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Long Awaited Tax Reform Nearing Reality

first_img How Indiana Crops are Faring Versus Other States Minor Changes in June WASDE Report SHARE Battle Resistance With the Soy Checkoff ‘Take Action’ Program By Andy Eubank – Dec 7, 2017 Facebook Twitter Live Cattle LEM21 (JUN 21) 118.70 1.13 Lean Hogs HEM21 (JUN 21) 122.68 0.22 Tax-reform-near-realityWith the House and Senate both passing their own versions of tax reform bills, comprehensive tax reform could soon cross the finish line. That legislative feat has the support of the American Farm Bureau Federation. For agriculture, AFBF senior congressional relations director Pat Wolff says the biggest difference in the bills is how pass-through business income will be treated. That’s income reported by farmers and ranchers who file under sole proprietorships, partnerships and S-corporations.“The Senate bill provides a big deduction for business profits. The House takes a completely different version and only provides a lower rate for a third of farm and ranch profits. How they work that out matters a lot to the taxes that farmers and ranchers will pay.”Both bills continue provisions important to agriculture like business interest deduction and like-kind exchanges. Farmers can also expect relief from the burden of estate tax.“Both bills double the estate tax exemption. So, that’s good news for most farmers and ranchers. Most farmers and ranchers will be under that exemption level of $11 million a person. The House bill does repeal estate taxes, but unfortunately that doesn’t look like it will make it into the final bill.”The House and Senate are expected to work quickly to finish the bill and be ready for a final vote within the next few weeks.“The next step is for a conference committee to be formed to work out the differences between the House and Senate bill,” Wolff said. “That conference committee will be made up of members of the House and Senate who helped write their respective bills. And, because so many things are the same, there is an expectation that they’ll finish up in the next week or so.”That would get the bill to the floor for final passage before Christmas.Farm Bureau has praised both bills for bringing Congress one step closer to a tax code that works for everyone in agriculture.“Farm Bureau looks forward to the Senate and House reconciling the differences between their respective versions in conference to achieve a final tax reform package that addresses the needs and concerns of farmers and ranchers and boosts economic growth in rural America,” American Farm Bureau President Zippy Duvall said in a statement.Source: AFBF Name Sym Last Change SHARE Wheat ZWN21 (JUL 21) 680.75 -3.00 Home Indiana Agriculture News Long Awaited Tax Reform Nearing Reality Corn ZCN21 (JUL 21) 684.50 -14.50 Facebook Twitter Feeder Cattle GFQ21 (AUG 21) 151.18 2.78 Previous articleOne More Smart Thing Your Smart Phone Can DoNext articleRyan Martin’s Indiana Ag Forecast for December 7, 2017 Andy Eubank RELATED ARTICLESMORE FROM AUTHOR All quotes are delayed snapshots Long Awaited Tax Reform Nearing Reality Soybean ZSN21 (JUL 21) 1508.50 -35.50 STAY CONNECTED5,545FansLike3,961FollowersFollow187SubscribersSubscribelast_img read more

Ighalo Retained in Man Utd’s 30-man Europa Squad

first_imgIn the list of United players for the restart of the second tier UEFA competition posted on the club’s website on Tuesday morning, the AFCON 2019 top scorer kept his place as he hopes to get on the scorers’ sheet again today like he did against the Austrians just before the lockdown in March.Only two players are missing from the previous line up. They are injured Luke Shaw and Axel Tuanzebe.Manager Ole Gunnar Solskjaer, replaced the duo with Teden Mengi and Ethan Laird.In the 30-man list are: Four goalkeepers, 10 defenders, 11 midfielders and five strikers.The Nigerian international is competing with Mason Greenwood, Anthony Martial, Marcus Rashford and Tahith Chong for a place in the starting lineup.Since joining United on transfer deadline day last January, Ighalo has been involved in all the matches played by the Red Devils in the Europa League, scoring two goals and providing an assist.Ighalo’s stunning strike against LASK on March 12 won him Manchester United’s Goal of the Month award for March 2020.Meanwhile, Solskjaer has confirmed that there is likely to be plenty of changes to the Manchester United starting XI when the team resume their campaign this evening against LASK.The Reds boast a healthy 5-0 advantage from the first leg in Linz and the Norwegian said the team he selects for the second leg against the Austrians is likely to be similar to the one that earned that lead – although he confirmed there would be at least one change.“Jesse (Lingard) will be starting on Wednesday (today), but the team won’t be too different to the last time we played LASK away in March,” said the Norwegian.“We know that it will be a difficult game. It wasn’t a 5-0 game (in the first leg). We scored three goals in the last five, so of course we know that we have to perform. There’s opportunities for players (who do well in this game) to play in the quarters if we get through.”Only Harry Maguire, Bruno Fernandes, Greenwood and Ighalo were involved in both Manchester United’s last Premier League game and the first leg against LASK, so there are likely to be plenty of alterations.If United successfully navigate the second leg against LASK, and ensure their 5-0 lead is not overturned, Solskjaer’s team will travel to Germany for the mini-tournament that will complete the 2019/20 Europa League.The Reds will play either Istanbul Basaksehir or Copenhagen in the last eight, in a game which is scheduled to take place at the Koln Stadion on Monday.United are likely to face one of Olympiacos, Roma, Sevilla or Wolverhampton Wanderers in the semi-final.Both semi final and final are due to take place in Cologne.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegram By Duro IkhazuagbeFormer Super Eagles forward, Odion Ighalo, has been listed in Manchester United’s 30-man squad for the knockout phase of the Europa League.The Shanghai Shenhua star in the Chinese Super League on loan at Old Trafford till end of January is likely to be in action this evening against Austria’s LASK in the Last -16 second leg clash in Manchester.last_img read more