Silos

Grant Gerlock/Harvest Public Media

December 21, 2017

Sweeping Changes To U.S. Tax Code A Mixed Bag For Farmers, Rural Hospitals

Many rural businesses and farms will benefit from the tax overhaul passed Wednesday by Congress. But there’s a catch: If the changes fail to spur economic growth as intended, programs that rural areas rely on could be on the chopping block.


House Speaker Paul Ryan (R-WI), speaks about the Republican tax reform legislation currently before Congress, during his weekly briefing on Capitol Hill December 14.

Mark Wilson/Getty Images

December 19, 2017

CHARTS: See How Much Of GOP Tax Cuts Will Go To The Middle Class

The Republican tax bill that the House and Senate are set to pass as soon as Tuesday night would give most Americans a tax cut next year, according to a new analysis. However, it would by far benefit the richest Americans the most. Meanwhile, many lower- and middle-class Americans would have higher taxes a decade from how...unless a future Congress extends the cuts.


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