Trump and farmers

Trump has sought support from farmers but this New York Times article says that his tax law could hurt farmers.

The article states “New analyses of the tax law by economists at the Department of Agriculture suggest it could actually lower farm output in the years to come and effectively raise taxes on the lowest-earning farm households, while delivering large gains for the richest farmers.”

Trump had lied earlier and said the estate tax was a burden on farmers.  However, only 153 out of 38,328 farm estates paid any estate tax in 2016.

When Trump spoke to farmers in Nashville on Monday, January 8, he said that taxes had been reduced by $5.5 trillion when the actual reduction is $1.5 trillion.

Sad!

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