Tax Extenders Talk Heats Up

Iowa Senator Sees Tax Bill as Priority for Lame-Duck Congress

Chris Clayton
By  Chris Clayton , DTN Ag Policy Editor
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The Association of Equipment Manufacturers has reported sales of larger tractors were down 22% in the U.S. from last year while combine sales were down 49% and at the lowest level since 2007. (DTN/The Progressive Farmer file photo by Jim Patrico)
Iowa Sen. Charles Grassley said one of his goals in the lame-duck session of Congress is to see a tax-extenders bill that would include returning the Section 179 deduction to $500,000 for business equipment, including farm machinery. Grassley said leaders of key...

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Chris Clayton