U.S. potato producers support a tax structure that rewards entrepreneurship and business investment. NPC supports a government presence in those activities not efficiently performed by private industry including the infrastructure to market U.S. agricultural products both domestically and abroad.
Estate and Business Tax Reforms
NPC advocates for tax policy reforms to help ensure the preservation of our family farms. As part of the 2017 tax reform effort backed by the Trump Administration, NPC and the agriculture community supported for reforms to the tax code, including: reducing the corporate rate to 20%; accelerated depreciation/expensing provisions; and, a doubling of the threshold for the estate tax to $11 million.