Trump takes victory lap on taxes with rural Americans
NASHVILLE, TENN. » Connecting with rural Americans, President Donald Trump on Monday hailed his tax overhaul as a victory for family farmers and pitched his vision to expand access to broadband internet, a cornerstone of economic development in the nation’s heartland. “Those towers are going to go up and you’re going to have great, great broadband,” Trump told the annual convention of the American Farm Bureau Federation.
“Farm country is God’s country,” he declared.
Trump became the first president in a quarter-century to address the federation’s convention, using the trip to Nashville as a backdrop for a White House report that included proposals to stimulate a segment of the national economy that has lagged behind others. His Southern swing also included a stop in Atlanta for the national college football championship game.
Joined by Agriculture Secretary Sonny Perdue, Senate Agriculture Committee Chairman Pat Roberts, RKan., and a group of Tennessee lawmakers, Trump said most of the benefits of the tax legislation are “going to working families, small businesses, and who — the family farmer.”
The $1.5 trillion package that Trump signed into law last month provides generous tax cuts for corporations and the wealthiest Americans, and more modest reductions for middleand low-income individuals and families.
The president warned against voting for Democrats in this November’s midterm elections, saying they would undo the tax bill. “If the Democrats ever had the chance, the first thing they would do is get rid of it and raise up your taxes,” Trump said.
Trump also highlighted the doubling of the threshold for the estate tax — earning a standing ovation from the audience— and the ability for companies to immediately write off the full cost of new equipment. He said that “in every decision we make, we are honoring America’s proud farming legacy.”