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Ag Sec. Perdue: Tax Reform Will Help Farmers

(Newsmax TV's "The Joe Pags Show")

Tuesday, 28 November 2017 09:54 PM

Tax reform and the Trump administration deregulation efforts will help American farmers "sell more" after stagnation during years of global growth, Secretary of Agriculture Sonny Perdue said Tuesday.

In an interview on "The Joe Pags Show" on Newsmax TV, the former governor and U.S. senator from Georgia said farms are businesses "and in order to stay in business they need to keep more of their money and have a fairer, simpler tax code and be able to prosper."

"These are family businesses much like many small businesses and that's why I'm interested and I think that [tax reform is] a good thing," he said. "I'm glad it passed out of the Senate [Budget Committee]."

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Farmers are doing well, Perdue said — but there is a catch.

"They're doing so great from a productivity aspect that they are producing more than we can consume, and that means we have to sell," he said, adding: "Prices are low due to four years of good global growth, growing weather. Farmers are hurting right now at break-even prices. We need to sell more."

He also praised Trump administration deregulation, and said he sees his role at the Department of Agriculture "to get government out of our lives."

"It decreases productivity, it decreases incentives," he said, adding the administration's "environment of deregulation" and tax cuts are "going to liberate America to be everything that we can be."

"I think Republicans generally know this is their future and people are expecting it," he added about tax reform. "We already see it built into the market, and I think absolutely it's going to happen."

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After stagnation during years of global growth, tax reform and the Trump administration deregulation efforts will help American farmers "sell more," Secretary of Agriculture Sonny Perdue told Newsmax TV.
sonny perdue, farmers, productivity, growth
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2017-54-28
Tuesday, 28 November 2017 09:54 PM
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