Farmers and ranchers on a collision course for the state’s agricultural tax exemption

In a move that’s already sparking outrage among some farmers, the state will begin allowing ranchers and farmers to deduct up to $3,000 from their taxable income, even if the state allows them to deduct just $1,000.

The move has already drawn the ire of state agricultural tax exemptors, which are pushing for a statewide moratorium on the state tax exemption.

A spokesman for the Iowa State Tax Assessor’s office told the Register on Tuesday that the state would be reviewing the impact of the new tax exemption on the tax exemption for individual farmers and rancher.

The tax exemption is available to people who own or manage land in the state and their family members.

The exemption applies to farm equipment and supplies such as equipment and tools.

The exemption is meant to benefit farmers and other agricultural professionals.

Iowa already allows farmers to claim up to 3% of the value of farm equipment, such as tractors, to their federal and state tax liability.

The current exemption applies only to agricultural equipment.

However, Iowa already requires taxpayers to report certain farm expenses to the state.

The Iowa Taxpayers Association, a group that represents Iowa’s taxpayers, has been pressuring the state to drop the current exemption for farm equipment.

The association’s executive director, David Daley, told the Des Moines Register that the tax credit is “designed to protect the integrity of Iowa’s farm industry.”

The state’s tax exemptor association, Iowa Agriculture Tax and Assessor, also sent a letter to the Iowa legislature, saying that the new exemption for equipment and materials would not help the state avoid paying for certain farm subsidies.

The association wrote in its letter that the $3 million the state has already spent on agricultural subsidies will go toward agricultural programs that benefit the state taxpayers and their families.

It also said the new farm subsidy could help Iowa taxpayers and ranchedes avoid paying property taxes for the past 20 years.

“It’s a slap in the face for Iowa taxpayers who have worked hard to make this a great state,” said Daley.

“It’s just another example of how this tax-exempt exemption is being abused to further benefit a handful of special interests.”

The group also noted that the current state tax exempt exemption is only available to individuals and families, who must file federal tax returns and pay a minimum of $1.30 in property taxes annually.

Daley also noted the tax exemptions could affect farmers who sell their equipment to other individuals, who might then buy it at a lower price, or to non-profit groups that provide equipment to farmers and their staff.

The farm equipment exemption, he said, is intended to help Iowa farmers and the agricultural profession and its employees.

“The only way to save taxpayers and our economy from a tax increase is for the tax-exemption to be eliminated entirely for farm machinery,” Daley said.

“This exemption has been designed to help our farmers and agricultural professionals, but it will also help our state taxpayers.”

Iowa’s Republican governor, Terry Branstad, has called the exemption a “fraud,” and Branstad’s spokesman, Doug Sussman, told Iowa Live that the governor’s office will be reviewing whether the new federal tax exemption could hurt Iowa’s economy.

Branstad is also pushing for legislative changes that would allow Iowa to continue accepting the $2,500 annual tax exemption that is available only to taxpayers in the same state.

The Associated Press contributed to this report.

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