ASI Supports Extension of Tax Provisions
September 23, 2016

In a letter to congressional leadership this week, more than 50 varied industries, including the American Sheep Industry Association, urged Congress to provide a seamless, multi-year extension of the tax provisions that are currently slated to expire at the end of 2016. These tax provisions impact sectors that are vital to the U.S. economy and support thousands of jobs nationwide.

Allowing these tax provisions to lapse would effectively increase taxes on the entities that create jobs and economic growth. Also, the on-again, off-again nature of credit eligibility will cause uncertainty and make it more difficult for businesses to make important tax planning decisions.