Impact varies by income level. Find your bracket to see what this means for you.
This change won't affect your household unless you own farmland, which is uncommon at this income level.
Most families at this level don't own farmland, so this tax change won't impact your property taxes.
If you own farmland or rural property, removing these tax breaks could mean higher property taxes on that land.
Households most likely to own farmland or investment agricultural property would lose valuable tax breaks, leading to higher property taxes.
Income impact analysis based on policy text. Individual circumstances may vary.
Every page is a door. Pick one and keep going.