Cows produce methane, a potent greenhouse gas, from burps and flatulence. The Environmental Agency wants to tax the emissions to slow global warming.
Under these regulations, a small-sized dairy farm with 75 to 100 cows would pay between $13,000 to $22,000. A small-sized cattle operation with 200-300 cows would be charged anywhere between $17,000 and $27,000.
Ranchers and farmers were outraged by this tax that came out to $175 a dairy cow, $87.50 per head of beef cattle and $20 per hog.
The frenzy has lessened, but the senators want to lobby to assure this does not happen- especially in the current economic crunch.
The good news is The American Farm Bureau is strongly behind the Thune-Schumer bill.
If you are interested in purchasing a dairy farm contact Farm Plus today. Farm loans are available. Farm Plus works with government agency to obtain farm loans for potential farmers. Call 866-929-5585 or visit online for more information.