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Lost & Found

Lost: Female German Shepherd, 2 years old, pink collar. Lost from Hickory Hill/Great Oaks area off FM539, La Vernia on Thurs. Feb. 4 Reward! (830) 947-3465
Lost: Male Red Nose Pit Bull, "Chevy," wearing an orange collar, friendly, last seen on County Road 403. 830-477-6511 or 830-534-9094.

VideoREWARD. LOST CAT: Gray and white male cat, since Nov. 13, on C.R. 429, Stockdale, wearing a silver collar. Call 512-629-2005 with any information.
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Help Wanted

Actively seeking a CDL driver, Floresville, TX., must have a VALID Class A driver license, clean driving record, and minimum 5 years’ driving experience. Responsibilities include hauling equipment and plastic to and from location. Driver is in charge of maintaining cleanliness and maintenance of vehicle. There is no set schedule, hours vary and traveling is involved. Call Mustang Energy Services, 830-393-1034.
Hiring seasonal workers at Braunig and Calaveras Lake. Apply within or call 210-635-8289.
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Agriculture Today


New Medicare, health tax burdensome for ag families




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March 27, 2013 | 4,269 views | Post a comment

WASHINGTON, D.C. -- New Medicare taxes, the health-insurance tax, and penalties for failure to meet coverage requirements will harm the nation’s farm and ranch families, the American Farm Bureau Federation told Congress March 5, according to a Farm Bureau press release.

The new Medicare Contribution Tax, which is a tax on unearned income such as capital gains, will burden farmers and ranchers more than many other taxpayers because farming and ranching is a capital-intensive business, the American Farm Bureau Federation noted in a statement submitted to the House Subcommittee on Oversight of the Ways and Means Committee.

Further, the imposition of the Medicare Contribution Tax when a farm or ranch is sold amounts to a “retirement tax” on agricultural producers because it will go into effect when farmers sell their businesses to fund retirement. Beginning farmers could be affected as well, as adding this tax on top of capital gains taxes will make it more difficult for them to acquire land needed to get started in business.

Farm Bureau supports repeal of the 3.8 percent Medicare Contribution Tax, that will be applied to “unearned” income of so-called high-income taxpayers and the new 0.9 percent Medicare tax that will be imposed on wages and self-employment income above established thresholds for high-income individuals.

The Farm Bureau also supports legislation to repeal the Health Insurance Tax, as it will raise insurance costs, making it harder for farmers and ranchers to purchase coverage for themselves, their families, and their employees.

In addition, the health-insurance coverage mandate accompanied by the threat of a tax penalty for noncompliance is only making the situation worse for people unable to afford health-care coverage in the first place, according to the American Farm Bureau Federation.

“Rural American families already pay a greater percentage of their after-tax family income on health insurance than urban American families,” according to the Farm Bureau. According to the Council of Economic Advisors, nearly one-quarter of families in rural areas spend more than 10 percent of their income on health-insurance coverage, compared with 18 percent in urban areas.

Protecting farmers’ and ranchers’ interests in debates on tax reform is a priority included in the American Farm Bureau Federation’s strategic action plan for 2013.
 

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