Politicians don’t usually get noticed for what they write in the Farm Bureau’s semimonthly newsletter, but some of their responses to the American Farm Bureau Federation’s candidate survey might be news to you. Sen. John McCain said he would exempt agriculture from his carbon cap-and-trade program. Sen. Barack Obama said he supported a drastic reduction of the estate tax.
From the Farm Bureau’s release listing some takeaway points from their candidate survey responses:
When asked about the farm bill, Obama said it was important to implement the 2008 bill as passed by Congress. McCain, who did not support the bill, instead focused his answers on expanding foreign markets and reforming the crop insurance program.
According to the survey, both candidates support creating a greenhouse gas cap-and-trade program. McCain goes a step further by saying he would exempt farmers from greenhouse gas caps.
Both candidates pledge to cut the estate tax, with McCain promising a lower tax rate and higher estate value exemption (15 percent and $10 million) than Obama (45 percent and $7 million).
To read the questionnaire in the newsletter, click here (pdf) and go to page 3.