DZfT-Laneister Farming Skturtfhy, November 15,119186 ‘ Changes in Federal Income Tax Law that will have an adverse impact on the agricultural com munity were the topic of discussion at a Regional Tax Meeting held November 3, 1986 at the Mif And Vegetable Consumption Check the following table of fruit and vegetable consumption and see if your own tastes reflect the national trend. Note changes in preferences from 1970 to the present. Fruit Bananas Apples Oranges Grapes Grapefruit Peaches Lemons and Limes Strawberries Pears Avocados Nectarines Plums and Prunes Pineapples Vegetables Lettuce Onions Tomatoes Cabbage 2 Carrots Com Celery Cucumbers 2 Green Peppers 2 Broccoli Green Beans 2 Cauliflower 1 Retail weight basis. 1985 data are preliminary estimates. 2 Data not reported by USDA since 1981. WATER WATER WATER Bad water will lower your Income gsr*; By removing nitrates, bacteria & sulfates from your water you will have a healthier herd. Acid in water increases herd health problems. RedtiixiKMsrodtacilcitiProi^eiiis <■ ■* mm, ' -mm mat JraßliiiiSC awfcpwwi iiPWlii inroiiPWtaßßWl Produce More Milk We can remove these nitrates, bacteria & sulfates and put your PH to near neutral. Call Us Before You Buy And See Our Many Happy Users We have competitive prices. OREGON WATER SALES Leola, PA 717-656-8380 If no answer, call early in the morning or evenings. Northumberland Tax Meeting Held flinburg Area High School. Around 60 persons attended the farm meeting sponsored by Mifflmburg Young Farmers Organization, PFA Farm Management Service, Farm Credit Service and the Penn Trends In Fruit Per capita consumption Change 1970 1980 1985 1970-85 pounds p*r ptrson ‘ 17.6 20.8 25.6 16.3 18.3 17.4 15.7 15.3 12.0 2.5 3.3 6.3 8.0 7.8 5.5 5.6 5.4 3.8 2.1 2.3 2.9 1.6 1.9 2.9 1.9 2.3 2.7 .4 .8 1.7 .6 1.4 .7 +45% +7% -24% +152% -31% -32% +38% +Bl% +42% +325% +167% +7% +lOO% 1.6 1.5 1.4 1.5 1.5 1.4 23.7 17.9 13.4 +14% +56% +28% 7.4 7.1 6.9 +30% -3% +3% +420% +233% State Cooperative Extension Service. Professor Larry Jenkins, Ex tension Economist, Pennsylvania State University Cooperative Extension Service gave a general overview of the 1986 Tax Reform Act and how it will affect farmers in 1986, 1987 and 1988. Mr. Fred Weaver, Farm Records and Tax Specialist, Farm Credit Service explained how the repeal of capital gains will increase the level of mcome that will be taxed when selling a dairy herd, farm machinery or real estate in the future. “Although tax rates are to decrease and some deduction will increase, the loss of preferred treatment for income from the sale of capital assets will cancel other benefits,” said Weaver. Mr. Donald Hummel, Sr., Director of Training, PFA Farm Management Service discussed the changes in depreciation methods. “Slower depreciation rates increases taxable income, and what a person will be required to pay,” said Hummel. All speakers agreed, farmers are going to need records if they do not want to pay un necessary income tax in the future. “Most of the changes in the tax law The best feeds you can buy for fTyour cows are the best investment u yHy that you can make! FLORIN FEEDS have been tried, tested and and proven successful as a means of increasing milk production and maintaining good health. You'll appreciate the difference they’ll make... in the size of your milk checks! are not going to benefit the U.S. r ' ,^P an^er ’ P res *