Yakym: Delivering tax relief for farmers a goal for Ways and Means Committee
By U.S. Rep. Rudy Yakym, Republican Party, District 2

I’m proud to represent Indiana’s Second District, which plays a vital role in powering our economy and supporting American industries. It’s the blueprint for the kind of production economy President Trump is striving to create throughout the nation, where agriculture and manufacturing thrive side by side.
From being key producers of soybeans, corn, eggs, dairy, beef, pork, tomatoes and potatoes to building 85 percent of America’s RVs and 60 percent of its artificial knees and hips, Hoosiers in my district don’t just work hard – we deliver.
Our farmers and producers don’t need Washington bureaucrats telling them how to do their jobs – they need a government that works for them, not against them. As a Ways and Means Committee member, I’m fighting to deliver tax relief for our agricultural community and manufacturers, to cut red tape and to roll back the burdensome Biden-era regulations suffocating small businesses and family farms.
As we work to extend and expand President Trump’s tax cuts, I’ve strongly supported immediate expensing for capital expenditures and repealing the death tax. Immediate expensing allows farmers and ranchers to invest in equipment and technology that drive efficiency, boost productivity and keep American agriculture globally competitive.
Repealing the death tax gives confidence that Uncle Sam won’t meddle in the transfer of a family farm to the next generation. These kinds of forward-looking policies help rural communities thrive and ensure our producers have the tools they need to succeed.
President Trump made a clear promise on the campaign trail: Put America First by cutting back the burdensome regulations imposed by the Biden Administration.
One of the most egregious examples came in 2024 when the Securities and Exchange Commission issued a sweeping rule that would have forced farmers, producers and manufacturers to comply with costly and unnecessary climate-related disclosures. President Trump eliminated that rule within his first two months back in office, delivering immediate relief to America’s producers.
House Republicans proudly stand with President Trump in restoring common sense to Washington.
In just the past four months, we’ve already repealed 10 damaging Biden-era regulations, ranging from rules targeting rubber tire manufacturers and domestic energy producers to red tape affecting the walk-in coolers used by farms and rural small businesses. These are important wins for American industry and agriculture, but there’s more work ahead, and we’re committed to getting it done.
I will always fight to protect the future of Indiana agriculture, because when our agricultural community and manufacturers succeed, America succeeds.
Posted: May 24, 2025
Category: ICGA, Indiana Corn and Soybean Post - May 2025, ISA M&P, Membership and Policy, News