Bush proposes new dairy tax in US budget

Posted 13 February, 2006
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A new tax on dairy farmers along with reductions to two dairy price support programmes and a 3% tax per hundredweight of milk, at around $720 a year for an average dairy farm, has been proposed in US President Bush’s 2007 budget plans.

The budget would increase spending for food and farm safety and security, and reduce payments from all commodity programmes