tax breaks

randallcounty.org

Texas Panhandle commissioners agreed to give a big tax break to Chermac Energy reports the Amarillo Globe-News.  Randall County commissioners recently voted to allow the proposed wind farm to pay about half of what it would in property taxes over the next ten years.

Chermac Energy gets a 100 percent tax abatement in exchange for paying $3.4 million over the same ten year period.

A couple more steps have to be taken before the decision is final.  The county has to send notification of the agreement to other taxing entities, and then a final vote will be held.

End of Tax Break Could Affect Tractor Sales

Sep 23, 2013
Bill Wheelhouse/Harvest Public Media

On a hot August day in late August, Kevin Bien stands in the shade of a large gray piece of farm equipment.  The brand marketing manager for Gleaner Combines gives his best spiel to a group of farmers attending the Farm progress Show  in Decatur, Ill.   Torque, efficiency, and new technology are among his key points for the prospective buyers of the large machines that can run anywhere from $300,000 to $500,000.    

And farmers are buying. Frequently.