Working Families Tax Cut Marks One Year with Rural Health and Agricultural Investments

Working Families Tax Cut·Latest event July 4, 2026

Jul 4

Working Families Tax Cut Marks One Year with Rural Health and Agricultural Investments

The Working Families Tax Cut reached its one-year anniversary today, highlighting a series of investments for rural communities and the agricultural sector. The legislation established a $50 billion Rural Health Transformation Fund to improve medical access and increased 2026 Medicare payments to physicians. These healthcare initiatives also include expanding zero-deductible telehealth services and protecting rural nursing homes from new staffing mandates. For the farming industry, the law raised the death tax exemption to protect family-owned operations from double taxation. It also introduced a four-year capital gains tax deferral for farmland sales to help a new generation of farmers. Over the past year, the USDA has used these tools to improve risk management and reduce burdens for producers across the American heartland.

Rural Health and Farm SupportFarmland Capital Gains DeferralMedicare and Taxpayer ProtectionsOne Year of Progress for Rural FamiliesAnniversary of Working Families Tax Cut

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