In fairness, whether you agree with the CARES Act, that was part of the point: incentivize people to stay home rather than spreading the virus.
i wonder how many current farmers got their farms from previous generations in their family? My perception is a lot but i dont really know. i do think its curious the few farmers i know always bitch and moan like some on here about people in the city collecting welfare and accusing them of just not caring or trying to make ends meet like a farmer does. But my 2 farmer friends were GIVEN their farms by their families after dads died. i'm all for hard work and i know farmers work as hard as anyone i know. but they refuse to admit they were GIVEN a farm. almost none of these people born in the cities in poverty were given anything except a shitty outlook on life because of the environment they live in. I just wish some people would admit it has a lot to do with where you start as much as more as how hard you try.
LOL
I think what he's saying is that most people don't inherit property worth hundreds of thousands of dollars that was partially paid with government subsidies yet fail to acknowledge said subsidies.
please. the same giant ag companies that buy the majority of their crops would buy their land before the ink dried.
They MIGHT have been given the farm, but IF they were they paid tax on that gift. It's not different than any other gift for tax purposes. In FACT many if not most families are forced to sell the farm to pay the tax. Very few farmers I know had farms given to them. IF they had the "home place" gifted to them, they paid that tax and then have had to buy land to try to stay competitive. Each and every year the number of acres it takes for a farmer to try to make a living has increased.
Yeah, I want my food supplied by a multinational corporation under the thumb of a foreign government.
What could possibly go wrong?Once again, all I'm saying is I hate the irony of farmers refusing to acknowledge they have been given government help while complaining about welfare.
The amount of tax if any is dependent on the value of the asset. IF your dad had sold the land he would pay capital gain tax. Your dad didn't inherit very much land if he didn't pay tax on it. OR,the other thing some people have done is they've paid in to life insurance policies with the beneficiary of the policy being the heir. Life insurance proceeds are not taxable so that money is used to pay any tax liability the heir might incur. In that case somebody really paid tax on the land via life insurance premiums.
He got a 1/4. I'll have to ask him. I just looked it up. If Google is correct than then Nebraska inheritance for immediate relatives is 1%. So it would have been a couple thousand bucks on a 1/4 of land. Probably why he didn't think it was worth discussing.
The problem for farmers is that we operate in a world market and other countries subsidize their food production. You only get a flood disaster payment if YOUR land floods btw. Some of you need to not comment on farm payments if you don't know what it really entails. It might allow you to take out government subsidized loans if you're in a county that was declared a disaster but you don't get a payment if you don't have a loss. You have to prove a loss. I pay huge crop insurance premiums for my hobby farm to cover my losses IF we have a drought or aren't able to plant because of wet conditions. I've had a couple of claims but I've figured it out and for the amount of money I've paid in for crop insurance it's been about a wash. I would be a little bit ahead IF I didn't have to buy crop insurance. The catch is IF you don't buy crop insurance you don't get disaster assistance in the event of a widespread drought or other natural disaster.
Some states have done some things to try to keep family farms in the hands of families and out of the hands of foreign investors. There are counties in Nebraska who are struggling with the Ted Turner land purchases and what that has done or will do to their tax roles already. We can't afford to have the majority of farms fall in to the hands of large corporations. We should have learned that lesson with giving up our medical supply production to the Chinese. We've already felt some pain with Smithfield and JBS foreign ownership of packing plants.
Might have changed this farm bill but I know that's how it worked in 2008 FB because I've been there while it was being explained by fsa. My dad has also got a small livestock disaster payment when he didn't actually incur a loss. I'm happy with how they eliminated direct payments and hopefully they keep moving towards more conservation induced subsidies. I also they would raise the cap on crp acres. You want to talk about bang for your tax dollar, crp is it, as long as its targeted towards environmentally sensitive land.
If he got a livestock disaster payment it more than likely was because of the effect that crop losses had on the price of feed for his livestock. I got one of those a few years ago after that terrible drought, but you had to prove how many head of livestock you fed etc to get some help.
Yeah I just remember it was one of those deals where he said fsa just told him to fill it out so he did and got money later.
On that topic, when can we expect the next shipment of Donald Dollars to come through?
did you read my post? i said farmers work very hard. and they also were given a farm. poor people on average were never given a farm. its just a fact. i'll bet a very large percentage of people no matter where they came from or the color of their skin would be better off over the course of their lives if they were given a farm in the beginning.
wah wah wah. I wasn't given anything. wah wah wah. Most people IF given a farm by the government would lose it in the first 5 years regardless of the color of their skin. The problem with you is that you don't think blacks are capable of succeeding on their own merit. I don't care if you're black or white. If you're stupid or lazy you're not likely going to do well in life.
You've discovered the secret. All govt healthcare sucks.
As opposed to the metropolises they were living in?
Then MOVE!!!!
I agree, testing 800K people a day is worthless. Protect the elderly and sick and the rest of us need to go on with our lives.
