Re:Too Rich to Live?
by wglb on Saturday July 10, 2010 @11:07AM
(#1503743)
The ongoing death of the family farm is a complex and challenging process. First, few other walks of life saw technology improve productivity by an order of magnitude or more in the space of a generation. During one stretch of personally observable time, between the time I was 3 and the time I was 13, the cost of a particular tractor went from 1300 bushels of wheat to 6500 bushels of wheat.
Farm subsidies have had interesting impacts on not only how farms have run, but shifts of political power and in fact the structure of that society.
And as another commentor says, other structures of ownership (corporations, LLC, trusts) can protect the family's ownership.
In any practical sense, inheritance tax doesn't really hasten the death of the family farm at all.
Farm subsidies have had interesting impacts on not only how farms have run, but shifts of political power and in fact the structure of that society.
And as another commentor says, other structures of ownership (corporations, LLC, trusts) can protect the family's ownership.
In any practical sense, inheritance tax doesn't really hasten the death of the family farm at all.