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A comment on The suicide rate for farmers in the U.S. is more than double that of veterans. Parent comment

Re:The suicide rate for farmers in the U.S. is more than dou... by mohaine on Wednesday December 06, 2017 @05:44PM (#15865823)
Farmers often take 100% depreciation on a new purchase. So for tax purposes they lost 150k and do not have an asset worth 150k sitting around.

Now if they sell the tractor they have to pay taxes on the full sale price as profit since it was previously worth zero.

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Re:The suicide rate for farmers in the U.S. is more than dou... by avs733 on Wednesday December 13, 2017 @10:51AM (#15914975)
Which, because of their mindset about taxes, hurts the resale market for tractors and allows manufacturers to overprice new sales.
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