The Agriculture Department is getting ready to tell a lot of people who’ve been getting farm subsidy checks without lifting a hay bale, swinging a pitch fork or driving a tractor that they’re cut off.
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- Thread starter Greg1959
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Anonymous-0
Well-known Member
Its aboot time, why should someone like David Rockefeller get thousands of dollars?
And here we are paying land tax that is a mortgage payment. That's a pretty darned expensive loophole from a glance. In short, its saying that some very wealthy people have received these payments for nothing, all legal and they qualify? Took em til now to do something about it? A convenient delay, and you know once again, they knew the course of action would take that long, providing years of access to these payments through what is called a loophole or what is really a designed flaw.
fixerupper
Well-known Member
We have one in our neighborhood that's on the list. A little to his defense, he does buy his inputs and machinery here locally. He is a common self made hard worker who can be seen in a flannel shirt and blue jeans, is successful in his off and on farm businesses, but he doesn't rely on farming for a living and certainly doesn't need a taxpayer handout to stay in business.
Robert Major
Well-known Member
Hi
Thats an interesting article, It's probably going on up here in Canada to with silent business partners in farming enterprises, when the government hand out money once in a while.
I Can fix the who does and doesn't qualify debate for them. Make the system 720 hours minimum actually working on the farm per year and I think 75% income has to be your farm produce related.
This is the requirement here to keep my farm licence plate on my truck in Manitoba.
It's done so a guy that farms in a smaller way,with say animals or grain, for Market and has a second job, can still qualify for the plate.
My hog system here is 2 hours every day minimum plus baling/ hauling and barn cleaning/ maintenance, so i'm way over 720 hrs and have a more part time second business.
Regards Robert
Thats an interesting article, It's probably going on up here in Canada to with silent business partners in farming enterprises, when the government hand out money once in a while.
I Can fix the who does and doesn't qualify debate for them. Make the system 720 hours minimum actually working on the farm per year and I think 75% income has to be your farm produce related.
This is the requirement here to keep my farm licence plate on my truck in Manitoba.
It's done so a guy that farms in a smaller way,with say animals or grain, for Market and has a second job, can still qualify for the plate.
My hog system here is 2 hours every day minimum plus baling/ hauling and barn cleaning/ maintenance, so i'm way over 720 hrs and have a more part time second business.
Regards Robert
There was a web page that listed all the people who received farm subsidy payments, and how much they got each year. The one on top of the list was a rice grower in New Jersey. I don't remember the exact amount, but it was in the millions of dollars. George W. Bush was even on the list. His subsidy check was about three times what I made in a year. The super rich don't pay any taxes, but yet suck off of the lowly tax payer.
I think that all subsidies and payments should end and the government should butt out of agriculture all together. In this deal they have an easy target in the "rich" , people are jealous and want to stick it to the rich all they can and politicians encourage that mindset, the threat to liberty in that is all US citizens are endowed with equal protection under the law, as soon as you sanction discrimination of any group just because they are easy targets everybody loses.
Russ from MN
Well-known Member
- Location
- Bemidji MN
You get what you vote for! Think about it the next time
you go vote! Most of you folks are always defending the
rich nnalert politicians.
you go vote! Most of you folks are always defending the
rich nnalert politicians.
Where do you get the idea that the super rich don't pay any
taxes? That is not only grossly incorrect it also does not make
any sense, how would a rich US citizen avoid paying tax on
qualified income? If they are a U.S. citizen there is no hole to
hide in anywhere in the world, the IRS has agents in all the
money centers and they will eventually collect or that person
will go to a country with no reciprocal tax treaty and never
return to the U.S., even then any and all movements of funds
at any time may result in seizure. The real truth is that people
in the top 10 percent of qualified income pay 70 percent of all
income tax with the top 1 percent paying 37 percent of all tax,
these are IRS numbers, not mine. I really would like to know
how to avoid paying any income tax so if you know the secret
please share the wealth.
taxes? That is not only grossly incorrect it also does not make
any sense, how would a rich US citizen avoid paying tax on
qualified income? If they are a U.S. citizen there is no hole to
hide in anywhere in the world, the IRS has agents in all the
money centers and they will eventually collect or that person
will go to a country with no reciprocal tax treaty and never
return to the U.S., even then any and all movements of funds
at any time may result in seizure. The real truth is that people
in the top 10 percent of qualified income pay 70 percent of all
income tax with the top 1 percent paying 37 percent of all tax,
these are IRS numbers, not mine. I really would like to know
how to avoid paying any income tax so if you know the secret
please share the wealth.
Eldon (WA)
Well-known Member
Traditional Farmer
Well-known Member
- Location
- Virginia
Thats what I'd like to see just get the Gov't totally out of farming do away with subsidies,crop insurance,crop reports and all the other B-S they do.
That would mean farmers would have to start using a little common sense again.
That would mean farmers would have to start using a little common sense again.
Nebraska Cowman
Well-known Member
You guys can fight and argue all you want but if I owned a 500 (or 50,000) acre farm, lived in town and hired a couple guys to do the everyday work of farming, I'd be inclined to think that I was entitled to the same programs as the man who lived on and worked his own farm. I'd have the same risks. [no, I don't agree with the farm program but consumers want a cheap, safe, and dependable food supply and this is how our government chooses to control those risks]
fixerupper
Well-known Member
I looked myself up on that list. $279,000 since 1995. A large share of that is money from sealing grain. Sealing is not a handout, it's a loan. It's not a subsidy, it's a loan like I get from the bank but my grain in that bin is direct collateral and held hostage by the government till I pay off the loan or hand the grain over to them. This is why we don't believe everything we read on the net.
ObsoElitist
Member
As I live if a forest in California, my "crop" is pine cones and needles. My neighbor bought an old baler to make pine needle bales, but hasn't yet figured out what they are good for. I wonder if i can get a subsidy for not growing medicinal marijuana?
formenwhogrow
Member
In a government truck with a government gas card....
formenwhogrow
Member
I 2nd that.
If you are "rich" and getting subsidy payments and do not pay income taxes on it as qualified income, you might be in for a surprise next tax year. Because the irs has ways of confiscating your future subsidy payment before you even see it. I don't think being rich eliminates anyone from paying income taxes or reporting income to irs.
It is hard to defend subsidies. But there is roughly 28 million acres of cropland land in CRP at present under conservation subsidy & farm bill. What does that do for farmer's commodity prices to have that land out of production when corn is 3.75 bushel. Eliminate that subsidy and have all that land back in production and putting more down pressure on commodity prices. Corn is close to or at a break even price now.
GeneMO
Well-known Member
- Location
- Pilot Grove, Mo.
Good friend of mine share crops a large piece of Mississippi river bottom ground. It is owned by a concrete contractor out of St. Louis. Lavish building for a "club house", er, I mean "farm shop" It is a duck hunting club. The guy has so much off farm money that he is always coming up to my friend with a brand new tractor or planter and leasing it to them for peanuts. He just wants the write off.
My friend gets to drive new machinery he dont have to buy.
In my crop insurance work I was always running across very well off farm owners that just wanted the ground for hunting and recreational purposes.
Crop insurance has tried to write policy language to stop hunt clubs from insuring "food plots" that were planted for wildlife purposes only. But it is awfully hard to prove. Unless it is little one acre patches.
Gene
My friend gets to drive new machinery he dont have to buy.
In my crop insurance work I was always running across very well off farm owners that just wanted the ground for hunting and recreational purposes.
Crop insurance has tried to write policy language to stop hunt clubs from insuring "food plots" that were planted for wildlife purposes only. But it is awfully hard to prove. Unless it is little one acre patches.
Gene
Jim in rush co
Well-known Member
- Location
- Rush Co. Indiana
I cash rent both farms and been in program 25 yrs. I've got nothing, just the producer does.
You have that right. Just like rent assistance that's hidden in Urban and Rural development and heat assistance in the department of energy instead of where it belongs. If they(the feds) admitted just how much is in welfare give away programs tax paying American's would revolt.
Rick
None of you guys understand.
Ag subsidies aren't for farmers.
They are to have cheap abundant food supply.
It's not one bit about a fella with a tractor or pitch fork, or a mansion in town.
Its all about cheap food.
The city slickers want cheap food, and that is what they get with the govt farm bill.
Farmers are just along for the ride. They have no input nor help from all this.
It is to manipulate cheap food.
Look at my pie chart again. Its all about cheap food, not about farmers.
Every country does so. Europe it bound up so tight Mose can't export food to them, they subsidise the crap out of their farming.
Japan pours the money to their beef and fruit farmers.
China does things differently, they need to control labor more than food supply, so they subsidise the 5-10 acre labor intensive farms more then the bigger efficient farms.
South America has a couple dummies running their countries, they are trying to tax their farms to death, previously it was the one income stream those countries had to pull wealth into their countries but they are shooting themselves in the foot for now.
Africa is the place that just hasn't ever gotten it, and their ag - well total lack of ag - shows in spades.
Its global, agriculture is a tool to be manipulated.
All in all I prefer what we have here in North America by a long ways; but their sure would be room for improvement.
Anyhow, it is not about assising any farmers, not at all. Get that out of your head!
Paul
Ag subsidies aren't for farmers.
They are to have cheap abundant food supply.
It's not one bit about a fella with a tractor or pitch fork, or a mansion in town.
Its all about cheap food.
The city slickers want cheap food, and that is what they get with the govt farm bill.
Farmers are just along for the ride. They have no input nor help from all this.
It is to manipulate cheap food.
Look at my pie chart again. Its all about cheap food, not about farmers.
Every country does so. Europe it bound up so tight Mose can't export food to them, they subsidise the crap out of their farming.
Japan pours the money to their beef and fruit farmers.
China does things differently, they need to control labor more than food supply, so they subsidise the 5-10 acre labor intensive farms more then the bigger efficient farms.
South America has a couple dummies running their countries, they are trying to tax their farms to death, previously it was the one income stream those countries had to pull wealth into their countries but they are shooting themselves in the foot for now.
Africa is the place that just hasn't ever gotten it, and their ag - well total lack of ag - shows in spades.
Its global, agriculture is a tool to be manipulated.
All in all I prefer what we have here in North America by a long ways; but their sure would be room for improvement.
Anyhow, it is not about assising any farmers, not at all. Get that out of your head!
Paul
On the flip side of that coin when corn was high and rents were out of sight that was 28 million acres that was putting upward pressure on rents and land prices, that's why interference in a free market never works, or at least it does not work to the advantage of all players.
Pair-a-dice farm
Well-known Member
I'm no fan of farm subsidies but politico and EWG are poor sources for accurate information. I'd rather see the rich get their money back in subsidies as turn it over to the government and depend on them to spend it efficiently. I've got a lot more confidence in a rich guy taking his money and hiring people to help him make more money than I do the government.
farmer boy
Well-known Member
There's more to it than that. That property you're talking is taxed nearly 300,000 per year. He has an additional 6-7 acres that is taxed at about $100 because he has has bees on it. Saves him a crap load of money, but they still %aped him on the rest of it.
Afikaner farmers in the Veldt of South Africa used to furnish a high standard of living to their own country as well as many neighboring countries, together with Rhodesian farmers they employed hundreds of thousands of sub-Saharan African migrant workers who took good pay checks back to their home countries. Guess when all of that changed? Hint: Billy Jeff was sullying the White House at the time.
1948CaseVAI
Well-known Member
Texasmark1
Well-known Member
There's a box on the Schedule F that asks if you reside on your "farm". Now what comes of it if you say no, who knows.
Mark
Mark
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