Many farmers used to act like they lived in poverty in the eyes of the IRS by buying deductible machinery and bragged loudly about not paying taxes. The downfall to that was they borrowed money to buy the machinery. Then the 80’s came and suddenly those farmers were in big money trouble, behind on loan payments on that machinery they purchased to avoid taxes. If those farmers were too far under water and had to sell out they suddenly owed a big income tax bill from selling the machinery that got them out of paying taxes. It doesn’t seem like I hear much of that bragging among farmers anymore. I’m a farmer too and I have taken advantage of farm related tax deductions every year but I have never purchased toys just to avoid income taxes nor will I ever.
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Today's Featured Article - The Rescue of a Fordson F - by Anthony West. Introduction I live in the UK and have for many years restored Fordson tractors (in the main model N's). I have also restored and shown model F's, E 27N's, Field Marshall Series 2, David Brown Cropmasters and the old rey Fergeson T 20. At one time I had seven restored examples which were shown and used in ploughing matches. As most restorers, I have a number of war stories I can relate on a range of topics that may help other like minded and interested people. Perhaps my first p
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