A Walk Through the Mind: Taxing Farms

Taxing Farms

Aug 19, 2021

There's been a lot of comotion over Congress's $3.5 trillion social infrastructure bill. A worthy endevour by some, but I ask who will pay for it? Senator John Thune claims that ranches will take the brunt of the hit, and with a rocky 2020, additional expenses on their part won't help.

Executive Producer: John Fletcher

https://www.forbes.com/sites/lynnmucenskikeck/2021/08/11/how-the-senate-infrastructure-bill-could-strip-struggling-businesses-of-much-needed-cash/

https://www.msn.com/en-us/news/politics/democrats-unveil-blueprint-for-3-5t-budget-reconciliation-bill/ar-AAN7dy6

https://www.kvue.com/article/news/health/coronavirus/coronavirus-texas-cattle-industry-hit/269-be3e9e92-2840-4d99-b38a-3fdc8c658ac2

National Beef Assoc with University of Oklahoma study on money lost in beef industry:

https://www.ncba.org/newsreleases.aspx?newsid=7225

https://beef.unl.edu/beefwatch/cow-calf-cost-breakdown-%E2%80%93-cow-depreciation

https://www.wisfarmer.com/story/news/2021/06/21/texas-a-m-study-tax-code-changes-would-devastate-family-farms/5297189001/

Economic Impact Study from Texas A&M

https://republicans-agriculture.house.gov/uploadedfiles/rr-21-01-afpc-tax7.pdf

https://www.investopedia.com/terms/d/death-taxes.asp

https://moneywise.com/investing/real-estate/bill-gates-is-betting-big-on-farmland