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Biden plan could force thousands of family farms to sell rather than face transfer tax
https://justthenews.com ^ | By Gailon Totheroh Updated: August 19, 2021 - 10:29pm

Posted on 08/20/2021 5:50:58 AM PDT by Red Badger

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To: Red Badger

Plank #1 of the Communist Manifesto: Abolition of private property in land and application of all rents of land to public purpose.

http://www.laissez-fairerepublic.com/TenPlanks.html


21 posted on 08/20/2021 6:07:03 AM PDT by E. Pluribus Unum ("Communism is not love. Communism is a hammer which we use to crush the enemy." ― Mao Zedong)
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To: E. Pluribus Unum

We’re there.


22 posted on 08/20/2021 6:12:33 AM PDT by HighSierra5 (The only way you know a commie is lying is when they open their pieholes.)
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To: gundog

Him or BlackRock.


23 posted on 08/20/2021 6:16:09 AM PDT by RushIsMyTeddyBear (RIP my "teddy bear". )
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To: NicoDon
will a family trust shield the family\property?

It may, depending on how it is set up. I have been out of estate planning for a few years but trusts do help eliminate some of the tax burden.

We all know that Gates is buying up a lot of farmland, the left want to control our food supply. When a farmer does not want to sell they just wait them out until the death tax is due. One of two things happen, either they pay the tax, which most will not have the liquidity for, or it is sold at a fire sale. One of my former clients inherited 3 family farms. He had to sell one of them to pay the estate tax.

24 posted on 08/20/2021 6:22:27 AM PDT by New Perspective (#NotMyPresident -Proud father of a son with DS & fighting to keep him off biden's death panels.)
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To: Red Badger

It is not a bug, its a feature.


25 posted on 08/20/2021 6:26:45 AM PDT by Army Air Corps (Four Fried Chickens and a Coke)
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To: Red Badger

So farmland can drive out privately-owned family farms and pass them into the hands of the Communists.


26 posted on 08/20/2021 6:32:16 AM PDT by Bon of Babble (Rigged Elections have Consequences)
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To: NicoDon
or forced to sell

Gotta be some way around it. While still alive, sell to third party who will sell it back to the kids? Or just sell it to kids cheap?

27 posted on 08/20/2021 6:32:49 AM PDT by Pollard
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To: Bon of Babble

Should read:

If passed, these new punitive laws will drive out privately-owned family farms and pass them into the hands of the Communists.


28 posted on 08/20/2021 6:34:39 AM PDT by Bon of Babble (Rigged Elections have Consequences)
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To: Red Badger

And there it is.... the sellout of our land to the Chinese.

Eventually, Biden will just award it to them if they don’t just take it from us.


29 posted on 08/20/2021 6:35:26 AM PDT by Safrguns
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To: LilFarmer

Biden, the gift that keeps on giving. /s


30 posted on 08/20/2021 6:36:31 AM PDT by duckman ( Not tired of winning!)
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To: Red Badger

“Why are so many musicians and actors communists?...............”

$$$$$$$$$$$$$$$$$$$$$$$$$$$

Because the sports, media, and entertainment industries are the designated Ministries of Propaganda and Truth.

Toe the line or be blacklisted. Play the part and be handsomely rewarded.


31 posted on 08/20/2021 6:36:37 AM PDT by Eccl 10:2 (Prov 3:5 --- "Trust in the Lord with all your heart, and lean not on your own understanding")
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To: dfwgator

Someone alert Johnny Cougar, although I still suspect he loves Biden.

In the 80’s I thought John Cougar and Bruce Springsteen were the bomb. Wore their cassette tapes out in my car, wormed my way to the front row of Farm aid 1985 to see John Cougar. Then I found out how big of Liberal POS’s they both are and now feel totally duped by them. Typical liberals! phony BS to the core!


32 posted on 08/20/2021 6:37:28 AM PDT by BobinIL
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To: KarlInOhio
ease of theft doesn't excuse the theft.

Yup--the DC world of "exclusions" and "exemptions" is just extortion.
33 posted on 08/20/2021 6:40:13 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: Pollard

We have relatives in that situation.

They can’t sell or even give the farm to their kids, because they reasonably believe (imho) the kids would immediately cash out and leave them homeless.

Just because someone is family does not mean the relationship is solid.


34 posted on 08/20/2021 6:43:00 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: Red Badger

Rwanda, anyone? I guess they forgot what happens when you turn farmland over to people who know nothing about farming. Either that or they want to starve us.


35 posted on 08/20/2021 6:45:21 AM PDT by bk1000 (Banned from Breitbart)
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To: Red Badger

So.
I am not a farmer. I grew up rural. So I can tell you this much. Farming/Agriculture is a trade, even though it’s not recognized as such. Most of the people doing it, have done it since early childhood. You don’t leave your desk job and take up farming or ranching, your going to fail.

Joe Biden does this, and you will be looking at loosing control of the food supply for this country and many others. Skyrocketing corporate price fixing, probably starvation, not to mention bad land management.

This may be good for the person who owns the most farmland in the United States (Bill Gates), but it’s bad news for the average American.


36 posted on 08/20/2021 6:47:18 AM PDT by Pete Dovgan
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To: bk1000

The ones who will starve will be eth city dwellers.

A small one acre plot will feed a family of four for a year at a time..............


37 posted on 08/20/2021 6:47:23 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Pete Dovgan

38 posted on 08/20/2021 6:48:34 AM PDT by Red Badger (Homeless veterans camp in the streets while illegal aliens are put up in hotels.....................)
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To: Pete Dovgan
Joe Biden does this, and you will be looking at loosing control of the food supply for this country and many others. Skyrocketing corporate price fixing, probably starvation, not to mention bad land management.

That's not a bug, that's a feature.

39 posted on 08/20/2021 6:49:08 AM PDT by dfwgator (Endut! Hoch Hech!)
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To: Pete Dovgan

I agree, I have a mini farm - produces just enough to provide enough veggies, fruit, eggs and dairy for my family and a few neighbors. It has taken me 15 years to feel even slightly competent doing this - and throw in an unexpected change in weather or pest, and I am back to square one sometimes.

And that is a small, backyard farm. This is a disaster.


40 posted on 08/20/2021 6:51:58 AM PDT by LilFarmer
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