What’s the typical food-producing farm worth, including acreage? If over $5 million, the estate tax would pretty much make it impossible for farms to be kept in the family. Hey, wait a minute.. That could be a goal of Agenda 21: To get farms out of the hands of private citizens or families and INTO the hands of the government or their operatives!
corn and soybean acreage around here is selling for well over $10,000/acre.
some of our locals own several thousand
That’s already the case. Many ranches in Texas are going to be corporations because the families can’t afford the taxes.