guaranteed FAKE news
that’s more than the entire cow is worth!
stupid stories like this are what makes us look like nuts sometimes.
Don't know if it's true or not -- haven't read that monstrosity of a bill -- but it's being reported by a Republican member of Congress. Can't remember her name at the moment, but I like her. Seen her interviewed a few times and she doesn't seem like a kook.
I'll wait for confirmation
guaranteed FAKE news
that’s more than the entire cow is worth!
stupid stories like this are what makes us look like nuts sometimes.
Exactly! At current prices, a beef cow is worth about $1300 so a tax of 3X the value of the cow, would:
1) likely be considered an ‘unconstitutional taking of property’
2) destroy the beef industry
3) be opposed by many Democrat Senators from beef producing states
And I am not even taking up the dairy side.
“guaranteed FAKE news
that’s more than the entire cow is worth!”
While true, it does represent, actually, a lower level of taxation ($8.00 per pound) needed to drive Americans off of beef. They’ll need to at least go to $9,000 ($17.00 per pound) to actually have the impact they want.
...and one can only imagine the cattle wrestling that will happen with this level of taxes!