For more than half of the history of the Republic farmers and ranchers paid no income tax because there wasn’t one. So subsidies is just a way of preserving the food chain.
Their tax rate shouldn’t be 15%.
For ACTIVE WORKING FARMERS AND RANCHERS, their tax rate should be 0%.
For PASSIVE NON-WORKING FARMERS AND RANCHERS, their tax rate should be the maximum rate plus a surcharge for leeching.
I love your tax proposal, generally speaking....though I wouldn’t necessarily hit the passive, non-working with a surcharge.
Just so I understand....active and working is pretty clear. But for passive and non-working, would that include people who own the farm but hire someone else to do the work? There are lots of good people who do that, also, and some of these farms are also modest in size. Like family farms, but just that the owner has hired someone else to do the farming.
If you could flush your proposal out a little bit, I’d appreciate it. I like it and you are on to something.