Food scarcity means more dependence on the government. So Biden must do all that he can do insure it happens.
Bolsheviks
Bernie is there in Iowa selling the new taxes right now. How’s he making out.
Wouldn’t these be direct taxes — to be apportioned. which make them impossible to implement. they must lump these into income taxes as appurtenances to wealth? not really income. but taxed by decree.
And in unrelated news Gates is set to be the world’s largest owner of farm land. Blackstone announces record profits in rental market.
The Biden Administration is working for the enemy. That is the only explanation for thesis amount of ineptitude.
Yes, the article is true, taxes will go up. But we told the politicians we wanted to get rid of the “death taxes.” Well they heard us and this is the solution.
But what the article doesn’t present is that this problem has been solved severl times with the following:
https://pro.bloombergtax.com/portfolio/section-2032a-special-use-valuation-portfolio-833/
But the untold secret is that the heirs do not want to continue the family business..............they want the cash.