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Biden’s tax plan includes not only a removal of the step up in basis but an immediate tax due on unrealized capital gains assessed on the transfer. So, whether you sell the farm or not, you’ll owe the tax on the increase in value from the day it was purchased to the day you inherit. So, of course, the only way for most people to pay it will be to sell.

Obviously, the little guy will take it up the ass. Corporations, the ultra rich, and of course Chinese investors will soon own all the land.

BP-B2

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And then farming will stop.

MM

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Democrats don't care.


The only thing worse than a liberal is a liberal that thinks they're a conservative.
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Originally Posted by MontanaMan
And then farming will stop.

MM


No, it won’t. The owners will be in China or Silicon Valley and farmers will all be hired hands.

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So he's working with the piece of trash bill gates of hell .
That's why....gates is taking over the food supply ...the SOB! Son of Belial
I knew there was going to be more schemes to come.
Now I'm too mad to sleep!

When you have some verbage this week, could you post it?
I.hope your news source made a mistake.

Last edited by Happy_Camper; 02/24/21.
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And that is what paddler and suck ass and cowboy Tim voted for, the downfall of decent folks and America.


"The 375HH is the greatest level of power you can get for the investment in recoil." (JJHack)
79s and losttrail, biggest waste of air.
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~Molɔ̀ːn Labé Skýla~
As Bob Hagel would say"You should not use a rifle that will kill an animal when everything goes right; you should use one that will do the job when everything goes wrong."Good words of wisdom...............
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Last edited by Happy_Camper; 02/25/21.
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Fugg it.

No one gives a schit about farmers anyway.


Send them checks boys. You can finally get what you want.


Cheaper food....and no American making a dollar.



Well done.


I am MAGA.
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Transfer and "equalization" of wealth. The citizens will all be poor together and the politburo elite will own everything.


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Originally Posted by JimmyGrace
Democrats: stupid fzcking idiots I hate ‘em all even a couple family members I hate them just the same. They know it too.


You any kin to JoJo the Dogfaced boy?

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Dont worry the environmentalists will be along to offer the ranchers and farmers heirs a conservation easement on their land instead of paying the tax or having to fire sale half the land to pay the tax. Their way of controlling your land without really paying for it.


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Hey, I’m sure it’s “for the children”, like everything else they do.


What fresh Hell is this?
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It's as if a group of people who've spent a great deal of time figuring out the best way to destroy our nation have now been given power over everything in our nation.

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El linko?


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Originally Posted by JoeBob
Biden’s tax plan includes not only a removal of the step up in basis but an immediate tax due on unrealized capital gains assessed on the transfer. So, whether you sell the farm or not, you’ll owe the tax on the increase in value from the day it was purchased to the day you inherit. So, of course, the only way for most people to pay it will be to sell.

Obviously, the little guy will take it up the ass. Corporations, the ultra rich, and of course Chinese investors will soon own all the land.


Dont pay the tax! Fight

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if this occurred, it'd be from the time of the edict forward, right? behooves one to get everything into their kids names as fast as possible?

like guns, if there's a new law, hopefully it'd only effect the next generation if we've already done our due diligence?

oh, they will have their reasons if they decide implement such a maneuver. how can we counter?


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Originally Posted by The_Real_Hawkeye
It's as if a group of people who've spent a great deal of time figuring out the best way to destroy our nation have now been given power over everything in our nation.



Exactly, let fox in the hen house

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Originally Posted by The_Real_Hawkeye
It's as if a group of people who've spent a great deal of time figuring out the best way to destroy our nation have now been given power over everything in our nation.


if the great American growth engine is stalling (ain't sayin' it is), then they are looking at turning over every rock searching for assets to tax to keep the elite's wealth intact. this is a serious moment when the dems are concerned about the russians while co-habiting with the chinese to clean our clocks. if the chinese are in the ascendancy they are looking for allies to help them extend their empire. they're already buying up africa. america's farmland can produce food for them. why allow the farmers to profit?


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Where have I read about about someone trying to control the food supply?

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