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Ranchers, farmers brace for 'death tax' impact

 
Anonymous Coward
User ID: 28013056
United States
11/18/2012 02:37 PM
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Re: Ranchers, farmers brace for 'death tax' impact
poor farmers.

Farmers who dont grow anything, but just deal with cattle making themselves a killing while the average person struggles to buy beef in the store.

Farmers who sit on their land their whole life and never have to get out and get a real job in the real world while their property is used for nothing when they could be growing crops and hiring hundreds of people to harvest those crops by hand.

Poor Farmers who act as if they are more entitled or better than everyone else just because they own huge chunks of land.

Pity of the Farmers.skull_fing
 Quoting: NewsUpdater


I'm not a farmer, but I live all around farmers. For you to indirectly say they are lazy shows how absolutely fucking stupid you are. They work their asses off.

You probably voted for Obama too.
fluffycrittermeister

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11/18/2012 02:45 PM
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Re: Ranchers, farmers brace for 'death tax' impact
China and Russia don't even have an estate tax any more since they found firsthand how it contributed to a wrecked economy. In 2013 it is scheduled to be back to a little over 2003 levels, it was completely abolished in 2010, but they brought it back the following year.
Anonymous Coward
User ID: 18366868
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11/18/2012 02:47 PM
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Re: Ranchers, farmers brace for 'death tax' impact
Being a farmer myself, the biggest concern is the rate going up to 55%. And the exemption going from 5 million to 1 million on jan.1. 25% rate and a 3.5 million exemption would be fair.
Anonymous Coward
User ID: 28010550
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11/18/2012 02:55 PM
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Re: Ranchers, farmers brace for 'death tax' impact
ya know, most of the farmers around here wouldnt let you so much as step foot on their property without shooting you. Thats how greedy these people are. Greedy rich people who think they are entitled to their fathers wealth.
 Quoting: NewsUpdater


Yes, I am entitled. Did you start working 12 to 16 hour days when you were 8 years old? Did you dread school letting out for Summer because you went from 2 day work weeks to 7 day? Were you ever hungry because a crop didn't make and your whole diet until next harvest was beans, potatoes and corn bread, with the occasional hamburger?
And you know why farmers don't like people like you on their property, because you sound like the type that will take a 4 wheel drive truck into a field of standing wheat and do donuts just to see how much damage you can do.
 Quoting: Anonymous Coward 28010550


EXACTLY
people have no idea how hard a small farmer works
and how he lives
they aren't out during hurricanes, blizzards and below zero temps taking care of animals
and they aren't sweating and dehydrating working the summer
and can't afford to pay for help
either you do it yourself or it doesn't get done
very few have any clue just what that means for a farmer
i don't give a rat's ass about big ag
it's the small farmers that need to not be taxed
they're taxed on the "value" of their land and equipment
not what they actually make off it which isn't much at all
so farmers end up selling their land
but, hey, at least there will be room for more subdivisions for yuppies and walmarts for the ignorant masses
 Quoting: Anonymous Coward 27809652


You're right, they think that just because the land is "valuable", we make a killing. In a really good year, if we double crop, we can make $50,000, most years $35-40, some years a lot less.
Mkguyver

User ID: 27864029
United States
11/18/2012 02:55 PM

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Re: Ranchers, farmers brace for 'death tax' impact
The Death tax prevents families, whom do not shelter their estates, from accumulating their wealth into a formidable strength. There are many trusts that prevent the application of the death tax from being levied upon an estate.

The rich want no more rich.
Anonymous Coward
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11/18/2012 02:56 PM
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Re: Ranchers, farmers brace for 'death tax' impact
An idea, would be to sell land to your children before you die for $1, with stipulations that they can not sell and can use your/their land after you die.
Anonymous Coward
User ID: 18366868
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11/18/2012 02:59 PM
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Re: Ranchers, farmers brace for 'death tax' impact
An idea, would be to sell land to your children before you die for $1, with stipulations that they can not sell and can use your/their land after you die.
 Quoting: Anonymous Coward 24758892


Nope.that not legal anymore. was maybe 30 years ago.
Anonymous Coward
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United States
11/18/2012 03:00 PM
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Re: Ranchers, farmers brace for 'death tax' impact
poor farmers.

Farmers who dont grow anything, but just deal with cattle making themselves a killing while the average person struggles to buy beef in the store.

Farmers who sit on their land their whole life and never have to get out and get a real job in the real world while their property is used for nothing when they could be growing crops and hiring hundreds of people to harvest those crops by hand.

Poor Farmers who act as if they are more entitled or better than everyone else just because they own huge chunks of land.

Pity of the Farmers.skull_fing
 Quoting: NewsUpdater


Fuck you it's their land...the government will own it all soon
Anonymous Coward
User ID: 957572
United States
11/18/2012 03:00 PM
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Re: Ranchers, farmers brace for 'death tax' impact
Do you know why most farms are now owned by large corporations? It's because the farms don't make enough money to make land payments and still put food on the table. Mom and Pop farms are going away fast. If the farmers have to pay ridiculous taxes to inherit what they have worked for all their lives, the money comes from the bank. The bank will end up owning the farm. One more farm bites the dust. Farmers are far from rich. Most barely make ends meet in a bad year. A lot of farms depend on loans to survive a bad year. In a good year that same farmer can make enough money to pay everything off, and maybe buy a new truck, or a tractor. Does that make him rich, no it just means he can keep working his ass off for another year. Farmers work hard, and put in 60 to 80 hours a week. At harvest time or when something goes wrong, the hours can go up dramatically. Sometimes they have to eat on the go, and survive on a little nap when they can take a minute off. I don't know where these assholes get the idea that farmers are rich. If any of them want to try it, most farms are looking for help. The hours are long and the pay is not too good, but at the end of the day, you feel like you have accomplished something. With the average farmer being somewhere between 65 and eighty, this could work into a chance to inherit some land. If you are man enough, and aren't afraid of hard work, go for it. Just don't try to tell the farmer that he's rich. Even though his net worth looks really good, all his money is tied up in land and equipment.

The death tax makes it very hard to keep the farm in the family. It's just a gift to large corporate farms. That who ends up with all the land after it is repossessed.
 Quoting: Epic Beard Guy


sounds like the farm is going away when debt collectors come calling )


if farmers were collectively not such a bunch of douhes they would figure out workarounds for this. however i will refrain from giving them any ideas ) to stupid to hold onto your shit , then you don't deserve it
any business dependent on credit to run deserves to fail
Anonymous Coward
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United States
11/18/2012 03:06 PM
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Re: Ranchers, farmers brace for 'death tax' impact

poor farmers.

Farmers who dont grow anything, but just deal with cattle making themselves a killing while the average person struggles to buy beef in the store.

Farmers who sit on their land their whole life and never have to get out and get a real job in the real world while their property is used for nothing when they could be growing crops and hiring hundreds of people to harvest those crops by hand.

Poor Farmers who act as if they are more entitled or better than everyone else just because they own huge chunks of land.

Pity of the Farmers.skull_fing
 Quoting: NewsUpdater


Maybe us lazy ass farmers should go on strike for a year, you shouldn't miss us, we don't do anything except grow most of what you eat, such as beans, corn, potatoes, wheat, beef, pork and most of your vegetables. But you can live on those Mexican tomatoes and chilis, some high priced produce from Chile, and how about a little Japanese beef?
Anonymous Coward
User ID: 27809652
United States
11/18/2012 03:06 PM
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Re: Ranchers, farmers brace for 'death tax' impact
ya know, most of the farmers around here wouldnt let you so much as step foot on their property without shooting you. Thats how greedy these people are. Greedy rich people who think they are entitled to their fathers wealth.
 Quoting: NewsUpdater


Yes, I am entitled. Did you start working 12 to 16 hour days when you were 8 years old? Did you dread school letting out for Summer because you went from 2 day work weeks to 7 day? Were you ever hungry because a crop didn't make and your whole diet until next harvest was beans, potatoes and corn bread, with the occasional hamburger?
And you know why farmers don't like people like you on their property, because you sound like the type that will take a 4 wheel drive truck into a field of standing wheat and do donuts just to see how much damage you can do.
 Quoting: Anonymous Coward 28010550


EXACTLY
people have no idea how hard a small farmer works
and how he lives
they aren't out during hurricanes, blizzards and below zero temps taking care of animals
and they aren't sweating and dehydrating working the summer
and can't afford to pay for help
either you do it yourself or it doesn't get done
very few have any clue just what that means for a farmer
i don't give a rat's ass about big ag
it's the small farmers that need to not be taxed
they're taxed on the "value" of their land and equipment
not what they actually make off it which isn't much at all
so farmers end up selling their land
but, hey, at least there will be room for more subdivisions for yuppies and walmarts for the ignorant masses
 Quoting: Anonymous Coward 27809652


You're right, they think that just because the land is "valuable", we make a killing. In a really good year, if we double crop, we can make $50,000, most years $35-40, some years a lot less.
 Quoting: Anonymous Coward 28010550


and it's not just that we'll lose the small farmers (self included as we make too little to pay hundreds of thousands in taxes on the "value" so we'd have to sell)

it's the KNOWLEDGE that will also be lost
the knowledge of when to plant, what to plant, when to cut the hay, when to harvest this or that, the seasons, the cycles, all the influences, the moon phases even
will be gone

and that's really sad
but expected given how short sighted and determined to be more retarded society has become and increasingly dependent on those who should not be trusted
Anonymous Coward
User ID: 28010550
United States
11/18/2012 03:09 PM
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Re: Ranchers, farmers brace for 'death tax' impact
Do you know why most farms are now owned by large corporations? It's because the farms don't make enough money to make land payments and still put food on the table. Mom and Pop farms are going away fast. If the farmers have to pay ridiculous taxes to inherit what they have worked for all their lives, the money comes from the bank. The bank will end up owning the farm. One more farm bites the dust. Farmers are far from rich. Most barely make ends meet in a bad year. A lot of farms depend on loans to survive a bad year. In a good year that same farmer can make enough money to pay everything off, and maybe buy a new truck, or a tractor. Does that make him rich, no it just means he can keep working his ass off for another year. Farmers work hard, and put in 60 to 80 hours a week. At harvest time or when something goes wrong, the hours can go up dramatically. Sometimes they have to eat on the go, and survive on a little nap when they can take a minute off. I don't know where these assholes get the idea that farmers are rich. If any of them want to try it, most farms are looking for help. The hours are long and the pay is not too good, but at the end of the day, you feel like you have accomplished something. With the average farmer being somewhere between 65 and eighty, this could work into a chance to inherit some land. If you are man enough, and aren't afraid of hard work, go for it. Just don't try to tell the farmer that he's rich. Even though his net worth looks really good, all his money is tied up in land and equipment.

The death tax makes it very hard to keep the farm in the family. It's just a gift to large corporate farms. That who ends up with all the land after it is repossessed.
 Quoting: Epic Beard Guy


sounds like the farm is going away when debt collectors come calling )


if farmers were collectively not such a bunch of douhes they would figure out workarounds for this. however i will refrain from giving them any ideas ) to stupid to hold onto your shit , then you don't deserve it
any business dependent on credit to run deserves to fail
 Quoting: Anonymous Coward 957572


You are an asshole, and I hope that you reap what you sow.
Anonymous Coward
User ID: 26085824
United States
11/18/2012 03:09 PM
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Re: Ranchers, farmers brace for 'death tax' impact
ya know, most of the farmers around here wouldnt let you so much as step foot on their property without shooting you. Thats how greedy these people are. Greedy rich people who think they are entitled to their fathers wealth.
 Quoting: NewsUpdater


Oh, so you're entitled to it then? Some unknown piece of shit, with no relation at all to these farmers, sitting on his computer in his mommy's basement?

Go fuck yourself.
 Quoting: Anonymous Coward 24760791



for your information, sir bastard, I never said i was entitled to it, I simply said they wouldnt even let you step foot on the property without shooting you. If they had a pond for instance they most likely wouldnt even let you fish in it, or wildflowers growing along their property, they wouldnt let you pick one for your wife. Greedy bastards. and Im actually in my Living room on my computer in my house, so....

Go Fuck yourself buddy

ahole
 Quoting: NewsUpdater

This is the age we live in, folks, with dimwits like the one above, who because he was not allowed on someone's property, thinks the government should take it and dispense the $ to all the democrap voters.
Shithead
User ID: 28016506
Canada
11/18/2012 03:12 PM
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Re: Ranchers, farmers brace for 'death tax' impact
22,000 Acre ranch? And I'm supposed to feel sorry for him that he has to pay taxes like everybody else?

Another rich guy whining for a tax break.
 Quoting: Factual Error


Let's assume that you inherited 22,000 acres tomorrow. Could you afford to pay taxes on it? I doubt anyone on glp could.
Storm Bird
Top Hat

User ID: 10235814
United States
11/18/2012 03:18 PM

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Re: Ranchers, farmers brace for 'death tax' impact
One more tick-tock toward communism and the end of the current paradigm.
Anonymous Coward
User ID: 1493398
United States
11/18/2012 03:20 PM
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Re: Ranchers, farmers brace for 'death tax' impact
The Death Tax is a communist idea! Realize the money taxed in a death tax has already been taxed many times.
Why can't you extend your well being to your heirs?
 Quoting: PatrikC325


Yes, and the democrats are godless homosexual marxist commies like their diety 0bama. You can't be a democrat and a Christian at the same time as they are juxtaposed
Anonymous Coward
User ID: 25664589
United States
11/18/2012 03:31 PM
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Re: Ranchers, farmers brace for 'death tax' impact
The good thing is Democrats won't always be a majority in the Senate or in the White House. Things can change again. There will be some ways around the tax. Maybe incorporate and then if you're a corporation you won't be taxed as much right?
If anyone has ideas on how to get around this, please post them.
TX Secessionist
User ID: 1273265
United States
11/18/2012 03:34 PM
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Re: Ranchers, farmers brace for 'death tax' impact
poor farmers.

Farmers who dont grow anything, but just deal with cattle making themselves a killing while the average person struggles to buy beef in the store.

Farmers who sit on their land their whole life and never have to get out and get a real job in the real world while their property is used for nothing when they could be growing crops and hiring hundreds of people to harvest those crops by hand.

Poor Farmers who act as if they are more entitled or better than everyone else just because they own huge chunks of land.

Pity of the Farmers.skull_fing
 Quoting: NewsUpdater


You are a socialist, green peace retard. You stupid M***fer! I hope you and yours starve to death when all these smoke and mirrors disappear one day....better yet how bout I just come and take your shit from you then. Friggin bolshevik freak.
Anonymous Coward
User ID: 23461697
United States
11/18/2012 03:43 PM
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Re: Ranchers, farmers brace for 'death tax' impact
poor farmers.

Farmers who dont grow anything, but just deal with cattle making themselves a killing while the average person struggles to buy beef in the store.

Farmers who sit on their land their whole life and never have to get out and get a real job in the real world while their property is used for nothing when they could be growing crops and hiring hundreds of people to harvest those crops by hand.

Poor Farmers who act as if they are more entitled or better than everyone else just because they own huge chunks of land.

Pity of the Farmers.skull_fing
 Quoting: NewsUpdater


Go fuck yourself. Next time you walk into a grocery store why don't you just turn your sorry ass around and find some food that a farmer didn't produce.
Anonymous Coward
User ID: 26997426
United States
11/18/2012 03:46 PM
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Re: Ranchers, farmers brace for 'death tax' impact
The estate tax is the biggest box of bullshit going.
NightWisp

User ID: 25023241
United States
11/18/2012 03:49 PM

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Re: Ranchers, farmers brace for 'death tax' impact
So. Ranchers need to sell the land to the children.For very little.
Wisconsin

User ID: 26997708
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11/18/2012 03:57 PM
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Re: Ranchers, farmers brace for 'death tax' impact
.
... begin the transfer! as soon as possible! ...
.
Amos 5:13
timelines and Celebrations of Yeshua - [link to www.grafted-promise.net]
422

User ID: 1371185
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11/18/2012 04:09 PM
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Re: Ranchers, farmers brace for 'death tax' impact
poor farmers.

Farmers who dont grow anything, but just deal with cattle making themselves a killing while the average person struggles to buy beef in the store.

Farmers who sit on their land their whole life and never have to get out and get a real job in the real world while their property is used for nothing when they could be growing crops and hiring hundreds of people to harvest those crops by hand.

Poor Farmers who act as if they are more entitled or better than everyone else just because they own huge chunks of land.

Pity of the Farmers.skull_fing
 Quoting: NewsUpdater


FUCK YOU

seriously

our family has farmed for generations
we don't have 50,000 acres
we have 1200 acres
and when the death tax hits we automatically have to sell HALF of it to pay the tax
because the property is valuable
yet my husband "makes" about $30,000 per year
that's it
we do have a house so no payment there
but we aren't rich
and he has worked his ass off all his life
7 days/week
many years without vacations
when it snows he's out taking care of the cows
while you're at the beach he is picking fruit
or stacking hay in the loft of the barn where it's about 120 degrees

SO YOU CAN HAVE FOOD

without farmers there is no food
do you not get that?

this will not hurt big ag
ever
this will wipe out small farmers
you know, the ones who don't poison everything
who can't "afford" to pump their meat with hormones
or give medications as SOP instead of simply as needed

PEOPLE LIKE YOU DESERVE THE POISON YOU'LL BE FED

because if this death tax is brought back
your only choices will be gmo crap and poisoned meat or growing all of your own food
 Quoting: Anonymous Coward 27809652


Dont waste your time, this place, and other sites are becoming so infested with new age communists that are on the Govt. dole its becoming impossible to escape them without going to Stormfront or other extremist sites.Im cut my visits here down and will not renew a membership,not because of being cheap, but Im getting less and less out of this site. Trinity needs to do a purge, and a serious one, not a blanket IP ban either and kick these Marxist city rats back into hell where they belong.
 Quoting: Anonymous Coward 28011965


Yeah my membership won't be getting renewed either. Just ended today. Like you said this site has been infested. It's not even fun being here anymore with all the stupid shit. Looks like the wrong people are getting banned and more parasites coming in.
“You have rights antecedent to all earthly governments; rights that cannot be repealed or restrained by human laws; rights derived from the Great Legislator of the Universe.” John Adams, Second President of the United States
Alexander (OP)

User ID: 15635858
United States
11/18/2012 06:24 PM

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Re: Ranchers, farmers brace for 'death tax' impact
It's the trasfer of property that is becoming more difficult. According to our attorney only $13,000 a year can be given as a gift and anything over that is taxed. If a trust owns it then the property can remain in the trust. Or so we thought. It turns out at death all the assets are added up by the accountants. This includes any valuables (paintings, cars, furnishings, electronic equipment, jewelry, cash still in the account, any stock, all property, etc.) and reported to the state with the final tally on the final tax return along with a copy of the death certificate. Woop-de-do! What a fricking mess this was just getting all the details and accounting together to do this. And the penalties for late filing (has to be within 9 months) was 15% on top of the 35%.

Personally, I think buying gold coins and distributing them to the kids before death is a whole lot easier as who can track that.
The truth is incontrovertible. Malice may attack it, ignorance may deride it, but in the end, there it is.
Winston Churchill
Anonymous Coward
User ID: 957572
United States
11/18/2012 10:45 PM
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Re: Ranchers, farmers brace for 'death tax' impact
Do you know why most farms are now owned by large corporations? It's because the farms don't make enough money to make land payments and still put food on the table. Mom and Pop farms are going away fast. If the farmers have to pay ridiculous taxes to inherit what they have worked for all their lives, the money comes from the bank. The bank will end up owning the farm. One more farm bites the dust. Farmers are far from rich. Most barely make ends meet in a bad year. A lot of farms depend on loans to survive a bad year. In a good year that same farmer can make enough money to pay everything off, and maybe buy a new truck, or a tractor. Does that make him rich, no it just means he can keep working his ass off for another year. Farmers work hard, and put in 60 to 80 hours a week. At harvest time or when something goes wrong, the hours can go up dramatically. Sometimes they have to eat on the go, and survive on a little nap when they can take a minute off. I don't know where these assholes get the idea that farmers are rich. If any of them want to try it, most farms are looking for help. The hours are long and the pay is not too good, but at the end of the day, you feel like you have accomplished something. With the average farmer being somewhere between 65 and eighty, this could work into a chance to inherit some land. If you are man enough, and aren't afraid of hard work, go for it. Just don't try to tell the farmer that he's rich. Even though his net worth looks really good, all his money is tied up in land and equipment.

The death tax makes it very hard to keep the farm in the family. It's just a gift to large corporate farms. That who ends up with all the land after it is repossessed.
 Quoting: Epic Beard Guy


sounds like the farm is going away when debt collectors come calling )


if farmers were collectively not such a bunch of douhes they would figure out workarounds for this. however i will refrain from giving them any ideas ) to stupid to hold onto your shit , then you don't deserve it
any business dependent on credit to run deserves to fail
 Quoting: Anonymous Coward 957572


You are an asshole, and I hope that you reap what you sow.
 Quoting: Anonymous Coward 28010550


Yup and you are still a stupid cunt , couldn't come up with a few hundred a month tween yourself and idiot pieces of womb vomit . Too keep a 2 million dollar life insurance policy on yourself . This is what happens when your family tree no fork , it causes da bad stupids .

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