Ranchers, farmers brace for 'death tax' impact | |
Anonymous Coward User ID: 28013056 United States 11/18/2012 02:37 PM Report Abusive Post Report Copyright Violation | poor farmers. Quoting: NewsUpdater 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. 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 User ID: 1461298 United States 11/18/2012 02:45 PM Report Abusive Post Report Copyright Violation | 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 United States 11/18/2012 02:47 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 28010550 United States 11/18/2012 02:55 PM Report Abusive Post Report Copyright Violation | 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. 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 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 Report Abusive Post Report Copyright Violation | 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 User ID: 24758892 United States 11/18/2012 02:56 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 18366868 United States 11/18/2012 02:59 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25037975 United States 11/18/2012 03:00 PM Report Abusive Post Report Copyright Violation | poor farmers. Quoting: NewsUpdater 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. 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 Report Abusive Post Report Copyright Violation | 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. Quoting: Epic Beard Guy 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. 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 User ID: 28010550 United States 11/18/2012 03:06 PM Report Abusive Post Report Copyright Violation | poor farmers. Quoting: NewsUpdater 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. 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 Report Abusive Post Report Copyright Violation | 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. 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 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. 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 Report Abusive Post Report Copyright Violation | 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. Quoting: Epic Beard Guy 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. 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 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 Report Abusive Post Report Copyright Violation | 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. 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 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 Report Abusive Post Report Copyright Violation | |
Storm Bird Top Hat User ID: 10235814 United States 11/18/2012 03:18 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 1493398 United States 11/18/2012 03:20 PM Report Abusive Post Report Copyright Violation | The Death Tax is a communist idea! Realize the money taxed in a death tax has already been taxed many times. Quoting: PatrikC325 Why can't you extend your well being to your heirs? 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 Report Abusive Post Report Copyright Violation | 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 Report Abusive Post Report Copyright Violation | poor farmers. Quoting: NewsUpdater 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. 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 Report Abusive Post Report Copyright Violation | poor farmers. Quoting: NewsUpdater 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. 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 Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 25023241 United States 11/18/2012 03:49 PM Report Abusive Post Report Copyright Violation | |
Anonymous Coward User ID: 26997708 United States 11/18/2012 03:57 PM Report Abusive Post Report Copyright Violation | |
422 User ID: 1371185 United States 11/18/2012 04:09 PM Report Abusive Post Report Copyright Violation | poor farmers. Quoting: NewsUpdater 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. 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 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. 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 Report Abusive Post Report Copyright Violation | 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 Daily Updates Thread: ASS IS IN THE WRINGER - Rolling Updates from 11/16/20 to present (Page 316) |
Anonymous Coward User ID: 957572 United States 11/18/2012 10:45 PM Report Abusive Post Report Copyright Violation | 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. Quoting: Epic Beard Guy 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. 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 You are an asshole, and I hope that you reap what you sow. 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 . |