alt Hacker NewsIsn't most ag in the US just big business at this point?
Sure, there are still some small farms.. but there are also rich folk like the Treasury Secretary who maintain farms for status and financial benefits(farms get all sorts of special treatment for taxes, bankruptcy and inheritance).
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throwaway2037 • today at 10:45 AM
> rich folk like the Treasury Secretary who maintain farms for ... financial benefits
> Treasury Secretary Scott Bessent is an investor in North Dakota soybean farmland but has stated he has divested from his holdings to avoid conflicts of interest, addressing criticisms regarding his personal financial stake in agriculture.➕ show 2 replies
>farms get all sorts of special treatment for taxes, bankruptcy and inheritance
When I see the amount of exploits the wealthy use to avoid taxes and maximize profits, I realize working a 9-5 job is for fools, considering how much taxes I'm paying on my salary.