see the problem with land going from 300/ac to $30,000/ac is that the farmer is still trying to scratch out a living on the same land, but his property taxes are going up each year driving him out of business.
Then since you only see that 180/ac as a cash deal if they were to sell it, the nearly entirety of the procedes would be a capital gain and again get taxed by the gov't like crazy. So what is this family supposed to do after selling, take their money and move to the city and do what stare at a TV?
Putting generations of work into a piece of land, just to sell it is not the american dream and I can assure you that I will have the last farm in Spencer Co. KY! When all that beautiful land around me is gone, I'll just be an island of farm land inside all those cookie cutter developments, they'll have to pry my deed from my cold dead hands
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Today's Featured Article - Usin Your Implements: Bucket Loader - by Curtis Von Fange. Introduction: Dad was raised during the depression years of the thirties. As a kid he worked part time on a farm in Kansas doing many of the manual chores. Some of the more successful farmers of that day had a new time saving device called a tractor. It increased the farm productivity and, in general, made life easier because more work could be done with this 'mechanical beast'. My dad dreamed that some day he would have his own tractor with every implement he could get. When he rea
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