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 - Old Time Threshing - by Anthony West. A lovely harvest evening late September 1947, I was a school boy, like all school boys I loved harvest time. The golden corn ripens well and early, the stoking, stacking,.... the drawing in with the tractors and trailers and a few buck rakes thrown in, and possibly a heavy horse. It would be a great day for the collies and the terrier dogs, rats and mice would be at the bottom of the stacks so the dogs, would have a busy time hunting and killing, all the corn was gathered and ricked in what we c
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