Posted by IOWA NORTHEAST on January 31, 2011 at 09:50:46 from (206.72.18.89):
In Reply to: OT- Commodity wages? posted by kswillie on January 31, 2011 at 09:41:29:
There are several that pay with Payment in kind for the IRS. If it is a hog operation, the numbers must include charging for hog confinment, water, feed, vets, depreciation of the building, manure removal, transporting the hogs, and every other thing you can think of. It certianly is alot of numbers to crunch, but for the large operations, the wages are kept low for tax benifits.
This information is second hand, so probably not perfect in the description.
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Today's Featured Article - Grain Threshing in the Early 40's - by Jerry D. Coleman. How many of you can sit there and say that you have plowed with a mule? Well I would say not many, but maybe a few. This story is about the day my Grandfather Brown (true name) decided along with my parents to purchase a new Ford tractor. It wasn't really new except to us. The year was about 1967 and my father found a good used Ford 601 tractor to use on the farm instead of "Bob", our old mule. Now my grandfather had had this mule since the mid 40's and he was getting some age on him. S
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