Death Tax And The Death Of The Family Farm

Reading and following links and reading some more, that’s what I do.  Well, I came across this piece from The Economic Collapse Blog about the coming hike in the estate tax and lowered threshold to get screwed by it. This got me thinking about local farms and ranches.  I’m creating a new link category for NC food producers. Here’s a few:

http://www.littlecreekranchnc.com/

http://proffittfarms.com/

Cane Creek Farm is a hog barbecue farm.

Here’s a whole list of Angus breeders.

Here’s eatwild.com list of NC farms

There’s plenty more, just do a google search.

These businesses, along with thousands of other small businesses will be in trouble when the current owner dies. To quote The Economic Collapse Blog, ‘ It is almost as if the federal government does not want income-producing assets to remain in the hands of the “little guy”.’ The family business or farm has been the backbone of our economy since the beginning. Our gov needs to be reminded.

 

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