Post #2259401
2024-01-10 06:32 UTC
@jonathankoren@sfba.social @ct_bergstrom@fediscience.org what is a tax cut ranch and how does it work
Replies (3)
-
@polentabianca@mastodonapp.uk 2024-01-10 07:25
@schlojj@openbiblio.social @jonathankoren@sfba.social @ct_bergstrom@fediscience.org it's the key ingredient of tax cut ranch sauce
-
@jonathankoren@sfba.social 2024-01-10 07:55
@schlojj@openbiblio.social @ct_bergstrom@fediscience.org property taxes are reduced for agricultural use. It’s very common for the ultrawealthy to just buy a token amount of livestock and then call their palatial estates “ranches” or “farms” and get a big tax cut. At no point are they viable agribusinesses.
-
@ATLeagle@mastodon.online 2024-01-10 12:50
@schlojj@openbiblio.social @jonathankoren@sfba.social @ct_bergstrom@fediscience.org his residence is now a farm, not a home. All the acreage isn't hoarding, it's grazing land. Also, his income is $1, so many things need to be redesigned around these issues