Are the Fall of Super duper Operations hurting the average Joe!

[highwayman]

Saskfarmer, if I recollect, did you not say in some of your posts eariler this spring that your family were dropping a significant number of rented acres that you deemed as marginal.

[SASKFARMER3]

Grass it's called helping your neighbour not pray with them on Sunday snd prey over them all week!
These two companies weren't resl farmers! That's my point!
Oh one more thing grass maybe move a little further east to Winnipeg you'll fit in better Their!

[SASKFARMER3]

Yes and two young guys were able to increase their fatm size!

[sumdumguy]

Grass, maybe you need to buy a little different "grass" maybe "herb". It'll help you to chill out. Everyone comes across differently when texting, etc. There is something lost when people communicate in print. SF3 is honest and straight forward. I understand him and appreciate his and everyone's perspective. He just does what I can only hope to do and never will because of all this darn grey hair.

[sumdumguy]

Grass, you will probably hate me too when I buy my villa in Greece for a dime on a dollar.

[samhill]

I've always maintained that corporations are evil. Now of course most every large farm is incorporated.
For fiscal management which means lower taxation and avoiding capital gains primarily.

I do believe that capital gains taxation is wrong, but a corporation has the rights of an individual but no heart.
Guess that's why I'm small.
But the very large commercial non farm corps are basically the nobility of our era, the privileged class.

[wakopa]

im incorporated and only farmed 850 acres,if i didnt i would pay huge taxes.but then my taxes are spend effecient right.

[Hopalong]

Incorporation has become old hat for many.
Now see things like family trusts, holding companies, company partnerships and more.
Most have aim to defer or reduce taxes.
Some fall for inept or incompetent accountants.
Should they get a break from Revenue Canada or AgriStability because of this?

[samhill]

Well, every one wants services the country provides but no one wants to pay for it. So, tax laws, to reduce taxes, created and implemented by accountants and lawyers, create wealth for the same accountants and lawyers. Business will obviously spend $100K to save $150K. But average Joe is taxed to death, so his wife gets a job, he gets a 2nd job, they pay daycare out the ying yang, which may be non reported and pay exorbitant amounts for a house b/c its the only chance to get ahead. So the end of the middle class. B/c if family income isn't over $120K then you're slipping. Think $120K is a lot. OK, investment bankers make $2 billion a year.
Warren Buffet admits Joe Average pays more tax a year than he does. Back to the feudal system.
Pensioners especially get ripped.

[furrowtickler]

I think it's all washing itself out now and has been going on for a while S/F.
Just keep what you are doing, others like you say, come and go.
The fall of some of these circus clowns only strengthen's the family farms and average Joes left out their IMO.
This flies in the face of 95% of the experts and line company wizards that claim we all "have" too farm with these big corps to survive - well , we don't, and a lot of guys are proving that wrong, and will continue to do so for a long time.

[bucket]

You mean the marketing reps might start calling me because they have cleaned the big guys out or are trying to blend their shit off?

[bgmb]

sam hill people with farmily farm corps are still paying lots and lots of taxes. they have to take money out as wages, rent or dividends to live on and they are taxed on that. There is no tax avoidance with a corp just tax deferral.