02-09-2014, 04:36 AM
Richard,
Just a couple questions. How many different methods exist in the farming industry today? What are their averaged individual yield costs per acre? I only ask because you probably know where such resource information can be found.
IMO... because I see such tax incentives often abused by large luxury home owners. So farmers that actually produce a crop of X yield per X acre should be afforded a 0 dollar property tax on the production land if they submit a proof of yield yearly... no tax bailout on the home. This keeps the person with the 20 acre estate home who grows only 1 token acre of x - no free ride on the rest of the property beyond the one acre of x. The property tax reduction is all to often abused as is, simply having a token cow gives a tax reduction as it is now (the proverbial "cash cow").
Just a couple questions. How many different methods exist in the farming industry today? What are their averaged individual yield costs per acre? I only ask because you probably know where such resource information can be found.
IMO... because I see such tax incentives often abused by large luxury home owners. So farmers that actually produce a crop of X yield per X acre should be afforded a 0 dollar property tax on the production land if they submit a proof of yield yearly... no tax bailout on the home. This keeps the person with the 20 acre estate home who grows only 1 token acre of x - no free ride on the rest of the property beyond the one acre of x. The property tax reduction is all to often abused as is, simply having a token cow gives a tax reduction as it is now (the proverbial "cash cow").