Saturday, July 28, 2007

Is the 2007 Farm Bill a cushion for the wealthy?

That is the question asked by Kevin Diaz of the Minneapolis Star Tribune. It cuts back the limit of GROSS income a farmer can make from upwards of $2 million to just $1 million. It seems President Bush is pushing to make that only $200,000. Remember that is GROSS income. Farmers have big expenses, so they may only end up with less than 10 percent of their gross income, as real personal income.

You can find the article here . You may have to register to read the article.

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