Source: PROGRESSIVE FARMER, 6/18/21


President Joe Biden and Congress have been actively pushing to tax the rich, but who are the rich? I think about this often and wonder how representatives in Washington, D.C., define the term. In my opinion, there are different classifications of rich. Everyone knows Bill Gates and Jeff Bezos are rich. But, are farmers rich? We all have heard the expression land rich, cash poor. Yes, on paper, many of my clients are rich. However, it's all tied to business assets that add value to the economy...

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