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In reply to the discussion: Trump Eyes '$10 Billion Bailout' For Farmers Hurt By Tariffs [View all]JT45242
(3,649 posts)So, the rest of us are paying higher taxes in tariffs so that we can welfare money to large corporate farms and shills like Chuck Grassley.
According to the interwebs
"Although farms smaller than 250 acres are the most numerous for soybean production, they account for less than 18% of the total 2022 crop."
The trick that Rethugs love to play with is that technically many megafarms are "family farms" in that they are owned by a family and not a bunch of stockholders. We'll use old Chuck Grassley as an example -- his "family farm" (which swallowed up a lot of smaller farms around the original farm has approximately 750 acres.
His farm had received at least $370L in subsides by 2017. It got another $40K in PPP forgiveness. And more undisclosed money during and after Covid.
I'm certain Chuckles and other rethug congress critters will be at the front of the line for handouts.
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