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WC MN | You do not get to keep every dollar you make in this country, especially if you are making that kind of cash. You have to pay taxes so if you need $2 million to purchase land you needed to make more than that before taxes to keep $2 million. Life for farmers would be much easier if taxes did not exist. If you have zero working capital and have to use the "free and clear" land as collateral to borrow operating funds do you really own the ground free and clear? Bank probably don't think so if you default.
Edit for spelling
Edited by IALTO 8/26/2013 19:43
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Land Prices???
