Msg. 47099 of 65535 (This msg. is a reply to
47096 by
clo)
Jump:
The irony is that more farm families may loose their farms as a result of Trump's tariffs than would have been lost if the Republicans had not gutted the federal Estate Tax, which was often sited as the primary reason for getting rid of the so-called 'death tax', that is, to save family farms.
- - - - - The above is a reply to the following message:
At least 84 farms filed for bankruptcy from June 2017 to June 2018 in Wisconsin, Minnesota, Montana, and North and South Dakota,
By: clo in
FFFT3 Tue, 27 Nov 18 12:11 PM
Farm bankruptcies on the rise according to new Fed report
BY OWEN DAUGHERTY - 11/26/18 01:10 PM EST
Farm bankruptcies are on the rise in the Upper Midwest, according to a new report from the Federal Reserve, doubling from their recent lows in 2014.
At least 84 farms filed for bankruptcy from June 2017 to June 2018 in Wisconsin, Minnesota, Montana, and North and South Dakota, according to analysis from the Federal Reserve Bank of Minneapolis.
The report released earlier this month shows that over the same time period in 2014, 32 farms filed for bankruptcy.
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