Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Sun 04/11/2021 View Sat 04/10/2021 View Fri 04/09/2021 View Thu 04/08/2021 View Wed 04/07/2021 View Tue 04/06/2021 View Mon 04/05/2021
1
2021-04-11 -Short Attention Span Theater-
Bill Gates buys big on a farmland shopping spree
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by trailing wife 2021-04-11 02:10|| || Front Page|| [2 views ]  Top

#1 There must be a tax shelter angle at work here. In California at least, there's an "agricultural exemption" for "working farms" ... the Forbes spawn, Hearst, other wealthy families have exploited this for years to shelter their billions from taxes. Put a few cattle on your 10,000 acres, play Marie Antoinette on her little farm, and you've just slashed your taxes to zero.
Posted by Titus Forkbeard6217 2021-04-11 02:18||   2021-04-11 02:18|| Front Page Top

#2 
FRY THIS .0001% er, BILLIONAIRE, 3rd richest in the WORLD! Cut him off from his nutty plans for the World ____ As Bill Gates sees it_____ Investigate him for MENTAL ILLNESS ---- Napoleonic Complex ---- Harm to Others ---- because he is ULTRA-RICH, he thinks he can not be touched by LAW
Posted by Glusosing Wheregum9434 2021-04-11 02:41||   2021-04-11 02:41|| Front Page Top

#3 O beautiful for Oligarchs and myriad schemes for gain
For sham election travesties above the looted plain

America! America! Gates shed his waste on thee:
This joker's pee plus Wokery from sea to poisoned sea!

O beautiful for Grifter-Cheats whose imported underclass
A thoroughfare for serfdom beats across the wilderness!

America! America! God knows it's getting late
Reclaim your soul from Thought Control and this new Nightmare State
Posted by Glusose McCoy3581 2021-04-11 03:46||   2021-04-11 03:46|| Front Page Top

#4 There is nothing more terrifying than control of food. After 24 hours, humans will do anything you tell them to get food.
Posted by Chock Unusock9099 2021-04-11 04:12||   2021-04-11 04:12|| Front Page Top

#5 Land is the only real wealth?
Posted by g(r)omgoru 2021-04-11 06:36||   2021-04-11 06:36|| Front Page Top

#6 ..well, they're not making more of it, except maybe Hawaii and Iceland.
Posted by Procopius2k 2021-04-11 07:34||   2021-04-11 07:34|| Front Page Top

#7 There have been some discussions here and in other places about the rural/urban split. Often asked is "what will the blue cities do when the red rural farm areas cut them off?". This may be the answer to that question.
Posted by Mercutio 2021-04-11 07:49||   2021-04-11 07:49|| Front Page Top

#8 #5 China sees the future as USA being a market for Chinese tech and a source of agricultural products.
Posted by g(r)omgoru 2021-04-11 08:02||   2021-04-11 08:02|| Front Page Top

#9 "Zero taxes"? I doubt it. Land is taxable, and the rates are not set by any of the bigwigs who own it. Ag land does get preferential low rates, but I haven't read those rates are zero. Too bad the article doesn't mention this.
Posted by Bubba Lover of the Faeries8843 2021-04-11 09:29||   2021-04-11 09:29|| Front Page Top

#10 Image result for Bill Gates Arizona land
Bill Gates has announced plans to build a smart city outside of Buckeye in Arizona. Through Mt. Lemmon Holdings, the billionaire spent $80 million to purchase more than 24,000 acres of land with plans to build a smart city, which will include housing, schools, offices and retail. Thus far 5,000+ housing units have been approved.
Posted by b 2021-04-11 09:57||   2021-04-11 09:57|| Front Page Top

#11 Fiefdoms.

USDA to Provide Additional Direct Assistance to Farmers and Ranchers Impacted by the Coronavirus


Farm Loan Programs
Posted by Skidmark 2021-04-11 10:38||   2021-04-11 10:38|| Front Page Top

#12 Right out of Soylent Green...
Posted by M. Murcek 2021-04-11 11:00||   2021-04-11 11:00|| Front Page Top

#13 Gates wants to save the world. I suspect he is trying to automate farming with the goal to use less Human Resources, less water, less damage to land, less fossil fuels... then he will get the GIVERNment to mandate the new approach and put small farmers out of business. See playbook of getting us to electric cars.
Posted by Airandee 2021-04-11 11:19||   2021-04-11 11:19|| Front Page Top

#14 "Zero taxes"? I doubt it.

In Texas people often buy "ranchettes" (5-10 acres) and run a few goats or bees and the taxable value of the land is magically reduced by 98%. A 1/4 acre housing lot in the suburbs is often valued at $30,000. So practically speaking, zero property taxes. Structures are extra.
Posted by Zebulon Jugum1954 2021-04-11 11:38||   2021-04-11 11:38|| Front Page Top

#15 /\ So then it is true, apiculture does take the sting out of taxes. Sweet !
Posted by Besoeker 2021-04-11 12:33||   2021-04-11 12:33|| Front Page Top

#16 Re #1 tax dodges, California has the Williamson Act
Posted by Lampedusa Jinetch5613 2021-04-11 13:16||   2021-04-11 13:16|| Front Page Top

#17 Land, farm land, is a great hedge against a falling dollar/inflation too.
Posted by BrerRabbit 2021-04-11 15:18||   2021-04-11 15:18|| Front Page Top

#18 If they pass a wealth tax, I can see the value of this land magically drop.

Posted by Clem 2021-04-11 16:00||   2021-04-11 16:00|| Front Page Top

#19 United States of Gates is already importing indentured migrant farm labor.
Posted by Skidmark 2021-04-11 16:55||   2021-04-11 16:55|| Front Page Top

23:45 Wherese Smiter of the Texans1200
23:22 Lumpy Guelph4716
23:21 Clem
22:32 Blackbeard Barnsmell6454
22:19 Blackbeard Barnsmell6454
22:10 trailing wife
21:43 Clem
21:41 Clem
21:23 CrazyFool
21:21 These Forkbeard7574
21:19 These Forkbeard7574
21:17 magpie
21:14 NN2N1
21:13 NN2N1
21:07 magpie
20:58 Snomoger Bluetooth1703
20:47 Sonny Sproing8622
20:44 Flitch Bluetooth7331
19:58 Clem
19:54 Raj
19:51 Clem
19:46 Wholuter Thud2664
19:41 Crusomble Darling of the Hemps2401
19:18 Angoth Smiter of the Weak6789









Paypal:
Google
Search WWW Search rantburg.com