21 Jun 07
Originally posted by lepomisThe US has laws against Wind Fall Profits. If everyone is starving and you have an apple orchard, you can't charge $100 for an apple. This is a market driven economy. There are many farmers competing with eachother which will help to keep the prices fair. The bio-fuel producers are going to pay as little as possible for the grain, Which will cause compition with the farmers. But it will take years to sort this all out. Bio-fules are a dumb solution anyway. Food prices will, for sure, rise anyway you look at it. And what about Global warming. Hope it doesn't cause drought in the grain producing states. If farmers are taxed on their higher profits the will simply go back to farming food.
Should farmers be taxed more on their wind fall profits due to the increased prices they will get for their corn, wheat , soybeans etc... Similar to how people wanted big oil to pay more on their profits?
21 Jun 07
Originally posted by smw6869the price of all goods grown by farmers will go up due to this ethanol trend. If we start turning our food into fuel there will be less food. Less food will increase the price for it. Farmers will make alot of money, just like the oil companies did when the market drove up the price of oil.
The US has laws against Wind Fall Profits. If everyone is starving and you have an apple orchard, you can't charge $100 for an apple. This is a market driven economy. There are many farmers competing with eachother which will help to keep the prices fair. The bio-fuel producers are going to pay as little as possible for the grain, Which will cause compition ...[text shortened]... states. If farmers are taxed on their higher profits the will simply go back to farming food.
22 Jun 07
Originally posted by lepomisNothing wrong with making alot of money. This bio-fuel is what America wants. The problem is when the Fed gov't gets into it (already has) and subsidizes the fuel producers which allows them to pay higher $ for the grain. It's not their money! That's when the system goes bad. I suggest planting a garden!
the price of all goods grown by farmers will go up due to this ethanol trend. If we start turning our food into fuel there will be less food. Less food will increase the price for it. Farmers will make alot of money, just like the oil companies did when the market drove up the price of oil.
22 Jun 07
Originally posted by smw6869The feds subsidize both the farmer and the fuel producers... we are taxed like crazy to save a few cents per gallon at the pump.
Nothing wrong with making alot of money. This bio-fuel is what America wants. The problem is when the Fed gov't gets into it (already has) and subsidizes the fuel producers which allows them to pay higher $ for the grain. It's not their money! That's when the system goes bad. I suggest planting a garden!
22 Jun 07
Originally posted by lepomisWhat would happen if ALL Americans would stop buying gas from just One supplier, say Texaco. Not just for one day, but over a long period of time. They would have to lower their prices to get customers back. When the price hits an all time low we start buying again. They will be getting all the money. When their price gets too high again, we do the same thing to another gasoline Co. But we must learn to conserve on our fuel consumbtion. Maybe an economist would have a better idea. I'm assuming, of course, that the oil Co's are screwing us now!
The feds subsidize both the farmer and the fuel producers... we are taxed like crazy to save a few cents per gallon at the pump.
22 Jun 07
Originally posted by smw6869why would they have to lower their prices?
What would happen if ALL Americans would stop buying gas from just One supplier, say Texaco. Not just for one day, but over a long period of time. They would have to lower their prices to get customers back. When the price hits an all time low we start buying again. They will be getting all the money. When their price gets too high again, we do the same thin ...[text shortened]... mist would have a better idea. I'm assuming, of course, that the oil Co's are screwing us now!
22 Jun 07
Originally posted by lepomisThe day a common farmer, not a mega corporation masquerading as a farmer, makes a "wind fall" profit, you be sure to let me know will ya'?😉
Should farmers be taxed more on their wind fall profits due to the increased prices they will get for their corn, wheat , soybeans etc... Similar to how people wanted big oil to pay more on their profits?
22 Jun 07
Originally posted by ChaswrayI guess it would depend. Is the windfall profit tax used to control prices or to punish. If it would be used to control prices then you would have to look at all of the farmers together as an industry... if you just use it to punish, then you can pick and choose who to use it on.
The day a common farmer, not a mega corporation masquerading as a farmer, makes a "wind fall" profit, you be sure to let me know will ya'?😉
Does it make a difference who makes too much money on a product? Why would it be different for a company or a solo businessman?
22 Jun 07
Originally posted by lepomisBecause a small farmer will not make the profit that the mega corporations will. It's pretty much a moot point anyway because the day of the small, family farm is almost gone. The banks and corporations like Con Agra ran them out in the late 60's and 70's
I guess it would depend. Is the windfall profit tax used to control prices or to punish. If it would be used to control prices then you would have to look at all of the farmers together as an industry... if you just use it to punish, then you can pick and choose who to use it on.
Does it make a difference who makes too much money on a product? Why would it be different for a company or a solo businessman?
22 Jun 07
Originally posted by Chaswray? I talk to small family farmers everyday... well not Saturdays or Sundays.
Because a small farmer will not make the profit that the mega corporations will. It's pretty much a moot point anyway because the day of the small, family farm is almost gone. The banks and corporations like Con Agra ran them out in the late 60's and 70's
True... one farmer will not net the same amount as a multifarm corp., but why does that matter? They are still making more net per unit than they should.
23 Jun 07
Originally posted by lepomisJust curious, when you talk to these small family farmers, are their farms mortgaged to the hilt by the "company store" and are they required to sell their product to a "company store". Or are they free to sell to anyone and are they working land that has been handed done and/or "reasonably" mortgaged?
? I talk to small family farmers everyday... well not Saturdays or Sundays.
True... one farmer will not net the same amount as a multifarm corp., but why does that matter? They are still making more net per unit than they should.WhenN
In this rural area that I live, back in the 50's and 60's there was a farm on every corner of a crossroad so to speak, just about everyone farmed. Today, except for the Amish, I can travel miles and see farmland laying fallow, barns falling down etc, etc.
I have no problem with a "true" farmer making a wind fall profit, I think it's damn time they made some money, but if it's the corporations, tax the hell out of them.
23 Jun 07
Originally posted by ChaswrayIf you windfall tax the corporate farms, it gives them an incentive to lower prices.
Just curious, when you talk to these small family farmers, are their farms mortgaged to the hilt by the "company store" and are they required to sell their product to a "company store". Or are they free to sell to anyone and are they working land that has been handed done and/or "reasonably" mortgaged?
In this rural area that I live, back in the 50's and ...[text shortened]... n time they made some money, but if it's the corporations, tax the hell out of them.
What's that gonna do to the little guy?
23 Jun 07
Originally posted by ChaswrayWhere I am, there are (this is my estimate) 2 farms per square mile. All of our county roads are crossed at 1 mile sections, so it is easy to estimate. Your area sounds different in respect to the number of small farmers.
Just curious, when you talk to these small family farmers, are their farms mortgaged to the hilt by the "company store" and are they required to sell their product to a "company store". Or are they free to sell to anyone and are they working land that has been handed done and/or "reasonably" mortgaged?
In this rural area that I live, back in the 50's and ...[text shortened]... n time they made some money, but if it's the corporations, tax the hell out of them.
Anyway, it also sounds as if we differ in others areas as well. I dont think that anyone should be taxed just because they make money, whether they are a large company or not.
I was just curious if people would tax farmers for making money on our fuel problem just like they wanted to tax oil companies for making money on our fuel problem.
23 Jun 07
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I guess I misread your post then, I though the gist of your message was that they should be taxed, I don't really think you should be taxed for making money either. My only point was that the farmer has suffered far too long and should be allowed to make a decent living.
I was raised on a dairy farm, in the mid 60's milk sold for 80 to 90 cents a gallon around here. The dairies paid us .03 cents a gallon. I just don't think it will be the farmer who profits from ethanol!