15 December, 2007

Farmocracy


"[Acting Agriculture Secretary Chuck Conner] said...Congress should deny farm subsidies to people with more than $200,000 a year in adjusted gross income."

Wow, $200k. That shouldn't be too controversial.

"The Senate would block subsidies to people with more than $750,000 a year in adjusted gross income from the 2010 crop year unless at least 67 percent of their income is from farming. The House would bar payments to anyone with an AGI above $1 million and a $500,000 AGI limit for part-time farmers."

Oh.

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