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And Bill Gates bought a bunch of farmland. See here for the full details of his purchases: https://editions.mydigitalpublication.com/publication/?m=61105&i=6889
by ____a 5y ago
And Bill Gates bought a bunch of farmland.
See here for the full details of his purchases: https://editions.mydigitalpublication.com/publication/?m=61105&i=688913&p=56 https://editions.mydigitalpublication.com/publication/?m=611...
- rwmj 5y agoDon't know about the US, but in the UK ownership of farmland is used as an inheritance tax dodge. Because of land rich but money poor farmers as a voting constituency, farmland is not counted for inheritance tax. The predictable result of this is people like Dyson owning most of the farmland in Lincolnshire (https://whoownsengland.org/2017/09/19/why-is-james-dyson-hoovering-up-land/ https://whoownsengland.org/2017/09/19/why-is-james-dyson-hoo...)