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Started By
Message
re: CNN: Beef prices are the new egg prices. They’re soaring
Posted on 7/22/25 at 9:00 am to LegendInMyMind
Posted on 7/22/25 at 9:00 am to LegendInMyMind
quote:
quote:
only a certified tard would believe anything quoted by CNN.
You understand the data they're quoting comes directly from the fricking administration, right? And you can find the same shite reported by dozens of outlets......but......
"Derrrrr......muh CNN!"
Found the Tarrd
quote:
LegendInMyMind
Posted on 7/22/25 at 9:15 am to GREENHEAD22
quote:
Who gives a shite if it is paid off, they still have to pay taxes on it again. All the equity does is allow them to get a loan to pay the tax.
I was told somewhere between 12-15 mil would be owed. I don’t understand taxes beyond using TurboTax. The guy made ton of money owning land and water to sell in the middle of a prominent oilfield. And once he collected a large amount, he’d turn around and buy more land. Eventually hunting places and such. Maybe that’s smart, maybe that’s not, as he didn’t really hang on to money for long.
So upon passing, the estate was valued at a point that millions in taxes are owed, but there’s not the cash on hand so land has to be sold. Just seemed fricked up to me that after you’ve paid taxes on the income that allowed you to buy the land and assets, your descendants also have to pay taxes upon your death.
This post was edited on 7/22/25 at 9:17 am
Posted on 7/22/25 at 9:19 am to ragincajun03
quote:
I was told somewhere between 12-15 mil would be owed.
So this guy owned somewhere is the neighborhood of $50 million dollars of land. And that’s if he didn’t have a spouse that could take the exemption as well.
quote:
there’s not the cash on hand so land has to be sold.
No it doesn’t
And if you are sitting on tens of millions of dollars of assets and do no estate planning, I don’t really feel sorry for you. You’re a retard.
But this is all made up anyway so it really doesn’t matter
Posted on 7/22/25 at 9:21 am to Mingo Was His NameO
quote:
But this is all made up anyway
Suit yourself.
Posted on 7/22/25 at 9:25 am to ragincajun03
Well then tell them to call me if they haven’t done anything yet, I can save them millions in like half a day
Posted on 7/22/25 at 9:43 am to Mr Sausage
quote:What damned fool paid this? Cowbaws shitting high cotton.
we sold 2 calves last week. 750 lber sold at $3.14/lb for $2,355. The 800 lber sold at $2.82/lb for $2,256. These prices are nuts.
Posted on 7/22/25 at 10:34 am to ragincajun03
quote:
The guy made ton of money owning land and water to sell in the middle of a prominent oilfield
Broussard Farm?
Posted on 7/22/25 at 10:36 am to ragincajun03
quote:
Now, beef prices are hitting records, rising almost 9% since January,
Thanks Trump!
Posted on 7/22/25 at 11:03 am to Clyde Tipton
quote:
In other words, we might break even this year.
That ain’t breaking even, because you’ll still have the bull.
Posted on 7/22/25 at 11:05 am to imjustafatkid
I don't hear Republicans whining in the grocery store like they did when Biden was president
Posted on 7/22/25 at 11:07 am to BatonProv
quote:hypocrites.
I don't hear Republicans whining in the grocery store like they did when Biden was president
But that's both sides.
Posted on 7/22/25 at 11:08 am to BatonProv
quote:
I don't hear Republicans whining in the grocery store like they did when Biden was president
Prices shot up from 202-2023ish and have leveled out relatively well in the last couple of years. It makes total sense that people wouldn’t be complaining as much. But go on with your dumbass self
Posted on 7/22/25 at 11:11 am to BatonProv
quote:
I don't hear Republicans whining in the grocery store like they did when Biden was president
Did trump just have millions of cattle slaughtered and thrown away?
Posted on 7/22/25 at 11:48 am to White Bear
quote:
What damned fool paid this?
Buyers for feedlots. One heifer calf and one bull calf so it’s not like someone was buying as replacements.
Posted on 7/22/25 at 1:29 pm to ragincajun03
quote:
WNBA player strike looming
Wait… there’s a WOMEN’S pro basketball league????
Huh… who woulda known…. Must not be very popular. At ALL.
Posted on 7/22/25 at 1:48 pm to BatonProv
quote:
I don't hear Republicans whining in the grocery store like they did when Biden was president
My grocery store bill isn't increasing.
Posted on 7/22/25 at 1:53 pm to ragincajun03
Why didn’t egg prices escalate in Canada during the avian flu breakout that hit us and Canada?
Posted on 7/22/25 at 1:55 pm to ragincajun03
quote:
Not only that, but the Estate Taxes eat up these family farms and ranches as well. Landowner I've worked with for years passed away not to long ago. He didn't owe hardly any notes, and he wasn't necessarily cash rich, but he had a TON of farmland and ranchland. That's what he'd do with his money.
The estate now owes in the tens of millions in Estate Taxes to Uncle Sam because of how the land is valued as an estate asset, and since no one in the family has that kind of cash laying around, they're going to have to sell some of the farms and ranches.
You work for the Dutton family?
Posted on 7/22/25 at 2:59 pm to LsuNav
quote:
Ribeyes are around $30 per pound in NorCal. This is up from $19 per pound before COVID.
everyone in cali deserves what they get. Ribeyes select are $9 a pound this week in Louisiana.
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