RE:RE:RE:Sorry, Reddeer....call me still unconvinced...""It sounds like you think farmers are real hard done by"" Hey PACKER__How About THIS All TOO Frequent SCENARIO for Farmer JOE
After WEEKS of Long Hours of WORK__His CROP is Coming Along VERY NICE
Looking to BE a BUMPER CROP on the Way__Having CHARGED on His ACCOUNT
ALL the FUEL, FERTIZER, CHEMICALS @ His Local SMALL BUSINESSES
So Farmer JOE Sells His Crop INTO the Futures Market to LOCK IN a VERY NICE
Potential PROFIT For the YEAR
Time to HARVEST__So Farmer JOE Gets ALL his EQUIPMENT InTo TOP SHAPE
Planning to START Early the NEXT DAY.
BUT Out of NOWHERE a VIOLENT HAIL STORM Roars Thru the Area__TOTALLY
Flattening EVERY Farmer's Crops__Making for a TOTAL LOSS
NOW Farmer JOE is in a REAL BIND__STILL Owing the $$$$ to ALL the Local SMALL
Businesses__AND Now HAS to COVER His FUTURES Commitment to DELIVER on
TIME
SURE Farmer JOE Will GET SOME Nominal ASSISTANCE From Various Farm SUPPORTS
But NO WHERE Near WHAT He HAS JUST LOST.
What a STRESS FULL MESS eh__And THIS Can Happen BACK to BACK Years
With TOO MUCH Stress People CAN OFTEN End Up Making VERY BAD Decisions
or Doing TERRIBLE Things
packerdriver wrote: Seppelt wrote: Great math. But here are a few questions. How many hours does a farmer work in a day, week or a year. What would be his average hourly wage?
Is he getting paid sick days, at least 20 days a year or more, often demanded by public sector unions.
How many statutory holidays a year he is entitled to so that he can have a rest while enjoying a check in the mail.
Is he getting paid vacations so that he can take vacations south to Florida or Europe. No problem, all you need is a few good dogs to feed and watch for your farm animals.
And finally, upon retirement and selling his farm, will he be receiving a generous government or union pension? Will he be having RRSP and other accounts full with cash?
But here is the trick - Sell your farm in January. Pathetic, but thanks for a good advice anyway.
It sounds like you think farmers are real hard done by and should pay a lower capital gains tax than everybody else....real hard done by.....https://agriculture.canada.ca/en/programs