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For many people property taxes serve this function. Billionaires can afford the taxes without using the land to produce though. My family owns some ranch and f
by macinjosh 4y ago
For many people property taxes serve this function. Billionaires can afford the taxes without using the land to produce though.
My family owns some ranch and farmland that we farmed for 150 years. My retired father still has to grow hay and lease grazing land to just make the property tax requirement.