INDIANA FARMER CAMPAIGNING WITH TRUMP TO REPEAL ESTATE TAX CASHED $3.3 M IN FARM SUBSIDY CHECKS

FOR IMMEDIATE RELEASE, September 27, 2017

Contact: Jessicah Pierre, jessicah@ips-dc.org617-401-1470
Chuck Collins, chuck@ips-dc.org617-308-4433
Domenica Ghanem, domenica@ips-dc.org202 787 5205

Kip Tom, the Leesburg, Indiana farmer who will stand today with President Trump calling for repeal of the federal estate tax, has cashed in over $ 3.3 million in farm subsidy checks, including $ 2.6 million between 2004 and 2014, according to the most recent data available.

Research compiled by the Institute for Policy Studies based on publicly available data reveals that Kip Tom of Tom Farms, a large corn and soybean producer, is the ninth-largest farm subsidy recipient in the state of Indiana.

“The definition of hubris is to complain about your taxes but cash millions in checks provided by other taxpayers,” said Chuck Collins, a researcher at the Institute for Policy Studies.  “I’d be embarrassed.”

Tom Farms has changed legal status over the last 20 years, but received subsidies every year. Between 2004 and 2014, Tom Farms Partners received $ 2,612,561 in subsidies, mostly commodity subsidies. Between 1996 and 2006, Tom Farms LLC cashed $ 667,732 in farm subsidy checks. In 1995, Kip Tom took in $ 42,826 in subsidies, but then refunded $ 17,494 for a net subsidy of $ 25,332. Between 1995 and 2014, this amounts to over $ 3,305,625 in government subsidies.

Republicans have often used farmers and ranchers as props to give the impression that a wide swath of hard-working Americans are threatened by what they call the “death tax.”  In reality, only families with over $ 11 million in wealth and individuals with wealth over $ 5.45 million are subject to this tax.  Nationwide, fewer than two out of a thousand estates are subject to the estate tax, which, if left intact, would raise over $ 230 billion in much-needed revenue over the next decade.

“If you want to see who would benefit from estate tax repeal, look no further than President Trump and his cabinet,” said Collins, who co-authored a 2003 book with Bill Gates Sr. in defense of the estate tax, Wealth and Our Commonwealth.  Collins is director of the Program on Inequality at the Institute for Policy Studies, a 52-year old research institute, and co-editor of the website, Inequality.org.

Very few farms are subject to the estate tax and already have different valuations and carve out provisions. Most of the people who pay the estate tax are wealthy and based in urban and coastal areas.

Organizations that represent small farmers, like the National Farmers Union and the Family Farm Coalition, support retention of the estate tax.  They believe concentrations of wealth, farmland and farm subsidies post a threat to competitive agriculture. Over 41 percent of Indiana farmers do not receive any subsidies, according to the USDA.

###

|||||||http://feedproxy.google.com/~r/IPS/latest/~3/SxpA1T1Vzjw/

Seventy years of exploitation: The enduring plight of California’s farm workers – Salon


Salon
Seventy years of exploitation: The enduring plight of California's farm workers
Salon
Yet even when the legislature debated the Agricultural Labor Relations Act in 1975, the nation's first law guaranteeing union rights for farm workers, the votes in favor came from urban Democrats, while rural Republicans maintained a solid front

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNEPVYQPu3ujdGFKv20H39GfBwv_wA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=yoRlV-jIFNGLhQGIpYawAg&url=http://www.salon.com/2016/06/18/the_fight_isnt_over_for_farm_worker_overtime_partner/

Fruit, Vegetable Crops Rot While Trump-Led Immigration Backlash Idles Farm Lobby – AgWeb


AgWeb
Fruit, Vegetable Crops Rot While Trump-Led Immigration Backlash Idles Farm Lobby
AgWeb
An immigration policy focused on closing the border would shift up to 61 percent of U.S. fruit production to other countries due to domestic labor shortages, sending jobs to Mexico and other nearby competitors, according to a 2014 study commissioned by

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNEZaedeVnEAojC7zQycJDk_PgtnmA&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779128521480&ei=M5ZWV4DbNYn_wAHylJ_ACw&url=http://www.agweb.com/article/fruit-vegetable-crops-rot-while-trump-led-immigration-backlash-idles-farm-lobby-blmg/

Fewer agricultural workers migrate now, but why? – Southeast Farm Press


Southeast Farm Press
Fewer agricultural workers migrate now, but why?
Southeast Farm Press
Agricultural labor markets have historically been characterized by both seasonal demand and migrant workers, said Maoyong Fan, an economics professor at Ball State and the study's lead author. The workers — including many from Mexico — have followed …

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNFkNAXgjbwrSL6nbjO61YmbwVJ7OA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=Tl1NV-C5DMuvwQHqw7OoDA&url=http://southeastfarmpress.com/vegetables/fewer-agricultural-workers-migrate-now-why

New York farm workers want the right to a day off – Marketplace.org

New York farm workers want the right to a day off
Marketplace.org
The marchers were trying to right what they see as a historical wrong. The labor laws we take for granted, like days off, were passed back in the 1930s, during the New Deal. As part of the backroom compromising necessary to get them through

and more »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNHxCWMYPFnL2X6d-jfNwERAtxS0-A&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779120979571&ei=Kd5JV9D_LuSywQGJ0K_IBw&url=http://www.marketplace.org/2016/05/27/world/ny-farm-workers-want-right-day

‘Farm Labor Camp’ Proposed for 600 Workers – Santa Barbara Independent


Santa Barbara Independent
'Farm Labor Camp' Proposed for 600 Workers
Santa Barbara Independent
A “farm labor camp” capable of housing up to 600 workers under the federal H2-A program could be built near Santa Maria if the county Planning Commission approves a conditional use permit at its next meeting. The site, also known as the Curletti Farm

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNHRhDNpbyFA55Mtw8es7MqGA0KVuQ&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=YNhJV_jJBKfEwQGfvLeYBQ&url=http://www.independent.com/news/2016/may/23/farm-labor-camp-proposed-600-workers/

Justice for farm workers – The Riverdale Press


PRI
Justice for farm workers
The Riverdale Press
Despite progress in achieving protections for farm labor in California, Florida and other states, New York's farm workers continue to work without the basic labor rights granted to other workers, including overtime pay, collective bargaining, and a
Workers may unionize — but not farmworkers. A lawsuit in New York seeks to change that.PRI

all 2 news articles »

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNEtgxHb55mf3jVDOXLRxbn83UYotg&clid=c3a7d30bb8a4878e06b80cf16b898331&cid=52779108995895&ei=c6NAV5jpBK2lwQGylZrwAQ&url=http://riverdalepress.com/stories/Justice-for-farm-workers,59918

Justice for farm workers – The Riverdale Press

Justice for farm workers
The Riverdale Press
Despite progress in achieving protections for farm labor in California, Florida and other states, New York's farm workers continue to work without the basic labor rights granted to other workers, including overtime pay, collective bargaining, and a

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNGHgpa6p4bohSCcwSEV-gfhd1bfXw&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=Kms3V7DFN6bSwAGTube4Cg&url=http://riverdalepress.com/stories/Justice-for-farmworkers,59918

Why Chipotle Is Getting Hit With Farm Worker Protests – Eater


Eater
Why Chipotle Is Getting Hit With Farm Worker Protests
Eater
Chipotle has carried a torch for sustainable agriculture, organic and non-GMO food policy, and the rights of its own employees in the past. But does a company in the middle of a crisis have time to delve into another, tangentially related issue

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNGtsdHxMvyigaw5yLmlQXf3P0-1NA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=bfskVwCHk4QBgbqEwAc&url=http://www.eater.com/2016/4/14/11422610/chipotle-workers-rights-union

Why Chipotle Is Getting Hit With Farm Worker Protests – Eater


Eater
Why Chipotle Is Getting Hit With Farm Worker Protests
Eater
Chipotle has carried a torch for sustainable agriculture, organic and non-GMO food policy, and the rights of its own employees in the past. But does a company in the middle of a crisis have time to delve into another, tangentially related issue

|||||||http://news.google.com/news/url?sa=t&fd=R&ct2=us&usg=AFQjCNGtsdHxMvyigaw5yLmlQXf3P0-1NA&clid=c3a7d30bb8a4878e06b80cf16b898331&ei=18IbV4DZDML_wAG0waNo&url=http://www.eater.com/2016/4/14/11422610/chipotle-workers-rights-union