Some farm subsidies = Welfare for the rich
Wealthy landowners continue to benefit from farm subsidies
MINNEAPOLIS (AP) -- Wealthy Minnesotans with addresses in some of the Twin Cities' most expensive neighborhoods received millions of dollars in federal farm subsidies in 2005, according to an analysis by the Star Tribune.
Among those taking checks were Whitney Macmillan Jr. of the Cargill family, one of Minnesota's wealthiest; and money manager Noel Rahn, an affluent businessman who helped bring the NHL back to Minnesota.
The federal largesse comes via rules that allow landowners, including some 2,000 in the Twin Cities, to collect subsidies without farming the land themselves. The practice is both legal and increasingly common, as farm ownership has consolidated over the past few decades.
(More here.)
MINNEAPOLIS (AP) -- Wealthy Minnesotans with addresses in some of the Twin Cities' most expensive neighborhoods received millions of dollars in federal farm subsidies in 2005, according to an analysis by the Star Tribune.
Among those taking checks were Whitney Macmillan Jr. of the Cargill family, one of Minnesota's wealthiest; and money manager Noel Rahn, an affluent businessman who helped bring the NHL back to Minnesota.
The federal largesse comes via rules that allow landowners, including some 2,000 in the Twin Cities, to collect subsidies without farming the land themselves. The practice is both legal and increasingly common, as farm ownership has consolidated over the past few decades.
(More here.)
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