Stepped-Up Basis
I am 43 years old, and returned to college, starting over. My family has run a small farm in Ohio since the Great Depression. I borrowed a ton of money from the family to get educated. My dad will leave me a part of the farm when he goes, and I fear that I will lose it all to Stepped-Up Basis taxation. I either keep the farm alive and use profits to pay college debt, or sell it and lose whatever my inheritance would have been? How does this stick it to Bezos?
Local Resiliency
Loved your breaking points today, Saagar. The fragile, globalized food supply chain accompanied by the climate disaster literally keeps me up at night. I decided to go back to college during the pandemic and am majoring in sustainable agriculture to strengthen my own personal food resiliency as well as my community's. I now work for a non-profit that runs the farmer's markets in my city, also, and have gotten to meet the great people doing the work to build local food resiliency. Do you think that it would be beneficial for America to somewhat "revert" back to an industrial economy, where we actually produce goods (like food!) in our own country and furthermore in our own communities? Do you have options to get local food and products where you live and would you like to see more of that?