The irony is him doing this (supposedly) because of the price of ground beef. The beef industry is fairly decentralized compared to say, chicken. One of the big issues in the Midwest right now is corporate farms buying up all the land. When the grandpa dies, his kids are forced to sell the property in order to pay the death tax. The only people with cash on hand willing to buy the property before the IRS grabs the lube are the Tysons and Butterballs of the world.
Meat producers are decentralized, meat processing is not. Big Ag controls all meat processing, and dictates price to meat producers.
Biden is accidentally on to something by going after "big meat", but he, as usual, gets the target specificity wrong.
If you have a meat packing place local to you, that is where you should get your meat from, not the grocery store. Local farmer to local butcher sidesteps all the big ag control over prices.
Physically remove all IRS agents would be the preferred method; realistically though, not taxing people because they died would solve this particular issue. For corporate farms in general: the government enabled them in becoming monopolies; the government can go after them directly and "break them up," or they can strip away the regulatory measures that insulate these corporations from the free market while removing entrance barriers that prevent free market competition.
Neither of these will happen, because the advantage to centralized monopolies is that the government is better able to influence the market this way
The irony is him doing this (supposedly) because of the price of ground beef. The beef industry is fairly decentralized compared to say, chicken. One of the big issues in the Midwest right now is corporate farms buying up all the land. When the grandpa dies, his kids are forced to sell the property in order to pay the death tax. The only people with cash on hand willing to buy the property before the IRS grabs the lube are the Tysons and Butterballs of the world.
Meat producers are decentralized, meat processing is not. Big Ag controls all meat processing, and dictates price to meat producers.
Biden is accidentally on to something by going after "big meat", but he, as usual, gets the target specificity wrong.
If you have a meat packing place local to you, that is where you should get your meat from, not the grocery store. Local farmer to local butcher sidesteps all the big ag control over prices.
What are the best ways to fix that excise of small farms to the big co's of the world?
Physically remove all IRS agents would be the preferred method; realistically though, not taxing people because they died would solve this particular issue. For corporate farms in general: the government enabled them in becoming monopolies; the government can go after them directly and "break them up," or they can strip away the regulatory measures that insulate these corporations from the free market while removing entrance barriers that prevent free market competition.
Neither of these will happen, because the advantage to centralized monopolies is that the government is better able to influence the market this way