Quote:
Originally Posted by KSig RC
My first step would be to lower the earnings cap - I believe it's currently set at $1.5 million, which seems insane, but I'd guess you have a much better idea than myself and can correct me if I'm missing some key piece of this.
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From what I'm reading in the new farm bill, the caps have been lowered to $500,000 for non-farm income and $750,000 for farm income.
source. But I don't know if there are other factors that come into play with those figures.
Crop insurance is going to be a *huge* issue after this summer. Again, from what I'm reading in the new farm bill, there seems to be an improvement in this area as well from previous bills. I will admit I'm not familiar with the specifics of the previous bills. I'm just now starting to educate myself in these areas as the husband and I would eventually like to take over our respective family farms if possible.