Trump's Tax Bill Expands Farm Subsidies. Not All Farmers Will Benefit.

[dalton99a]

https://www.nytimes.com/2025/07/30/us/trump-tax-policy-bill-farmers.html

Trump’s Tax Bill Expands Farm Subsidies. Not All Farmers Will Benefit.
A $60 billion boost to farm subsidies will be a lifeline to some. But the way the funding will be distributed could worsen disparities between farms in an industry already struggling with consolidation.
By Linda Qiu
July 30, 2025 Updated 9:07 a.m. ET

In the high plains of western Texas, 600 or so farms in Gaines County are projected to receive an additional $258 million in government payments over the next decade under President Trump’s marquee domestic policy law — the largest increase in the country.

By contrast, along the coast of California, 1,000 farms in Monterey County will collectively receive just $390,000 in additional payments, according to one analysis.

The difference comes down to what the farms grow, and illustrates the stark disparity in who stands to benefit from the president’s sweeping tax and domestic policy bill. Under the new law, more than $60 billion in additional funding will be funneled toward agricultural subsidy programs, with large farms, particularly those in the South, poised to reap the most benefits.

“The monies are not flowing to small- and medium-sized family farms,” said Vincent H. Smith, an agricultural economist at the American Enterprise Institute, a conservative think tank in Washington. “They’re flowing overwhelmingly to the largest producers.”

Payments to the largest and wealthiest will only increase under the new law, experts said. Other provisions in the law raise the annual maximum amount paid to farmers, lifting a previous income cap of $900,000 and removing a requirement for recipients to be “actively engaged in farming.”

These changes will “send millions of dollars to absentee owners living in the middle of America’s biggest cities,” Ken Cook, the president of the Environmental Working Group, said in a news conference last month.

...

[questionseverything]

1. So now corporate farm owners will get millions in taxpayer dollars

To not feed the American people