Agriculture

Quick Hit
by Adam Doster
11:25am
Thu Aug 26, 2010

The Wrong Way To Protect Illinois Farmers

Yesterday, Illinois' major statewide candidates discussed agricultural policy at a forum hosted by the Illinois Farm Bureau. U.S. Rep. Mark Kirk, whose website boasts that he "will fight for Illinois farmers and expand opportunities for our state’s agriculture industry," advocated for several policies that could end up hurting small farmers in the long-run.

For starters, Kirk reiterated his support for a budget-busting estate tax repeal, which he said could lower taxes on some family farms. Like the GOP's gubernatorial candidate, Kirk is greatly exaggerating the impact of the estate tax on farmers. The Tax Policy Center found that just .003 percent of all estates both qualify for the tax and have significant small business or farm assets. The average farmer in Illinois won't have to pay more taxes if it's repealed ... except those needed to help pay down the debt the tax cut will cause.

Kirk also criticized the U.S. House climate bill that he helped pass last year, but has since dismissed as too costly. The legislation as written, however, was extremely forgiving to farmers. Not only was agriculture exempt from the cap-and-trade system but farmers were promised subsides to adjust to energy cost increases. On top of that, the bill would have provided a needed boost to wind and solar industries from which farmers could benefit while protecting Illinois crops from the worst effects of climate change.

Quick Hit
by Josh Kalven
9:16am
Wed Aug 18, 2010

Brady Exaggerates Estate Tax's Effect On Illinois Farms

At a press conference yesterday, GOP gubernatorial challenger Bill Brady framed his proposal to repeal the Illinois estate tax as a boon for the state's agricultural economy (watch his comments here):

BRADY: Argiculture is a sustaining part of our economy.  But like the rest of businesses throughout this state, it can't fall to the whims of Gov. Quinn's higher income taxes and fees.  It struggles as well with the double taxation on gasoline and the estate tax penalty that penalizes so many people in Illinois.

Conservatives love to argue that the estate tax is squeezing the life out of small businesses and family farms in this country.  But as the following chart shows (via Wonk Room), only a tiny percentage of the estates eligible for the tax actually fall into these categories:

Learn more about Illinois' most progressive tax here.

PI Original
by Adam Doster
11:12am
Sat Jul 18, 2009

Filling Chicago's Food Deserts

Urban gardening is still a burgeoning movement,
but it's gathering some mainstream attention. Not only is Michelle
Obama cultivating an organic garden on the White House lawn, but the New York Times Magazine last week took the time to profile Will Allen, the founder of the ...

PI Original
by Angela Caputo
4:12pm
Wed Jul 15, 2009

Illinois Cafeteria Workers Head To Capitol Hill (Updated w/video)

Earlier this month, the agriculture appropriations committees in both chambers of Congress agreed to spend
an additional $13 billion this year on nutrition programs. Exactly how
much of that money will go toward incorporating fresh fruits and whole
grains into rotation at ...

PI Original
by Adam Doster
8:58am
Fri May 8, 2009

EPA Slowly Lifts The Veil On Corn-Based Ethanol

The corn-based ethanol industry is having a tough 2009. While output remains up, the Agriculture Department estimated in
February that production growth will slow over the next two years as operating margins tighten and demand sinks. Then in April, the Congressional Budget ...

PI Original
by Adam Doster
1:12pm
Mon Apr 13, 2009

Ethanol's Hidden Costs

Despite its slowing growth, corn-based ethanol is still a massive industry nationwide. Hoping to protect consumers from unstable gasoline prices and wean
drivers off of fossil fuels, the government has provided agri-business
with heavy subsidies to produce corn that ...

PI Original
by Angela Caputo
1:58pm
Wed Apr 8, 2009

More On Halvorson's Budget Maneuvering

Last week we wondered
if Rep. Debbie Halvorson (D-IL) would cave to pressure from the
agribusiness lobby and vote against President Obama's first budget
proposal because it placed a cap on "direct payment" farm subsidies (described by Jonathan Chait as "the ...