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Government subsidies on cattle
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<blockquote data-quote="Jogeephus" data-source="post: 996877" data-attributes="member: 4362"><p>The way I understand it, the tobacco allotment began as a way to stablize supply to keep farmers from growing too much tobacco and flooding the market. It was illegal for anyone to grow tobacco without some poundage. These allotments were GIVEN to the farmers based on their historic production. In time as farmers aged or tired of growing tobacco other farmers bought their allotments so they could grow more and make more money. The government was reaping a huge some of money on tobacco taxes each year and they were happy. Small rural towns prospered. Then public opinion shifted and the crop that helped build this country became a dirty word so the government decided it was time for the mean old tobacco companies to pay for their sins so they came up with this penalty. Hundreds of small tobacco manufacturers and their employees were put out of business and the government collected the penalty from the mean old companies that were owned by individual stockholders like you and I. The government then paid the farmer for taking away what they had GIVEN them in the first place. But only just a little. The rest of the money went toward funding grants to cities and towns. Why none of this money went toward paying those who were denied their right to grow tobacco or to those who lost money on tobacco stocks is somewhat puzzling but for the few companies that were left standing this was a very small price to pay for a government approved monopoly.</p><p></p><p>Oh, and Kenny, it only costs $3 for them to give out a $1 the last time I checked.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 996877, member: 4362"] The way I understand it, the tobacco allotment began as a way to stablize supply to keep farmers from growing too much tobacco and flooding the market. It was illegal for anyone to grow tobacco without some poundage. These allotments were GIVEN to the farmers based on their historic production. In time as farmers aged or tired of growing tobacco other farmers bought their allotments so they could grow more and make more money. The government was reaping a huge some of money on tobacco taxes each year and they were happy. Small rural towns prospered. Then public opinion shifted and the crop that helped build this country became a dirty word so the government decided it was time for the mean old tobacco companies to pay for their sins so they came up with this penalty. Hundreds of small tobacco manufacturers and their employees were put out of business and the government collected the penalty from the mean old companies that were owned by individual stockholders like you and I. The government then paid the farmer for taking away what they had GIVEN them in the first place. But only just a little. The rest of the money went toward funding grants to cities and towns. Why none of this money went toward paying those who were denied their right to grow tobacco or to those who lost money on tobacco stocks is somewhat puzzling but for the few companies that were left standing this was a very small price to pay for a government approved monopoly. Oh, and Kenny, it only costs $3 for them to give out a $1 the last time I checked. [/QUOTE]
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