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["Lynn Wigglesworth" <lynnw1366 AT hotmail.com>]

The problem I have with his story is that if his great grandparents had 
5000+ acres and sheep, they had a commercial sheep farm. If the income from 
the sheep couldn't even pay the property tax, it wasn't a very good business 
plan. They could have sold/let go of 4950 acres and still had a decent 
homestead, and considerably lower property tax.

Lynn Wigglesworth

----- Original Message ----- 
From: "bobf" <bobford79 AT yahoo.com>
To: <homestead AT lists.ibiblio.org>
Sent: Wednesday, January 14, 2009 10:05 AM
Subject: [Homestead] Inflation, self-sufficiency, proprty & other taxes


> This is from James Wesley Rawles on his site today.  It plays into some of 
> the recent conversations on this list.  Rawles is a definite 
> "survivalist", but he is also a homesteader and a farmer.  Some of his 
> apocalyptic concerns are way 'out there' for me, but he is a very bright , 
> accomplished man, and in general, is sensible and reasonable....
>
> --------------------------------------------------------------------
>
>
> " Inflation, Taxes, and Self-Sufficiency
>
> I recently received an e-mail from T.F. in Utah, who quipped: "They tell 
> us that inflation is now non-existent. Well, how many years of deflation 
> will it take to get prices back to where they once were? It is noteworthy 
> that the average annual property tax on a house on a city lot now exceeds 
> the entire land purchase price and construction cost of a comparable 
> square footage house, in 1890." Inflation is indeed insidious. And its has 
> implications that are far-reaching. For example, consider the following:
>
> Creeping tax increases one of the reasons that it is now nearly impossible 
> for someone to "live off the land" on small acreage. Even if you own your 
> house and land free and clear, property taxes are inescapable. Thus, in 
> "self-sufficient" mode, although you can feed yourself, you still need a 
> cash-earning job, just to pay the taxes. I pray that at the far end of the 
> coming depression, our debt money system--which is the root of 
> inflation--will be replaced by a system of sound currency that is 
> redeemable in specie. That is the only sure, long term solution to 
> creeping inflation, and corresponding creeping taxation.
>
> I've mentioned this tale of woe before: Back in the 1930s, my great 
> grandparents lost a considerable portion of their 5,000+ acre sheep ranch 
> in northern California to back taxes. At the beginning of the Great 
> Depression they were land rich but cash poor. But by the end of the 
> Depression, that had neither much money or land. (By 1942, the county had 
> taken most of the ranch for back taxes.) Although the chances of a 
> long-lasting deflationary depression are fairly small (since I think 
> Helicopter Ben will try to inflate his way out of this mess), it is 
> prudent to do your best to maintain a cash income to supplement "the fat 
> of the land", from your self-sufficient retreat. See the SurvivalBlog 
> Archives for some suggestions on building up home-based businesses."
>
>
>
>
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