Between 2004 and 2014, Tom Farms Partners received $2,612,561 in subsidies, mostly commodity subsidies. Between 1996 and 2006, Tom Farms LLC cashed $667,732 in farm subsidy checks. In 1995, Kip Tom took in $42,826, but then refunded $17,494 for a net of $25,332. Between 1995 and 2014, this equals over $3,305,625 in government subsidies,
Over 41 of Indiana farmers do not receive any subsidies, according to the USDA.
The federal estate tax is a levy on the intergenerational transfer of immense wealth. The tax only applies to households with more than $11 million in assets. In Indiana, where President Trump kicked off his anti-estate tax campaign, fewer than one in 1,000 estates are subject to the estate tax, a grand total of only 70 people according to the Center on Budget and Policy Priorities.
Republicans have been using farmers and ranchers for decades to justify estate tax repeal. I have written extensively about the history of using farmers as the face of estate tax repeal, instead of the billionaires and multi-millionaires who actually pay the tax, going back to 2000.
From the Environmental Working Group Farm Subsidy Database: