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Over $100 billion annually taxpayers subsidize agriculture per year to give farmers price guarantees.

Who are Taxpayers?

A taxpayer is a natural person or legal entity that must pay taxes. The government may provide identity or reference numbers to individuals or businesses as modern taxpayers. One who pays taxes is generally referred to as a "taxpayer". a citizen who was born in the country or abroad with at least one American parent.

A citizen by naturalization If a person satisfies the significant presence criteria or the green card test for the calendar year, they are considered residents of the United States for tax purposes. anyone else who isn't a foreign national.

The "Farm Bill," which is modified every five years, specifies farm subsidies in the United States. In accordance with the most recent Farm Bill, which was signed into law in December 2018, the federal government presently provides farmers with around $25 billion yearly, mainly in the form of price supports and insurance programmes.

Hence, Over $100 billion annually taxpayers subsidize agriculture per year to give farmers price guarantees.

To learn more about Taxpayers refer to:

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