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Gregory Weaver on how a land conservation program delivered a windfall to mega-farms
Manage episode 470035119 series 2618235
In a two-part Fresnoland investigation, journalist Gregory Weaver exposed the false promise of California's Williamson Act, a tax break created in 1965 to protect agricultural lands from suburban sprawl. The program, tax records showed, now primarily benefits 120 mega-farms that collect roughly half of its $5 billion tax shelter, benefiting Wall Street investors and foreign pension funds. Weaver's reporting details how the system ultimately harms small farmers and depletes precious public resources.
280 episodes
Manage episode 470035119 series 2618235
In a two-part Fresnoland investigation, journalist Gregory Weaver exposed the false promise of California's Williamson Act, a tax break created in 1965 to protect agricultural lands from suburban sprawl. The program, tax records showed, now primarily benefits 120 mega-farms that collect roughly half of its $5 billion tax shelter, benefiting Wall Street investors and foreign pension funds. Weaver's reporting details how the system ultimately harms small farmers and depletes precious public resources.
280 episodes
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