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...meager to interest big corporations. The fears that the family farm would be taken over by "agribusiness" have proved unfounded. Corporations with more than ten stockholders account for less than 2% of U.S. farm sales. Even farms large enough to incorporate themselves generally operate as a family affair???emphatically including Pat Benedict's. His farm, like many others, has been incorporated only to save on estate taxes for his heirs...

Author: /time Magazine | Title: The New American Farmer | 11/6/1978 | See Source »

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