Fed Farmers on impact of TOP’s land tax and UBI

Federated Farmers have calculated what would be the net impact of TOP’s land tax and UBI on the average farmer. This is what they found:

• A single dairy farmer would be $16, 215 worse off each year ($312 a week)
  
• A dairy farming couple under 65 would be $3185 better off each year ($61 a week)
  
• A dairy farmer over 65 would be $35,615 worse off each year ($685 a week)
  
• A single sheep and beef farmer would be $28,511 worse off each year ($528 a week)
  
• A sheep and beef farming couple under 65 would be $9111 worse off each year ($175 a week)
  
• A sheep and beef farmer over the age of 65 would be $47,911 worse off each year ($921 a week)

$921 a week in extra tax!!