>>> How many family farms do you think land above the current exemption of $5M+?
>
>Probably more than we think...
>
>Acquiring those great swathes of farmland for highways all those years ago, was remarkably smart when you consider what it would cost today...

Guess it depends how the valuation is done. Seems like there could be some kind of a system where commitment to continue farming the land for x years forward gets it valued as farmland, rather than developable land.

Tamar