Wealthy ranchers profit from public lands. Taxpayers pick up the tab.

Image for article Wealthy ranchers profit from public lands. Taxpayers pick up the tab.
News Source : Salon

News Summary

  • Stan Kroenke, worth an estimated $20 billion, grazes his cattle on public lands for less than 15% of the fees he would pay on private land.
  • The public lands grazing program was formalized in the 1930s to contain the rampant overgrazing that contributed to the Dust Bowl.
  • It has grown to serve operations including billionaire hobby ranchers, mining companies, utilities and large corporate outfits.
  • President Donald Trump’s administration plans to make the program even more generous.
Stan Kroenke doesnt need federal help to make a business flourish. He is worth an estimated $20 billion, a fortune that has allowed him to become one of Americas largest property owners and afforded [+23533 chars]

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