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Never forget that the tax folks don't care whether or not a rancher makes a profit.
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You're right. I don't. I also don't partake in any of the animals/"products from" mentioned.
Why would someone be self-employed, not make a profit, and then justify the existence of the business to others?
As for the predator hunting part, if it's done for population control and legally, I'm all for it. But to justify killing a predator (that is born to kill another animal to live, ie cougar, wolf, coyote, foxes, etc.) just to save a domesticated/farm animal, doesn't sound right to me. If one can't protect their "business" (due to environment, costs, labor, etc.), one shouldn't be in that business.
I'm not trying to take shots at anyone, just doesn't make sense to me.