How many family farms could generate the cash to pay CAT? I'd say very few could so I stand by my "nearly all".
If CAT is applied at the full rate then within a few decades most farms will be owned by corporations and there will be far fewer family businesses. Is that what we want?
I don't 'want' it, but I don't really care if it happens. I don't see why the tax system should artifically prop them up.