Ted Turner to give land to nonprofit but keep paying taxes

But he’ll continue to pay taxes on the land, much to the relief of local officials and Nebraska leaders, the Omaha World-Herald“I believe that local property taxes provide essential support for services on which our ranches and communities depend,” Turner, 82, said in a news release last week announcing the new institute. “The Institute will continue to pay its share of taxes to support the local communities.

The prospect of such a large amount of land removed from tax rolls “would be painful,” said state Sen. Tom Brewer, of Gordon. The news release from Turner Enterprises Inc. and Turner Ranches announced the launch of the Turner Institute of Ecoagriculture, which expects to work in conjunction with South Dakota State University to conduct research and develop strategies to conserve ecosystems while raising bison and generating income off grazing lands.

Turner’s bison ranches already focus on sustainable practices, including rotational grazing. There also has been a focus on studying and preserving endangered species, as well as wildlife habitat projects. Turner is the founder of 24-hour news cable network CNN. He announced in 2018 that he was suffering from Lewy body dementia. The disease causes Alzheimer’s-like symptoms along with movement and other problems.

400 to 600 acres I would need to shelter or house them people with no homes

PamUnplugged God, I wish Ted still owned CNN.

PamUnplugged You mean a super wealthy person who doesn’t was yo be a space cowboy? Interesting. He wants to do something to help this planets future?! Maybe he will set an example for others?

Hell Why pay taxes? …. It seems to be now openly acceptable for Americans to think they should NOT pay their share! Now I see why trump was defunding the IRS too! Divert and deflect what trump does best!

He’s still alive? 😳 He was old back in the 80s.

Ted's a good guy.

Kirubi could not do this.

barntiques859 SmokePaintLove

He could donate it to me shoot that would be awesome

Who knows more about bison than …?

Imagine he were taxed normally instead

We have a lot of open land here in NE.

Y does a billionaire need 80,000 acre ranch and 4 others

Great 👍

He’s still alive?

Wait, Ted Turner is still alive?

Ted is thinking of the coming meeting with Saint Peter...The sun is slowly setting on the horizon and none of it will follow you to the pit. 👀👀😇

This still isn’t worthy of national admiration…

Bencjacobs This guy was so American he wanted what every American boy wants, to own a piece of land that uninterrupted stretched from Canada to Mexico. So magnanimous of him to break a few pieces off for the future of humanity.

last minute charity

AS LONG AS IT'S NOT TO BILL GATES.... WATCH OUT!

Turner deserves a gold medal for creating TCM, so this is just icing on the cake.

nice

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