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If you have a problem with a double Dutch sandwich, then lobby for fixing that, but don't hose a hard working farmer and his family by nailing them with a 40% e
by viggity 13y ago
If you have a problem with a double Dutch sandwich, then lobby for fixing that, but don't hose a hard working farmer and his family by nailing them with a 40% estate tax. There are a lot of millionaires who have paid taxes on every penny they've made.
- swalkergibson 13y agoI have a problem with all of these tax loopholes. The tax code already has a rule in it about estate tax, which means that estate tax should be collected. To not close this loophole is unfair, that is what I am saying. Finally, how many hardworking farmers do you know that would just straight-up hand their kids something for nothing? If we are going to work with stereotypes like that, I would be willing to bet that the farmer would be happy to sell his successful farm to his kids for fair market value so they could work as hard as he did to make a living for their families.
- mikeyouse 13y agobut don't hose a hard working farmer and his family by nailing them with a 40% estate tax. Cute, but the estate tax has exemptions for both farms and family-owned businesses. The Tax Policy Center found 20 (!) farms in the country that would have to pay any sort of estate tax, and the average tax paid by those 20 (out of several thousand farms) would be under 5%.[1] - See Myth 5 - http://www.cbpp.org/cms/?fa=view&id=2655 http://www.cbpp.org/cms/?fa=view&id=2655