The Motley Fool Discussion Boards

Previous Page

Politics & Current Events / Retire Early CampFIRE

URL:  https://boards.fool.com/-both-of-these-great-business-leaders-have-19688195.aspx

Subject:  Re: Repubs vs Dems Date:  10/9/2003  10:50 AM
Author:  cattleman22 Number:  126905 of 882487

{{. Both of these great business leaders have therefore been staunch advocates of liberal tax policies, most especially with regard to estate taxes -- the tax slandered by conservatives as the "death tax" -- understanding that its repeal would unfairly allow them to escape taxation altogether }}

I have a pretty different view of the death tax. Having grown up on a farm,I have seen a number of farms decimated because of death taxes. The land and equipment was worth a lot of money, but their was very little cash. The farms then had to be divided up and sold. Now the only things these old farms grow is houses. The death tax literally means the death of many farms that have been in families for generations. This si not just a publicity stunt, it really happens.


c
Copyright 1996-2019 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us