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To: 2ndDivisionVet

I heard Mr. Trump talk about helping the family farmers - esp ending EPA regulations that are killing the family farms. And ending the taxes that kill the inheritance of the family farms. I hope he can win over the farmers in Iowa - we need their votes.


16 posted on 08/27/2016 6:19:08 PM PDT by Freedom'sWorthIt
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To: Freedom'sWorthIt

And ending the taxes that kill the inheritance of the family farms. I


One of the biggest lies ever told. Very little inheritance tax is paid. There is special estate valuation for the heirs who want to continue farming.

AND ACTUALLY GETTING RID OF THE INHERITANCE TAX WOULD GENERATIVE MORE TAX REVENUE AS HEIRS WOULD HAVE TO PAY CAPITAL GAINES TAX.

HERE IS INFO, VERY LITTLE FEDERAL ESTATE TAXES ARE PAID.
http://www.cbpp.org/research/ten-facts-you-should-know-about-the-federal-estate-tax

SO WHY DO THE HEIRS SELL THE FARM? THEY WANT THE MONEY AND IT IS TAX FREE money and they don’t want to farm.


33 posted on 08/27/2016 7:13:48 PM PDT by PeterPrinciple (Thinking Caps are no longer being issued but there must be a warehouse full of them somewhere.)
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