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To: Red Badger
What is a "farm transfer tax"? This looks the same as Biden's increase in the death/inheritance tax applied to everyone.

Although I hate the idea of the death tax, I don't see why it should be different for a farm than any other business or a diversified stock portfolio built up over a lifetime of savings. The last is easier to value and divide than the farm or business, but ease of theft doesn't excuse the theft.

14 posted on 08/20/2021 6:05:05 AM PDT by KarlInOhio ("Anti-fascist" is from the official name of the Berlin Wall: Anti-fascist Protection Barrier.)
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To: KarlInOhio
ease of theft doesn't excuse the theft.

Yup--the DC world of "exclusions" and "exemptions" is just extortion.
33 posted on 08/20/2021 6:40:13 AM PDT by cgbg (A kleptocracy--if they can keep it. Think of it as the Cantillon Effect in action.)
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To: KarlInOhio

My family has owned/operate farms in this county since 1889. Some of the land has been held by family members for over 130 years. There is zero debt on it.

My father died at 95 in March. My brother and I inherited his holdings. The current value was a tiny fraction of the current Federal Income Tax threshold. But none of it will be sold.

If this is put in place. It will end 1/2 or more of the family farms in a 20 years span of time.

That is what the Globalist B-tards want.

It is called Confiscation. It is a Communist concept.

Remember? CCP Xi is the O’Biden’s master?

Get it yet?


46 posted on 08/20/2021 8:27:07 AM PDT by Texas Fossil ((Texas is not where you were born, but a Free State of Heart, Mind & Attitude!))
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