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To: sarasota
And when they die, these farms are sold so fast you get whiplash.

I maintain if the DEAT TAX were abolished once and for all, this sale would not occur.
The IRS and others come in on an estate, and declare an obscene value for the property. Then the IRS wants 50% of that value. The heirs are almost always forced to sell the farm to pay the death taxes.
58 posted on 12/24/2003 10:50:56 AM PST by ridesthemiles (ridesthemiles)
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To: ridesthemiles
I maintain if the DEAT TAX were abolished

I meant DEATH TAX sorry for not proofing
65 posted on 12/24/2003 11:15:56 AM PST by ridesthemiles (ridesthemiles)
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