Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Tanniker Smith
A family shouldn't have to sell his business to pay the taxes on their business.

Didn't that happen in recent years when the owner of an NFL football team died and his family had to sell the team off in or to pay the taxes?

20 posted on 07/14/2010 1:20:06 PM PDT by Hot Tabasco (Peanut butter was just peanut butter until I found Free Republic.........)
[ Post Reply | Private Reply | To 10 | View Replies ]


To: Hot Tabasco
Don't know, but I wouldn't be surprised. If the estate tax was at, say, 50%, how else could you possibly afford it.

Hell, that was the whole reason for the big Jackie O auction (parodied in "Seinfeld").

28 posted on 07/14/2010 3:04:38 PM PDT by Tanniker Smith (Obi-Wan Palin: Strike her down and she shall become more powerful than you could possibly imagine.)
[ Post Reply | Private Reply | To 20 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson