To: Sinner6
"The Minnesota Department of Revenue estimates that barely three dozen farms are subject to the state's version of the estate tax, even though the state threshold is $700,000 $300,000 less than the current federal exemption"
$700,000, let's see, that's probably about 2 or 300 acres, not huge for a farm, it's going to take hard work to get rich with it. And there's 36 of them. Sounds like the state wants to cut 'em down to size, only poor folk allowed in Minnesota. Don't want anyone ammassing any wealth, then they might not be dependent on the Democrats, might not be so easy to control.
14 posted on
09/23/2002 7:01:06 AM PDT by
Sam Cree
To: Sam Cree
"$700,000, let's see, that's probably about 2 or 300 acres, not huge for a farm....Sounds like the state wants to cut 'em down to size, only poor folk allowed in Minnesota."
So called "land reform".... a common tactic of third world dictators pretending to be populists.
18 posted on
09/23/2002 7:15:07 AM PDT by
Dukie
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