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

To: freeper12
inheritance tax (which only affects people with mult-million dollar estates)

You are so wrong about that. The inheritance tax is most cruel to family farmers or other family businesses like small shops and restaurants. It could be that the value of the land or business is over a million, but the heirs have no way of raising that amount to pay taxes.

Small business has always been the life-blood of our economy (about 85% work for small businesses) and this tax is draining that.

35 posted on 12/30/2002 5:59:15 PM PST by speekinout
[ Post Reply | Private Reply | To 8 | View Replies ]


To: speekinout
inheritance tax (which only affects people with mult-million dollar estates)

And if through my hard work and effort, I manage to accumulate that amount of money AFTER paying taxes my whole life, whats WRONG with my passing that inheritance on to my children?
36 posted on 12/31/2002 7:09:21 AM PST by Kozak
[ Post Reply | Private Reply | To 35 | 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