America’s forgotten towns: Can they be saved or should people just leave?

[SuburbanFarmer]

I’m not against repealing inheritance tax. But this is all moot anyway until the subsidies end.

[nmoore63]

The Rich hardly pay inheritance tax.

It’s only those that doesn’t have lawyers and tax advisors on retainer who pay inheritance tax.

And as was pointed out, is regularly, in Washington at least, because some urban zone encroaches on farm land.

[SuburbanFarmer]

The Rich hardly pay inheritance tax.

It’s only those that doesn’t have lawyers and tax advisors on retainer who pay inheritance tax.
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This.

If I’m holding a $5m farm, you can be sure I’ve got it in a holding Corp or some shit.

[C-Mag]

Hate the Death Tax................ Fucking Government all ready taxed that money, then they think the State should get a piece of something you pass on to your family...................... It's oppressive.

[SuburbanFarmer]

Hate the Death Tax................ Fucking Government all ready taxed that money, then they think the State should get a piece of something you pass on to your family...................... It's oppressive.

I agree on principle.

But again, if you’re holding over $5m in assets, and you don’t have it in a trust or holding Corp, you’re a fucking idiot anyway.

[C-Mag]

Hate the Death Tax................ Fucking Government all ready taxed that money, then they think the State should get a piece of something you pass on to your family...................... It's oppressive.

I agree on principle.

But again, if you’re holding over $5m in assets, and you don’t have it in a trust or holding Corp, you’re a fucking idiot anyway.

Why's it matter. $5 Million is the magic number when government gets to increase it's punishment on you ?

[Martin Hash]

Hate the Death Tax................ Fucking Government all ready taxed that money, then they think the State should get a piece of something you pass on to your family...................... It's oppressive.

I agree on principle.

But again, if you’re holding over $5m in assets, and you don’t have it in a trust or holding Corp, you’re a fucking idiot anyway.

A Trust didn't protect from Inheritance Taxes, but go ahead, you're the expert.

p.s. This forum is starting to piss me off.

[ssu]

Hate the Death Tax................ Fucking Government all ready taxed that money, then they think the State should get a piece of something you pass on to your family...................... It's oppressive.

Inheritance tax is true socialism. One of the cornerstones of modern socialism when you think about it.

After all, how bad would it be if rich people could give their wealth to their offspring?

[Martin Hash]

Hate the Death Tax................ Fucking Government all ready taxed that money, then they think the State should get a piece of something you pass on to your family...................... It's oppressive.

Inheritance tax is true socialism. One of the cornerstones of modern socialism when you think about it.

After all, how bad would it be if rich people could give their wealth to their offspring?

You mean like an aristocracy? R U a Royalist too?

[ssu]

You mean like an aristocracy? R U a Royalist too?

Socialists will eagerly play "the aristocracy" card: that without inheritance tax you will see the rich come richer and the poor poorer. But when you think of it, it's true socialism: you should not be able to transfer wealth to your children (or whoever you want to give it to).

(Actually the aristocracy isn't so wealthy anymore except in Saudi Arabia. Royal families are different, but you average run-of-the-mill baron is likely to be middle class. Basically they lost their position after the 19th Century.)