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Cattle Boards
NCBA, R-CALF, COOL, USDA (No Politics!)
Estate Taxes
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<blockquote data-quote="J Baxter" data-source="post: 44528" data-attributes="member: 374"><p>jt</p><p></p><p>We do pay enough in taxes. I'm not arguing that point at all. The estate tax was put into place not as a penalty for being too rich or as a revenue generator but as a tool to keep the extremely wealthy from controlling too large a segment of the U.S. economy. If you just allowed the heirs of multibillionaires to continuosly accumulate wealth then it decreases the opportunities for the rest of us. There probably isn't anyone even on this board that estate taxes will effect.</p><p></p><p>Can you give me one good reason that a child named Gates should have that much of a head start on a child named 'jones'. It is one thing to give them a few million, but tens of billions.......I don't think that's right. Through them both out there and let each man's merit speak for itself.</p><p></p><p>JB</p></blockquote><p></p>
[QUOTE="J Baxter, post: 44528, member: 374"] jt We do pay enough in taxes. I'm not arguing that point at all. The estate tax was put into place not as a penalty for being too rich or as a revenue generator but as a tool to keep the extremely wealthy from controlling too large a segment of the U.S. economy. If you just allowed the heirs of multibillionaires to continuosly accumulate wealth then it decreases the opportunities for the rest of us. There probably isn't anyone even on this board that estate taxes will effect. Can you give me one good reason that a child named Gates should have that much of a head start on a child named 'jones'. It is one thing to give them a few million, but tens of billions.......I don't think that's right. Through them both out there and let each man's merit speak for itself. JB [/QUOTE]
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NCBA, R-CALF, COOL, USDA (No Politics!)
Estate Taxes
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