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Proposed "death tax" may kill the family farm?
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<blockquote data-quote="cow pollinater" data-source="post: 967680" data-attributes="member: 14661"><p>Part of their rational is that the family member who built the inheritance did all of the work and so the children have no real investment into the property and should therefore be taxed on their new wealth... Raise your hand if you never had to work for your parents for free... </p><p>I've carried my work ethics into my adult life so I don't have to have an inheritance to make me wealthy but I D!@# sure have enough unpaid labor hanging out there(and I'm still doing quite a bit of it at 34 and it's turning into more as he ages) that I can say that my father's property should belong to me when he's gone. We hated each others guts for about ten years and I still worked for him for free.</p></blockquote><p></p>
[QUOTE="cow pollinater, post: 967680, member: 14661"] Part of their rational is that the family member who built the inheritance did all of the work and so the children have no real investment into the property and should therefore be taxed on their new wealth... Raise your hand if you never had to work for your parents for free... I've carried my work ethics into my adult life so I don't have to have an inheritance to make me wealthy but I D!@# sure have enough unpaid labor hanging out there(and I'm still doing quite a bit of it at 34 and it's turning into more as he ages) that I can say that my father's property should belong to me when he's gone. We hated each others guts for about ten years and I still worked for him for free. [/QUOTE]
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Proposed "death tax" may kill the family farm?
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