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Proposed "death tax" may kill the family farm?
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<blockquote data-quote="Jogeephus" data-source="post: 968260" data-attributes="member: 4362"><p>Most definitely. Of course it will only be at whatever the death tax rate is. In Georgia it will soon be 61%. (55 to fed and 6 to state) Or you can give it to your children within five years of your death and they can siimply pay the gift tax which just so happens to be the same as the death tax but at least you got around the death tax. </p><p></p><p>Of course you could always give everything to a hospital or a state college and they will name a wing after you and everyone will think you are a great philanthropist and they can then pay 6% of the value of the gift to the person of your choosing for the rest of this person's life. This is a good option assuming the person of your choosing lives long enough to cash in the full extent of the gift.</p><p></p><p>Of course you could always convert to one of those religions where polygamy is allowed and marry your son's fiancee and then she can marry your son after you die. Of course with equal rights I don't see why she couldn't be married to both of you at the same time of course I'm not Mormon or Muslum so I don't know how that works. Of course this does give great food for thought as to why the government is so against polygamy but so pro same sex marriage.</p></blockquote><p></p>
[QUOTE="Jogeephus, post: 968260, member: 4362"] Most definitely. Of course it will only be at whatever the death tax rate is. In Georgia it will soon be 61%. (55 to fed and 6 to state) Or you can give it to your children within five years of your death and they can siimply pay the gift tax which just so happens to be the same as the death tax but at least you got around the death tax. Of course you could always give everything to a hospital or a state college and they will name a wing after you and everyone will think you are a great philanthropist and they can then pay 6% of the value of the gift to the person of your choosing for the rest of this person's life. This is a good option assuming the person of your choosing lives long enough to cash in the full extent of the gift. Of course you could always convert to one of those religions where polygamy is allowed and marry your son's fiancee and then she can marry your son after you die. Of course with equal rights I don't see why she couldn't be married to both of you at the same time of course I'm not Mormon or Muslum so I don't know how that works. Of course this does give great food for thought as to why the government is so against polygamy but so pro same sex marriage. [/QUOTE]
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Proposed "death tax" may kill the family farm?
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