Originally published at http://www.commondreams.org/views/2019/11/07/hiking-estate-tax-will-help-close-wealth-gap
Just Do It!
notice the very low number of actual estate tax receipts.
Not even worth discussing.
The family farm is incorporated. The parents have the preferred stock and the children have the common shares. When parents die, preferred shares are cancelled. = no inheritance taxes paid nor owed.
34 billion a year is worth discussing.
How many grounded F22’s or F35’s can we make air worthy? Heck, F35 in Italy are maintained by contracts. That will keep our sophisticated investment secure (sarcasm).
It sure will not be forwarded to any civilian use.
That, I guarantee!!
Please read the article again. Any family paying the inheritance tax (1,900) certainly are dumber than bricks. or generously sharing.