Saturday, April 18, 2015

The Death Tax is the Unkindest Cut of All

The Death (estate) tax is the unkindest cut of all.   It hits people like farmers the hardest, who happen to hold substantial amounts land.    It doesn't take much land to be hit with a huge tax. The inadvertent effect, in just this one case, is that family farms are sold to large corporate farmers so that estates can pay the extortion.  That's why there's hardly any family farms left.

Family businesses are ruined in the same way. Parents, if they are diligent, lucky and work their asses off, create a small business that they would like to bequeath to the next generation in their family. The estate tax causes families to sell out to pay the tax.

And for what?

Those tax dollars are pissed away on useless and wasteful programs or spent on unworthy people. Great country we live in, huh?

And who are the only advocates for eliminating Estate Taxes?  Republicans.

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