Quote:
Originally Posted by GenuineRisk
Thisthisthis.
I shake my head when people grouse about the inheritance tax, which will not affect any but the very wealthy.
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Meet my neighbors, the Pearce's. Because of where their farmland is located it's probably worth in the neighborhood of $30 million, probably another 5 million in structures and equipment. But yea, let's make his heirs pay $10 million in inheritance taxes and be forced to sell off a third of the land for development because Bob and the 5 generations before him worked too hard!
http://www.pearcefarms.com/about.htm