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They Are Going To Make It Nearly Impossible To Pass On A Farm Or A Business To Your Children
TEC ^ | 11-21-2012 | Michael Snyder

Posted on 11/21/2012 9:39:04 AM PST by blam

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Joe McCarthy was 100% correct. He was proven correct by the FBI's Venona Project .

The COMMIES now control every department of the US government, labor, entertainment and all types of the media.

WAD!

1 posted on 11/21/2012 9:39:13 AM PST by blam
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To: blam

The GOP needs to scream long and loud about how the Dems want to screw the farmer and rancher.


2 posted on 11/21/2012 9:41:47 AM PST by taxcontrol
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To: blam

THAT IS THE GOAL!
They hate it when an honest person accumulates some money or property and passes it down to his family.
They want it!
They found a way. The illegal “estate tax.”

We live in a socialist country. Already. Now.


3 posted on 11/21/2012 9:45:00 AM PST by I want the USA back
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To: blam

I can’t imagine what they think gives them the right or authority to tax estates AT ALL!


4 posted on 11/21/2012 9:45:14 AM PST by Still Thinking (Freedom is NOT a loophole!)
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To: blam

Gee, will Johnny Cougar record a song about this?


5 posted on 11/21/2012 9:47:00 AM PST by dfwgator
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To: taxcontrol

“The GOP needs to scream long and loud about how the Dems want to screw the farmer and rancher.”

Well, 1/2 of the GOP is all signed up for this.

The other half? Hmmmm, if you scream in a media vacuum, does anyone hear?


6 posted on 11/21/2012 9:49:13 AM PST by brownsfan (It's over.)
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To: blam

The only ones who will be able to accumulate some money are the liberal elite. They wrote the laws and know how to get around them or just ignore them.


7 posted on 11/21/2012 9:49:16 AM PST by I want the USA back (Communism changed its name to "Democrat Party")
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To: blam

ah yes. the warren buffet tax. makes it easy for him to buy up family businesses.


8 posted on 11/21/2012 9:50:38 AM PST by dadfly
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To: blam
They'll have to start turning the properties over to their children a little bit every year (over a number of years). If they keep the value of the inheritance given to the children low each year, by the time the owners die, the property will be almost already owned by the kids. Most of it will already be theirs.
9 posted on 11/21/2012 9:51:31 AM PST by concerned about politics ("Get thee behind me, Liberal")
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To: blam

bkmk


10 posted on 11/21/2012 9:54:43 AM PST by Sergio (An object at rest cannot be stopped! - The Evil Midnight Bomber What Bombs at Midnight)
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To: blam

We won’t be able to pass on anything to our children. Homes, cottages, money... nothing but some old plates and photos.

Death Tax will take it all. Communism is about taking our rights to hold private property.

They have us coming and going.


11 posted on 11/21/2012 9:57:39 AM PST by Truth2012
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To: I want the USA back
They want it!

We're subhuman slaves. Our job is to serve them, period. They don't see us as human beings. They see us as a herd of laborers. When they want more, they simply take it.
Everything else is a lie. It's an illusion they've created for us. They want us to believe we're "free."
Somebody explain to me how we're "free." Free to do...... what?

12 posted on 11/21/2012 9:58:39 AM PST by concerned about politics ("Get thee behind me, Liberal")
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To: concerned about politics

One freeper said making the family farm into a corporation and putting farm assets in trust for your children is a way around this onerous estate tax


13 posted on 11/21/2012 10:00:49 AM PST by dennisw ( The first principle is to find out who you are then you can achieve anything -- Buddhist monk)
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To: blam

Is there a way to get around this legally?

Prior to death, sell it to someone in your family?


14 posted on 11/21/2012 10:04:15 AM PST by Jayster
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Have you donated yet?


15 posted on 11/21/2012 10:15:44 AM PST by RedMDer (May we always be happy and may our enemies always know it. - Sarah Palin, 10-18-2010)
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To: Still Thinking
I can’t imagine what they think gives them the right or authority to tax estates AT ALL!

Think about that. They number us the day we're born. They have a certificate of our birth on file. They sell our sweat equity, our future labor, on the market as bonds. They buy and sell us to each other.
How is that different from them owning us as slaves?

They control or property, even if we "pay for it" in full. They control our work places. They control our wages. They control our transpiration. They control our food. They control our options to buy or sell. They control the minds of our children. They control our bodies. Soon, they'll control our diet and behaviors. They even control the air we breath.

Still, we go one believing we're "free."
Free to do what? What is it that's ours to control or decide without their regulations or dictates? We don't even control our minds anymore. They've gotten control of them through PC, too.

16 posted on 11/21/2012 10:15:44 AM PST by concerned about politics ("Get thee behind me, Liberal")
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To: blam
From the Communist Manifesto:

1. Abolition of property in land and application of all rents of land to public purposes.
2. A heavy progressive or graduated income tax.
3. Abolition of all rights of inheritance.
4. Confiscation of the property of all emigrants and rebels.
5. Centralization of credit in the hands of the state, by means of a national bank with State capital and an exclusive monopoly.
6. Centralization of the means of communication and transport in the hands of the State.
7. Extension of factories and instruments of production owned by the State; the bringing into cultivation of waste-lands, and the improvement of the soil generally in accordance with a common plan.
8. Equal liability of all to work. Establishment of industrial armies, especially for agriculture.
9. Combination of agriculture with manufacturing industries; gradual abolition of all the distinction between town and country by a more equable distribution of the populace over the country.
10. Free education for all children in public schools. Abolition of children’s factory labor in its present form. Combination of education with industrial production, &c, &c.

Well commrads, it looks like we are here.

17 posted on 11/21/2012 10:20:03 AM PST by A. Patriot (Re-electing Obama is like the Titanic backing up to hit the iceberg again.)
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To: blam
It is almost criminal. Fully 1/2 of my grandmother's assets were confiscated by the Federal Government during the last year of her life (Clinton "Millionaire's Surtax") and in her death (Estate Tax). She had to have the timber on her acreage clear cut as she was approaching death to make enough of her estate liquid to pay the estate tax.

Seventeen years later, my mother, my grandmother's only child, is now 83 years old and has Alzheimer's. It would be very possible the property would be taxed again, although it has not gained that much. The idea you cannot deduct the principal, the value which was already subject to the estate tax in the past, is really beyond belief.

18 posted on 11/21/2012 10:23:35 AM PST by magellan
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To: blam

The communists will destroy agriculture via taxation instead of pogroms, and then starvation will ensue.


19 posted on 11/21/2012 10:36:08 AM PST by TexasRepublic (Socialism is the gospel of envy and the religion of thieves)
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To: blam
Hey, you didn't build that! And what did your kids do to deserve to get it? It's not fair! So Uncle Sugar is going to "socialize**" it, in order to give it to the more deserving. Hey, it worked in Cuba and it's working so well in Zimbabwe!

Mark

** Maxine Waters, referring to "Big Oil."

20 posted on 11/21/2012 10:38:57 AM PST by MarkL (Do I really look like a guy with a plan?)
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