inheritance tax

Luke Weiger lweiger at umich.edu
Thu Apr 18 14:00:24 PDT 2002


----- Original Message ----- From: "Michael Perelman" <michael at ecst.csuchico.edu> To: <lbo-talk at lists.panix.com> Sent: Thursday, April 18, 2002 9:16 AM Subject: Re: inheritance tax


> Actually, quite a few farmers.

The impression I've gathered is that the proportion is quite small. The GOP sob-stories about families forced to sell their farms/businesses because of the estate tax are, according to all reliable sources, pure fabrication.

-- Luke


> Some are quite wealthy from the subsidies;
> also, many, many wealthy people buy ranches, vineyards, and farms as a
> hobby.
>



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