inheritance tax

Michael Perelman michael at ecst.csuchico.edu
Thu Apr 18 12:20:36 PDT 2002


I was only referring to the ownership. I doubt that many/any had to sell because of the estate tax.

On Thu, Apr 18, 2002 at 02:00:24PM -0700, Luke Weiger wrote:
>
> ----- 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.
> >
>
>

-- Michael Perelman Economics Department California State University Chico, CA 95929

Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu



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