inheritance tax

[Michael Perelman]

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