[lbo-talk] A New Name for "Estate Tax"? (fwd)

Michael Pollak mpollak at panix.com
Sun Feb 19 12:24:58 PST 2006


On Sun, 19 Feb 2006, Michael Hoover wrote:


> have seen various percentages - from likes of small business
> administration, census data, chamber of commerce - over the years, re.
> small business 'failure' within one year and five years, irrespective of
> whether high or low end figures are correct, don't most of go out of
> business during owner's lifetime...

Well yes and no. I think it's kind of like with child mortality in a country where it's high -- the businesses that survive the first 5 years have great odds of a long life. And the ones that die during that period barely count in people's reckoning at all.

Michael



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