Walter Meester
HoogkarspelNetherlands
>>Bill isn't really suggesting that inherited money be confiscated. He is suggesting, and I agree with him, that above some threshold (which should be indexed to inflation, in my view), it should be heavily taxed. At a minimum, it should be taxed the same as any other income. After all, money is taxed every time it changes hands.
>
>So, family farms should not be passed down through generations?
Micheal,
Up here we do have inheritance taxes and farms are passed from father to son. Op paper they need to take over the farm little by little every year, or else indeed they will be taxed heavily.
Its not a simple topic, there are lots of buts and ifs
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