>>Doesn't it seem a shame to destroy family farms with a tax that raises very little money?
>
>I already answered that it should be set up so that family farms are below the exemption. How many family farms do you think land above the current exemption of $5M+?
If we think it is wrong to take a family farm away from the family when the farm is worth $2m, or $3m or up to $5m
then why are we forcing more successful families to suffer the loss of the their farm?
To raise tax money that is a rounding error in the federal budget?
It is simply not a significant source of revenue.
So what is the point? Punish the rich?
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