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Conversation with my daughter today
Message
From
03/08/2014 02:27:00
 
 
To
01/08/2014 09:12:33
General information
Forum:
Family
Category:
Children
Miscellaneous
Thread ID:
01604148
Message ID:
01605095
Views:
62
>>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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