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Non-Tech : Who Really Pays Taxes?
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To: donjuan_demarco who wrote (31)8/13/2000 3:20:49 PM
From: c.horn  Read Replies (1) of 666
 
Now who is the liar?

Only about 30 percent of all family-owned businesses are passed down to a second generation, and only about 13 percent reach a third generation. Although a number of factors account for these low figures, the federal estate tax is among the most significant barriers to the transfer of family-owned businesses.
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