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Politics : American Presidential Politics and foreign affairs
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To: Peter Dierks who wrote (485)2/22/2005 2:45:54 AM
From: RMF  Read Replies (1) of 71588
 
Peter, you seem to be saying that if the "Paris Hilton" tax did not exist we would have MANY more family farms.
I think you exaggerate the consequence of that tax and discount the econics 101 princilple that economies of scale have a tendency to overcome mom and pop operations.

Family farmers were on the way out anyway.

Maybe...because of their rather unique circumstance they should have been excluded from the tax from the getgo, but I think that allows ANY family run business (Hotels perhaps) to make the same argument.

Carter made Volker FED chief, but it was Reagan that allowed and even encouraged him to destroy small businesses with draconian interest rates. I was builing homes at the time, so don't tell me it was Carter than wrecked my livelihod at the time.
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