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Non-Tech : Who Really Pays Taxes? -- Ignore unavailable to you. Want to Upgrade?

To: donjuan_demarco who wrote (31)8/13/2000 3:20:49 PM
From: c.horn  Read Replies (1) | Respond to 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.



To: donjuan_demarco who wrote (31)8/14/2000 6:53:49 PM
From: MulhollandDrive  Read Replies (1) | Respond to of 666
 
>>I've been a tax/trusts and estates lawyer for over twenty years<<

Hopefully you will be put out of a job soon. Basically you earn your living by finding loopholes and creating convoluted estate tax schemes that allows people to keep what the worked for in their families...


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