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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: ecommerceman who wrote (127725)2/17/2001 5:32:11 PM
From: Ish  Read Replies (1) | Respond to of 769670
 
<<Ish--you don't know what you're talking about. Please read my comment about Neil Harl, the Iowa State Ag economist who said in 30 years he'd NEVER seen a family farm broken up because of estate taxes. It doesn't happen--it's a myth.>>

Apparantly Neil Harl nor you ever met my mother. She inherited two farms and had to sell one to pay the taxes. I live in a farming community and see it happen. Maybe you don't know what you're talking about.

I see you live in D.C. Major agriculture center is it?



To: ecommerceman who wrote (127725)2/17/2001 8:36:25 PM
From: D. Long  Respond to of 769670
 
He must be quite sheltered then.

My family owns approx. 150 acres of farmland. We've worked out that we would lose the property to pay estate taxes, if we didn't have five households to pay the taxes. If this were a single family holding, the property would be have to be sold. If this were a working farm, and not the family holding down wage jobs, there is no way the income from the farm could pay for the estate taxes.

Derek


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