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


To: Aggie who wrote (127758)2/18/2001 10:04:59 AM
From: ecommerceman  Read Replies (3) | Respond to of 769670
 
Aggie--No, the "personal experience" stories don't change my view of the desirability of estate taxes in the slightest. In fact, I view it AS desirable for large landholdings to be broken up because of the very fact that I come from a rural area--the truth is that the surest way to kill small towns (and the social fabric that they make up) is to ensure that the size of farms gets bigger and bigger. Forcing wealthy estates to sell off some land to small or beginning farmers makes sense from a social policy point of view, and also is a way to equitably fund the government from those who can afford to pay, as opposed to low to middle-income families who will be forced to make up the difference if the estate tax is repealed.

I'd be willing to admit that perhaps some farmland is occasionally sold off to satisfy the tax, although I also believe that it happens pretty rarely, but when it DOES happen, i think it's a good thing.