I'll take another stab at it, then my interest may be gone. Unlike many on this and other threads, I am keenly interested in hearing opposing views, but only if they are focused and objective. Let's look at your post:
I'll grant that you are one of the more serious posters on this thread, and thus worth it for me to take another stab at replying...
1/ "Aggie--No, the "personal experience" stories don't change my view of the desirability of estate taxes in the slightest." Well...if specific examples and simple, obvious scenarios of middle to upper middle class people getting whacked don't influence you, then why do you carry on the discussion? These are the people most affected by the estate tax burden, as they are with other tax burdens. How did you form your views? Because it appears to me that your views are formed from a sense of entitlement-resentment, i.e., you're entitled to advocate taxes on to others because you resent their wealth. I haven't heard you volunteering yours yet."
My answer is what I wrote elsewhere--I support estate taxes for the same reason that one of the greatest Republican Presidents in our history supported them--Theodore Roosevelt--because he was concerned, as I am, that this country is getting dangerously close to becoming an aristocracy. Estate taxes help ensure that that doesn't happen, and thus I support their continuing to be a part of our country's policy. The federal government is aways going to need funds, and if rich estates don't pay them, then they will be paid in additional amounts by the middle class; seems like a simple choice to me.
--2. "--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.."Who said anything about family farms getting bigger? My argument is that a family farm should be allowed to continue its existence without interference, and not die with the patriarch/matriarch. And by the way, I agree that the social fabric of small towns is valuable and should be preserved.
Well then we agree on the goal, we just disagree on the means. And the truth is that the VAST majority of family farms are passed on to their heirs without triggering estate taxes; the few that are are very big, and having them sell off some land to beginning farmers (which is often the only chance they get to buy it) is a good thing.
I think the essence of the problem here is a skewing of your perspective which does not jibe with secular (i.e., modern and easily checked) demographics. If a family farm folds and is sold off to pay estate taxes, who do you think buys it up? The answer usually is: the corporate farmer does, and has been over the past 30 years. I have lived in the same rural agrarian area for 20 years, and it's happening. Now. Check your demographics, they are readily available from your county extension agent, or, since you're based in DC, the Department of Agriculture and Library of Congress.
Not true where I'm from, I can assure you...
Romantic notions aside, the US is not full of people who want to try their hand at farming on some barely affordable carved-up piece of an already marginal farm - which nearly all family farms are.
Again, where I come from there are plenty of people who would love to get started in farming (admittedly, I come from a rural area in Nebraska where farming is a way of life).
3. "Forcing wealthy estates to sell off some land to small or beginning farmers makes sense from a social policy point of view.." Who (among our leaders) said anything about taxes being an instrument of social policy? Taxes are a way for government to raise funds to protect the borders and create a safety net. As a representative republic, we determine social policy through our elected officials, not through the IRS.
Goodness, we use tax policy ALL the time to effect social policy (sometimes we don't admit it, but it's still the case)--we grant mortgage interest deduction to make it easier for middle-income people to buy houses; we have an earned income tax credit to ensure that low income people have an incentive to work, etc., etc., etc. I'll admit that our leaders haven't used continuing the estate tax as a remedy for the decline of the family farm, but I believe it to be the case whether they use it as reason or not.
I must say that I find it disturbing when I raise the point that some rather ordinary, hard working people feel burdened by our tax culture, only to have your reply that 120 millionaires think estate taxes are great! What kind of counterpoint is that? If our conversation continually diverges in this way, i.e., you answer some different question, it will lead nowhere. An objective and civil discussion can only progress if both parties stick to the point."
Sorry if I got off the point (not sure I did, but it wouldn't be the first time--or the last, I'm sure). Anyway, SURE there are plenty of people who feel that they're overburdened by taxes--I simply believe that it's more equitable for very successful people (and please don't forget that the only people who pay estate taxes are the richest TWO PERCENT) to pay a modest amount of money to help fund the government, rather than transferering the burden on to others who are less able to pay--and wouldn't you agree that THAT is the choice? |