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To: E who wrote (14043)6/4/2002 10:14:07 AM
From: TimF  Respond to of 21057
 
A lot of that money is built up in family owned businesses. The owner or the whole family worked hard for years to grow the business even after taxes and then they have to pay high rates of inheritance tax to keep the business in the family. The rates can be as high as 55%. Sure there are loopholes but the family should not be forced to sell the business if it can't find a convenient loophole.

Tim


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