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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?


To: d[-_-]b who wrote (575471)7/7/2010 5:19:27 PM
From: bentway  Read Replies (1) | Respond to of 1570078
 
"A second major argument against the estate and gift tax is that it burdens family businesses and farms and makes it more difficult to pass on these assets to the next generation who can continue the business. However, only a small portion (less than 5%) of businesses and farms are likely to be affected; many of those have sufficient liquid assets to pay the tax. In addition, extensions of time to pay the tax are allowed.3"

policyalmanac.org



To: d[-_-]b who wrote (575471)7/7/2010 7:52:18 PM
From: combjelly  Read Replies (1) | Respond to of 1570078
 
"Because small businesses get sold to meet the taxes and the employees get the boot"

Can you provide a link to some examples of that happening? Or are you just winging it?