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Strategies & Market Trends : The coming US dollar crisis -- Ignore unavailable to you. Want to Upgrade?

To: Horgad who wrote (31056)	10/18/2010 4:05:10 PM
From: Cage Rattler	Read Replies (2) \| Respond to of 71462

Understood; but, to assume that current-level taxation will persist over the long haul seems like a risky assumption. Land held in "Tree-growth" is provided tax relief, true enough -- but, along with this relief there are restrictions placed on timber harvesting and how long the property has been held in tree-growth. Plus, the tax relief may or may not continue. It is my understanding that Around WW II wealthy European property owners were taxed at rates so high that lost their land due to inability to pay taxes due? I believe this explains why so many castles and huge land parcels there are now state owned and tourist-tour destinations. In the event of deflation, and cash-flow problems, just where will the cash for taxes come from? It is a complex issue