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In response to:

The Ineffective Death Tax

browser Wrote: Sep 14, 2014 10:28 AM
Individual farmers must have a lot of land to "break even". As land values go up their "estate" gets continually valued higher. When they die their heirs generally have to sell off land to pay the inheritance taxes. Who buys the land? Large agriculture corporations. But large agriculture corporations don't "die", so they never have to pay "inheritance taxes" on their land holdings. "Death taxes" on farmers are designed to transfer land holdings from small farms to large corporations -- and kickbacks via political donations and "benefits" to friends, families, and causes encourage politicians to support this wealth transfer. As you say, the government doesn't get much out of the taxes, but they certainly prevent capital-intensive private businesses from lasting through the generations.
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