Democrats
are marketing an impending estate-tax hike as a way to force frivolous
American heiresses to pay their fair share and contribute to society.
That’s only a small part of the story, though. Much of the tax revenue
will actually be collected from small-scale farms and ranches in the
American heartland. For these families, it will be devastating.
Many family farm and ranch owners are far from rich, regardless of
how they look on paper. They clip coupons and live harvest to harvest,
investing a lifetime of profits back into the family business. Around 85
percent of their assets are illiquid, according to national statistics.Read more: http://www.nationalreview.com/articles/333715/taxed-death-jillian-kay-melchior
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