Ranchers, farmers brace for 'death tax' impact

My gid it gets dumber in here every day.

Daddy can GIVE THE FARM TO THE KIDS BEFORE HE DIES. All he has to do is add his heirs' names onto his deed. A few bucks and an afternoon in the county clerk's office will fix it all up
 
What part of $26 million in assets do you not understand?

Accumulated over 4 or more generations of back-breaking work!

What part of "You didn't EARN that!" escapes you?
He's still not your typical middle class farmer. And I did show you how his heirs could get around the estate tax.

That said, I think all income should be taxed at the same rate, be it inherited, earned, or capital gains.

But as long as we get these phony liars crying about something they can easily avoid that will never happen.

You're part of the problem, dude.

Your 'dynasty trust' takes CASH, Ravi, you can't deposit 22,500 acres.
To use your 'shelter' he would have to sell off all the assets, triggering capital gains taxes, and then deposit the remaining cash into the trust.

Poof, no more family farm.
 
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My gid it gets dumber in here every day.

Daddy can GIVE THE FARM TO THE KIDS BEFORE HE DIES. All he has to do is add his heirs' names onto his deed. A few bucks and an afternoon in the county clerk's office will fix it all up

You want to document that claim?
 
The farm is not an estate per se, as in a big mansion with a 6-car garage and an Olympic-size pool. A farm is a business. You can add anyone you want into your business. Ask the attorney that filed your will. Then kick his ass for not telling you before you made out the will.
 
What part of $26 million in assets do you not understand?

Accumulated over 4 or more generations of back-breaking work!

What part of "You didn't EARN that!" escapes you?
He's still not your typical middle class farmer. And I did show you how his heirs could get around the estate tax.

That said, I think all income should be taxed at the same rate, be it inherited, earned, or capital gains.
But as long as we get these phony liars crying about something they can easily avoid that will never happen.

You're part of the problem, dude.

Nobody gets to retire anymore, Ravi stole their retirement. What a buncha suckers.
 
A man who just paid $2 million to retain his family farm would now be forced to pay $13 million. He stated that he could not afford that.

The government is systematically confiscating family farms and businesses via the death taxes.


Reads like hysterical Bullshit to me, gg.

Why?

THINK about it

The difference in tax burden on an estate assessed with the $5,000,000 tax break versus an estate assessed with ONLY a $1,000,000 tax break?

CAN NOT BE $11,000,000​

That would mean that the tax accessed on the value from $1,000,001 to $5,000,000 would be eqaul to a rate of taxes of

$4,000,000/$11,000,000 = 275%


Now I understand that in FOX's world of faith-based math that might seem possible, but according to the IRS, that really is bullshit.



Assessed?

You poor stupid fuck

You clueless stupid fuck

It's assessed for property tax purpose, estate tax is appraised value, not assessed.

This is how clueless you need to be about economics to be a Democrat

Are you really this stupid and fucking ignorant?

Yes...Eddie really is that stupid.
 
Rancher Kevin Kester works dawn to dusk, drives a 12-year-old pick-up truck and earns less than a typical bureaucrat in Washington D.C., yet the federal government considers him rich enough to pay the estate tax -- also known as the "death tax."

And with that tax set to soar at the beginning of 2013 without some kind of intervention from Congress, farmers and ranchers like Kester are waiting anxiously.


Read more: Ranchers, farmers brace for 'death tax' impact | Fox News

But don't you realize it is the farm owner's civic obligation to "give back" to the federal government....So that so many can sit on their fat twelve sandwich eating asses and collect a government issued check.
It isn't just farmers. It is all types of businesses that will not be around to pass onto the heirs.
Unless the federal government is considered an heir to every will.
 
Only liberals are demented to believe a person's wealth should be taxed 1 more time once they die before their relatives can get what is left over after paying debts and taxes.

A family gas station is left with a 30 year old child of the parents when the parents are killed in a robbery of the gas station....but since the business was operating on the edge of profits and losses, the death tax means the child has to sell the business to pay the taxes....fucking insane.

Why don't you try leaning some facts, instead of parroting right wing bullshit and making yourself look like an idiot.

The estate tax currently is waved on anyone's estate that is under 5 million dollars, and if it is restored to the clinton level, it will be waived for all estates under a million.

I don't know of any mom and pop gas station that is worth more than a million dollars,..

Yeah ok... Try again you intellectually vacuous dolt.
The estate tax....Any estate...THE ENTIRE NET WORTH of an individual...will be subject to a tax of 55% of all estates over one million in net worth.
That includes all assets. Businesses, cars, homes, land, intangibles...
So if a the gas station generates 1.5 million in annual gross sales, that is included in the estate. The value of the building, the land on which it sits,...Then we move over to the home(s) owned be the deceased...See where we are going here?
The greedy fucks in DC think over half of this belongs to them.
SO yeah, the gas station, the farm the small business will have to be sold off to pay the God Damned taxes.
SO go fuck off. All of you libs are greedy self centered parasites. You think you are entitled to the fruits of another's labor.
Newsflash, the net value of the gas station is not only in the sales of fuel, but most of these businesses are convenience stores as well. For tax purposes the gross sales of merchandise is also used to calculate the taxable value. As is the real estate( building,land and appurtenances)
>Christ , if a store is located on a desirable corner lot, the land itself could be worth One million dollars.
My wife's uncle passed away. He owned a deli on a corner lot in a Norther NJ town he bought in 1970 for $100,000. Because the value of the lot and building spiked, when he died on the early 90's, the real estate was valued at $900k....The business was valued at another $250k....He wanted the store to stay in the family. The family had to sell because of the insidious death tax.
So instead of his son taking over the business, he had to sell and go find a job. The government took the only job he had since he was in high school. What the fuck is that bullshit!!!!!!!!!!!!!!!!!!
 
Why don't you try leaning some facts, instead of parroting right wing bullshit and making yourself look like an idiot.

The estate tax currently is waved on anyone's estate that is under 5 million dollars, and if it is restored to the clinton level, it will be waived for all estates under a million.

I don't know of any mom and pop gas station that is worth more than a million dollars,..

It figures you'd be all good with this kind of shit, you're a blood-sucking leech, just like the REST of the Democrat Party. All you motherfuckers know is to TAKE, TAKE, TAKE from people who've EARNED their money so you can GIVE, GIVE, GIVE it to the moocher class you buy your votes from.

So you think it's right that this rancher's kids will have to pay $13 million to keep the ranch that their great-grandfather ALREADY paid for?

You're worse than a leech, you're a fucking MAGGOT!

Fuck you butt licking, shit eating, filthy piece of shit.

America hating right wing pieces of shit like you can go fuck yourselves and burn in hell. If it wasn't for filthy animals like you, america would be a great place.

Go move to your right wing utopia like iran or saudi arabia you disgusting piece of trash.

Classless dirt eating drug taking toe cheese sniffing shit lapping, man tasting bone smuggler.
What cheers me up is the fact that you parasitic libs are still going to be miserable no matter what the circumstances.
Oh....Hell won't take you.
 
Fuck you butt licking, shit eating, filthy piece of shit.

America hating right wing pieces of shit like you can go fuck yourselves and burn in hell. If it wasn't for filthy animals like you, america would be a great place.

Go move to your right wing utopia like iran or saudi arabia you disgusting piece of trash.

Do you always speak in such generalities

I only speak the truth against the radical right wing, america hating fucks :eusa_clap::eusa_clap:

I have decided to make you my personal cause. I will continue to stalk and harass you. I will make you so angry ,you'll be able to snap a railroad spike between your ass cheeks.
So bring it on, socialist scum
There are ways to get to anyone.
 
Do you always speak in such generalities

I only speak the truth against the radical right wing, america hating fucks :eusa_clap::eusa_clap:

I have decided to make you my personal cause. I will continue to stalk and harass you. I will make you so angry ,you'll be able to snap a railroad spike between your ass cheeks.
So bring it on, socialist scum
There are ways to get to anyone.

Not THAT POS, anything bad you say about him he takes as a COMPLIMENT.

I think your last post might have given him an erection... :dunno:
 
A rather convenient ASS-umption, don't you think?

I sort of don't care. If they don't have the money to pay the estate tax, they probably don't have the money to run the ranch properly anyway.

Much better to let them sell it off to someone who does.

There you go ASS-uming again, you fucking twit. They've been running that ranch for 4 GENERATIONS, and you want to come steal half of it from them because their Dad died?

Do you even realize what kind of heartless BASTARDS you fucking Democrats are?

This just confirms the breed of liberal compassion. Compassion is exercised with other people's money under the threat of government sanctions.
 
Only liberals are demented to believe a person's wealth should be taxed 1 more time once they die before their relatives can get what is left over after paying debts and taxes.

A family gas station is left with a 30 year old child of the parents when the parents are killed in a robbery of the gas station....but since the business was operating on the edge of profits and losses, the death tax means the child has to sell the business to pay the taxes....fucking insane.

Why don't you try leaning some facts, instead of parroting right wing bullshit and making yourself look like an idiot.

The estate tax currently is waved on anyone's estate that is under 5 million dollars, and if it is restored to the clinton level, it will be waived for all estates under a million.

I don't know of any mom and pop gas station that is worth more than a million dollars,..

but if they didn't lie, they'd have nothing to say.
Oh bite Joe Biden's ass.
You should not talk.
If you are indeed an attorney, you are one of the most hated people on the planet.
And the typical victim of Obama's tax policies.
You voted against you own interests. How intelligent is that?
You voted for bigger government. higher taxes ON YOU. You voted for the worst anti business president in the history of the country. How's that gonna work for ya?
Don't come crying when your earnings suddenly get harder to hang onto.
 
Why don't you try leaning some facts, instead of parroting right wing bullshit and making yourself look like an idiot.

The estate tax currently is waved on anyone's estate that is under 5 million dollars, and if it is restored to the clinton level, it will be waived for all estates under a million.

I don't know of any mom and pop gas station that is worth more than a million dollars,..

but if they didn't lie, they'd have nothing to say.

You wouldn't know a lie if it slapped you in the face, Jillian, but they sure come flying OUT of your face.

Gas Stations and Convenience Stores For Sale
How do you know when a lawyer is lying to you? His/her lips are moving.
 
You are right. You are not a victim. But you will pay you fair share of the social compact. That's they way it is, and nothing you can do about it.

Too bad for you, WillowTree. You far right righties with not much are defending the filthy rich who walk over you. Incredible.

hey I'm set. I've been retired since I was age 57. Nobody is walking over grandma cause I've never pictured myself in a class war and never have seen myself as a victim and have always paid for my own fucking birth control which I used and I sure as hell know who da baby daddy izz.


What social compact? Better check your geography.
Yer in the wrong country.
Oh and there are most certainly things that can be done to keep our money out of the grubby paws of politicians and greedy parasites such yourself.
A number of them have been mentioned in this thread..All perfectly legal.
You lefties walk all over yourselves. You do this when you vote for tax and spend politicians You walk all over yourselves when you get suckered into class envy. You walk all over yourselves when you place all of your faith in government and remove it from your fellow human beings.
Keep screwing the producers. When there are no more people left to tax, what will you do then? Or are you under the delusion that taxable wealth is unlimited?
You takers. All you know is your hate for those who have been smarter and harder working than you.
You people hate ideas, creativity, achievement and success.
You believe that if a person has "wealth' they HAD to take it from someone else. Probably one of your protected classes.
 
I said CF was unworthy. American government was never designed as a libertarian model. James Madison would not piss on CF to put him out if he was on fire.
Your problem is you spout off with far left rhetoric while claiming to be a moderate.
And government was never intended to be the socialist utopia you Obamatons want
 
What, you melt down because you get treated like you treat others? Yes, we are i this together, and you are part of it. You can resign your citizenship and leave, or you can work as an American.

I am sure you have not paid even a 1/10th of what I have paid, WT. But you are right in that I receive free VA medical care because of my service and I am still glad I did it for worth Americans and unworthy ones like you. We are all in this together.

you are the unworthy american, know why? cause your pompous ass just called me unworthy fuck you and we are not all in this together, the bamie waged a class war and won, he's barreling toward a 20 trillion dollar debt. so fuck you.
We may be all Americans, but as far as building your socialist utopia, you are on your own.
Socialists are my mortal enemies.
 
Yes, you will. You will obey the law or pay the price. Quit melting down.

What, you melt down because you get treated like you treat others? Yes, we are i this together, and you are part of it. You can resign your citizenship and leave, or you can work as an American.

I don't have to do either. so fuck you again.

Which law is THAT?.
The one you long for that states government should control all wealth at the barrel of a gun?
Hey shithead, the Second Amendment was written so we can shoot back.
So fuck you and your confiscatory rantings.
 

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