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Kettle Moraine, WI | Why should there be any income taxes is a better question.
I will quote a former national economic advisor Gary Cohn. "Only idiots pay inheritance tax"
There are ways to keep generational farms generational. Consider it a means test. If a farm is smart enough to use vehicles and methods to transition a farm without inheritance tax, perhaps it is a farm deserving to continue. | |
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Stepped up basis... again
