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Estate Taxes Aka Death tax
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tbj999
Posted 10/27/2010 20:25 (#1410761)
Subject: Estate Taxes Aka Death tax


I dont know how many are aware that on January1 2011 the Exemption goes to 1 Million $ in 2010 it is 0 no tax owed this will impact probably every decent sized farm out there if congress doesnt act in there Lame duck session and up it or repeal it.

It doesnt take much to get to a million$ nowadays a Tractor,Combine etc the amount owed could be in the millions if you are an heir in an estate in my case i will probably have to sell ground that has been in my family for a 100 years to pay for the tax please contact your representative and tell them it needs to be changed in pratical terms for today.
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