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| Today, there are many farm businesses, that even with the very liberal federal estate tax exemptions, would owe millions in estate taxes if mom and dad were run over at their driveway by a milk truck while on their way to church Sunday. All because of the huge increase in the value of their farmland. Even their equipment line adds to the problem because of record values, adding insult to injury. Pop this bubble, and poof, these millions owed the IRS just went away. So the governments tax receipts will also take a hit through the feds actions.
Edited by Boone & Crockett 9/22/2022 07:15
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