So a house and a small loan?! It would take a genius to create a yuge business empire with a small loan like that
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the estate tax should be capped at zero.
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And yet, my state senator proposed a bill to phase out the estate tax over 5 years. It won't come to pass, but still.
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"But they're taxing my money again!" No they aren't, they're literally taxing the money they way Rep.s want, literally over their dead body.
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That sounds like plenty for one kid, but isn't a whole lot if it's split between 10+ kids + grandkids.
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there are small family farms that would have to sell off land if this were the limit.
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oh for sure there would be exemptions for small family businesses
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