Economy Former Democrat senator says Biden’s plan to tax assets at death would hurt family businesses

[White Whale]

Former Sen. Heidi Heitkamp, one of Democratic Party leading voices on tax policy, said Joe Biden’s proposal to tax appreciated assets upon death would hurt family farms and family-owned businesses.

Another policy that would hurt small and medium size businesses while ting multinational companies will remain untouched.
https://www.cnbc.com/amp/2021/09/01...r-sounds-the-alarm-about-bidens-tax-plan.html

 

[kahiljabroni]

Gets better and better with these clowns

 

[Hadron90]

Duh. That's what its designed to do. Bezos didn't give Biden all that WaPo cover for charity. Biden's primary job is to generate opportunities for Fortune 500 companies and Hedge Funds.

 

[Farmer Br0wn]

Terrible. Even more family farms will be forced to close their doors under Biden's new Death Tax.

 

[StoneColdSteveAustin]

Terrible. Even more family farms will be forced to close their doors under Biden's new Death Tax.

oh please. Farmers are kept alive by tax dollars and the government.

 

[Hadron90]

Terrible. Even more family farms will be forced to close their doors under Biden's new Death Tax.

Cheap farmland you say?

 

[blaseblah]

A death tax is the only surefire way to tax the 1% that game the system and avoid paying their share of taxes.

 

[badascan]

Stop taxing. The entities we ask to govern are long out of control. They are not our masters, we are theirs!

 

[jefferz]

Heidi is a democrat in name only.
I've had the "privilege" of meeting her a couple of times. She's a cunt.

 

[TriangleMonkey]

Another way to completely take any worth out of the people hands


Dont want you to own any homes or businesses obviously

 

[Badger67]

Taxing assets after death is stupid. Anyone suggesting it should be fired from their position. Ffs

 

[fedoriswar37]

It's an asinine premise to begin with. If I want to become successful enough to make life easier for my grandkids and their kids and so on the government can fuck off. God. Your not even alive and there still taking from you

 

[MichiganMMA1978]

Stupid fucking "death tax" cost us a house that was in my wife's family since the 50s when her grandfather built it.

 

[MichiganMMA1978]

oh please. Farmers are kept alive by tax dollars and the government.

And you're kept alive by...... The farmers

 

[MichiganMMA1978]

A death tax is the only surefire way to tax the 1% that game the system and avoid paying their share of taxes.

Can't tell if serious?

 

[StoneColdSteveAustin]

And you're kept alive by...... The farmers

Yeah because you can’t buy products from other places lmfao. Everything sold in America comes from American farmers right?


What a hot take

 

[Damien Karras]

oh please. Farmers are kept alive by tax dollars and the government.

They don't even need to be efficient they'll still make a lot of money

 

[Oceanmachine]

Terrible. Even more family farms will be forced to close their doors under Biden's new Death Tax.

Farm land should belong to the government

 

[MichiganMMA1978]

Yeah because you can’t buy products from other places lmfao. Everything sold in America comes from American farmers right?


What a hot take

Uhmmmm.... Unless you plan on living on Avocado and cactus, yeah, most of it does, with a few exceptions.
You seem to have some weird thing against farmers. Did you get beat up by farm boys when you were younger?

 

[MichiganMMA1978]

Farm land should belong to the government