Yesterday's Tractor Co. We Have the Tractor Parts You Need
Click Here or call 800-853-2651 
   Allis Chalmers Case Farmall IH Ford 8N,9N,2N Ford
   Ferguson John Deere Massey Ferguson Minn. Moline Oliver
 
Marketplace
Tractor Manuals
Tractor Parts
Classified Ads
Photo Ads

Community
Discussion Forums
Project Journals
Tractor Town
Your Stories
Show & Pull Guide
Events Calendar
Hauling Schedule

Galleries
Tractor Photos
Implement Photos
Vintage Photos
Help Identify
Parts & Pieces
Stuck & Troubled
Vintage Ads
Community Album
Photo Ad Archives

Research & Info
Articles
Tractor Registry
Tip of the Day
Safety Cartoons
Tractor Values
Serial Numbers
Tune-Up Guide
Paint Codes
List Prices
Production Nbrs
Tune-Up Specs
Torque Values
3-Point Specs
Glossary

Miscellaneous
Tractor Games
Just For Kids
Virtual Show
Museum Guide
Memorial Page
Feedback Form

Yesterday's Tractors Facebook Page

Related Sites
Tractor Shed
TractorLinks.com
Ford 8N/9N Club
Today's Tractors
Garden Tractors
Classic Trucks
Kountry Life
Enter your email address to receive our newsletter!

subscribe
unsubscribe
  
Tractor Talk Discussion Forum

Re: Death and Taxes.

[Show Entire Topic]  

Author  [Modern View]
Fixerupper

12-12-2012 09:23:17
100.42.82.30



Report to Moderator

This is not new news at all. Every time the higher exemption expires it goes back to $1,000,000. What sticks in my craw is this farm land that is worth the mega-millions just because of the rise in farm land value is a TOOL the family farmer uses to make a living. It's merely a TOOL as long as the heirs keep it and farm it for a living. It is not a multi-million dollar check handed to the heirs. It's a TOOL the owners have to pay property tax on and it's a TOOL the owners have to spend money on to maintain. It is not CASH!!! Why should we pay 55% tax on the TOOL the family is using to make a living? Why should we be forced to sell some of our income earning TOOL to pay the 55% the GVT thinks we owe because we inherited a means of living that we will continue to use as a means of living? Why should should we spend some of our income on tax attornies to slap uncle sam's hand away from our pockets like protecting ourselves from a pick pocket looking for an opportunity. Most of our fathers and forefathers had to scrape like crazy just to make the payments on their newly purchased land. By the time it was paid for they didn't have enough time in their lives to put away much for savings so this large estate they leave, that has increased in value many times is land only, not cash. Why should we have to form LLC's and trusts to protect ourselves from our government's need to fund it's lavish ways? Do you know what it feels like to watch someone own and farm land your dad worked his hands to the bone to pay for? Land that was lost in order to pay the 55% estate tax? My sis and I haven't had to go through that YET but it's looming on the horizon.

If the land heirs are greedy and just want to cash in on their newely inherited wealth that they did nothing to earn or help to earn then let them pay the 55%. Jim

[Reply]   [No Email]
[Show Entire Topic]     [Options]  [Printer Friendly]  [Posting Help]  [Return to Forum]   [Add a Reply]

Hop to:
TRACTOR   PARTS TRACTOR   MANUALS
Same-Day Shipping! Most of our stocked parts ship the same day you order (M-F).  Expedited shipping available, just call!  Most prices for parts and manuals are below our competitors.  Compare our super low shipping rates!  We have the parts you need to repair your tractor.  We are a Company you can trust and have generous return policies!   Shop Online Today or call our friendly sales staff toll free (800) 853-2651. [ More Info ]

Home  |  Forums


Copyright © 1997-2014 Yesterday's Tractor Co.

All Rights Reserved. Reproduction of any part of this website, including design and content, without written permission is strictly prohibited. Trade Marks and Trade Names contained and used in this Website are those of others, and are used in this Website in a descriptive sense to refer to the products of others. Use of this Web site constitutes acceptance of our User Agreement and Privacy Policy

TRADEMARK DISCLAIMER: Tradenames and Trademarks referred to within Yesterday's Tractor Co. products and within the Yesterday's Tractor Co. websites are the property of their respective trademark holders. None of these trademark holders are affiliated with Yesterday's Tractor Co., our products, or our website nor are we sponsored by them. John Deere and its logos are the registered trademarks of the John Deere Corporation. Agco, Agco Allis, White, Massey Ferguson and their logos are the registered trademarks of AGCO Corporation. Case, Case-IH, Farmall, International Harvester, New Holland and their logos are registered trademarks of CNH Global N.V.

Yesterday's Tractors - Antique Tractor Headquarters