What if you stiffened the federal estate tax –say, a $1 million exemption and a 50% tax rate – but granted a generous special exemption – say, $5 million or $10 million – for a family business? To qualify for the exemption, family heirs would have to keep themselves on the payroll and not sell the business.
Could something along those lines, as envisioned by Ray D. Madoff of Boston College School of Law, actually work? Or would estate planners have a field day constructing "businesslike" tax shelters?
12 comments:
Madoff's proposal would probably not work because of the perverse incentive it creates to create "businesslike" tax shelters. But her article does get people to talk about two very different viewpoints -- raising the estate for some and reducing it for others. She accomplished a lot in her short op-ed article. I reviewed her article here: http://mhs.typepad.com/threepointfive-45/2009/11/-madoff.html
Excellent post at Blogger fantastic job.
Topics For College Essay | Example Of A College Essay
| Academic Writing
No Death Tax for Family Farms and Businesses? <-- that's what i was looking for
Excellent post. I want to thank you for this informative read. Keep up your great work.
Hey! Keep it up your work. Your blog and post are very informative. Very clear easy to understand text I am enjoying your post. Please take a look at my dissertation services in uk site and advise me further improvement.
Almost every article I come across has the almost same piece of information, but you provide with variation. That is what I like about your blog. Keep it up, pal!
logo design firms
You might like to try the following link. It provides guidance, with worked examples, on understanding what the examiner seeks and writing in an academic manner. If in doubt can always ask tutors whether it's advice applies in your discipline and institution.
Essay
Great post, the subject is extremely useful and informative for me. Keep doing the good work. Regards
creative logo designs
online logo designs
Excellent post. I want to thank you for this informative read. Keep up your great work.
Accurate results and precision is the base you select the developers to redesign your portal. You have won our satisfaction level and further we will surely work with you.
Custom Logo Design |
Thanks for writing this. I really feel as though I know so much more about this than I did before. Your blog really brought some things to light that I never would have thought about before reading it.
Indian wedding footwear
I thought it was going to be some boring old post, but it really compensated for my time. I will post a link to this page on my blog. I am sure my visitors will locate that extremely useful Please visit for more information
Bollywood sarees
Post a Comment