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New Tax to Allow Obama
to Seize Half of 25 Percent
of American Farms

FrontPage Magazine, by Daniel Greenfield

Original Article

Posted By:earlybird, 12/14/2012 11:10:11 AM

In completely unrelated news. Between September and December 1929, collectivization increased from 7.4% to 15%, but in the first two months of 1930, 11 million households joined collectivized farms, pushing the total to nearly 60% almost overnight. In the news of the day, in the fabled land of Itcanthappenhere… New legislation that jumps the death tax to 55 percent of estates exceeding $1 million threatens 526,421 family farms, of about 25 percent of all farms in America, according to a Senate analysis. This summer, Majority Leader Harry Reid and Senate Democrats passed legislation

Comments:
The increased tax rate + dropping the exemption + farm real estate values going up = the death tax could put more than 420,000 additional farm estates at risk.

Easy reading. Chilling. The video at the end is about how happy this makes Soros and Buffett - and there is Obie as Soros´s Charlie McCarthy.

  

Post Reply  

Reply 1 - Posted by: MsMontana, 12/14/2012 11:24:19 AM     (No. 9065270)

Heartbreaking.

My family is a farm family and my parents have SLAVED since they were married in 1965 to have a successful business in a small farm. They scrimped and planned and reinvested and constantly set goals. They made it through really tough times in the 70´s and early 80´s when fuel prices skyrocketed and interest rates were sky-high.

They didn´t take vacations at all....summer was busy with irrigation and haying and harvest and winter was busy with calving and lambing and sometimes, in the spring, they´d have feeder pigs too.

us kids worked in 4-H and FFA and my brother still works the farm to this day with his wife and two sons.

And THIS is how the US legislators reward hard work? My parents have earned every g-damned cent and THIS is what they think they are entitled to???

Crooks...they´re all freaking crooks!!!!


Reply 2 - Posted by: Gorzabozo, 12/14/2012 11:26:00 AM     (No. 9065272)

Incorporate. Now.


   

 

  


 
Reply 3 - Posted by: Conservativegirl, 12/14/2012 11:31:31 AM     (No. 9065280)

Selling your corn to the government to make ethanol instead of for cattle feed has it´s consequences.



Girl´s Hubby


Reply 4 - Posted by: VAPMAN, 12/14/2012 11:31:46 AM     (No. 9065282)

I wonder how the IRS agents will be greeted when they show up at the family farm after the funeral to collect their tax. I recently drove through Iowa and I wonder how such a farm State could have voted for Obama the US version of Stalin.


Reply 5 - Posted by: NYbob, 12/14/2012 11:55:03 AM     (No. 9065332)

That´s ok, Republicans only care about millionaires. If you were head of the RNC, you would have probably been forcing the media to cover the farm/small business angle of the ´tax on the wealthy,´ for months. Photo ops from Iowa, etc. Demonstrations on capital steps, etc. Instead all they give the media is mumbling about no taxes. Don´t give me the whine about the media not covering them. There are many angles that are never explored by Republican ´leadership´ for getting the message out.

Some posters may be upset that I slam Republicans so often, but really, how media stupid do you have to be, how out of touch with flyover country are you, that you aren´t hopping mad about this disaster? I know most urban dwellers think chocolate milk comes from brown cows, but this will affect the world, not just us.


Reply 6 - Posted by: horacer, 12/14/2012 12:13:24 PM     (No. 9065376)

This is pure evil. In some investment circles farm land is considered the new hot commodity, better than gold. With these changes to the inheritance tax a lot of family farms would be forced onto the market and snapped up by hedge funds. Savage is right on.


Reply 7 - Posted by: gobushcheneygo, 12/14/2012 12:23:56 PM     (No. 9065395)

This will end with government controlling the farms and the food supply. How easy it will be to control the population when government decides when and IF you get access to food.


   

 

  


 
Reply 8 - Posted by: Newtsche, 12/14/2012 12:29:41 PM     (No. 9065413)

Food production has been the ace in the hole for the Red states.


Reply 9 - Posted by: thenightowl, 12/14/2012 1:40:40 PM     (No. 9065605)

It´s a Venezuela-like creep into the foundation of our culture and country.


Reply 10 - Posted by: curious1, 12/14/2012 1:47:59 PM     (No. 9065622)

#6, and valjar was meeting with investment/banking ceo types today. What a coincidence.


Reply 11 - Posted by: sgtfox of the jarhead clan, 12/14/2012 1:51:51 PM     (No. 9065628)

Had enough of democrats yet ? How bad will it have to get before there is open revolt ?


Reply 12 - Posted by: Country Boy, 12/14/2012 2:11:26 PM     (No. 9065666)

The key for obama and the corrupt libs is that this is a Net Worth tax (when you die). He´s ramping it up so that he can impose it on living people eventually. That will be game-set-match for the King Obayme.


   

 



 
Reply 13 - Posted by: Duckboy, 12/14/2012 5:52:36 PM     (No. 9066070)

One of Alinsky´s ´rules´ for instituting socialism, is to control food.


Reply 14 - Posted by: Coy860, 12/14/2012 5:57:05 PM     (No. 9066079)

Buffet´s company sells insurance policies to cover the cost of Gov´t taxes upon death.
He stands to sell a LOT more insurance now, doesn´t he?
Follow the money.


Reply 15 - Posted by: sudmuf, 12/15/2012 2:36:54 AM     (No. 9066697)

Government controls energy and now health care. When they control the food supply they control you completely.



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