Or sell the ranch/business to corporate interests who can fire all the employees and streamline operations for maximum profits. Then boutons can protest the evil corporation.
ranch now worth $10M?
for NO WORK earning that capital gains of $10M?
again, how many ranches or family businesses are there in that or even similar situation?
most kids don't want to "keep in the family", want to get an education and go live in city.
it's all BULL , fabrications, hypotheticals, LIES from the WEALTHY oligarchy suckering You People, dictating what they want you to get inflamed about.
Last edited by boutons_deux; 09-25-2017 at 12:31 PM.
Or sell the ranch/business to corporate interests who can fire all the employees and streamline operations for maximum profits. Then boutons can protest the evil corporation.
It's always tough to discuss what qualifies as wealthy with broke people.
always ends up with someone trying to big time other posters.
So someone who has just inherited land valued at $10 million is not wealthy?
Yeah 10 million dollar property producing 200k per year is basically lower middle class.
You're our of touch with average Americans, this is why trump won
It's painful to hand over a six-figure check to the IRS. I guess people don't care when it's OPM.
Im sure it's painful when lottery winners pay taxes on their jackpot too.
I would certainly consider inheriting 10 mil of land with a built-in business generating income to be quite the lottery
Yeah, you're big time. We get it.
Is someone who inherits property valued at $10 million not wealthy?
Average Americans are struggling, this is why Trump won.
The part about keeping the family ranch/business functioning seems to have gone right over your head. Is it because I said $200K and that seems like so much money to you? Let's change it to nets $75k per year. Does that change your viewpoint or do you still think it is in the best interest of the country to force that son/daughter to sell off the family ranch/business?
Is someone who inherits property valued at $10 million an average American? Is that person struggling?
Yeah your right. Everybody knows farmers and ranchers are living on easy street.
200k annually easily exceeds the average American. A household earning 200k per year is in the top 3-4%
The income was just a bonus. Somebody wins a 10 mil jackpot and I'm supposed to feel sorry for them paying tax on it? Gmafb
the top quintile starts at less that less than $100K.
https://en.wikipedia.org/wiki/Income..._United_States
Yeah, I don't have a 10 mil ranch or lottery winnings. Mine was the payoff of 20+ years' work. I guess the IRS deserved a quarter of it.
If they want to keep that property, pay taxes is on it every year, keep paying employees...yeah they could be.
Property taxes on that would be astronomical.
One who inherits a ranch valued at 10 million is in a pretty good spot
If that person sells that property for several millions of dollars he won't be wealthy?
Like I said the average American is struggling. We've been through this before. Liberals on this board think median income is is the same as middle class...I don't.
What was the value of your inheritance?
Damn Chump do not read or do you just have poor comprehension?
OK, what is your definition of middle class?
Just answer the question with a yes or no. It will take fewer keystrokes than whining.
If that person sells the property for several millions of dollars he won't be wealthy?
If you inherited a $ 10 million dollar ranch what would you do
Sell it or raise cattle on it?
If they sell it
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