Dick Patten, president of the American Family Business Institute, discusses why Maryland's estate tax on farmers should be repealed. He contends that the tax takes money away from family farmers, and that money could be used to pay employees and upgrade machinery. He also contends that the revenues collected from the tax are negligible.
See Dick Patten, "Maryland's Estate Tax on Farmers Should be Repealed," The Baltimore Sun, Jan. 21, 2012.
Posted by William Alan Nelson II, Associate Editor, Wealth Strategies Journal
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