With the permanent elimination of this tax, farmers and business owners will have the sense of security they need to plan for the financial future of their business or farm and their family.
Eliminating the death tax is particularly important for the many small business owners and family farmers that call Central Washington home.
In six short years, small business owners and family farmers will once again be assessed a tax on the value of their property at the time of their death, despite having paid taxes throughout their lifetime.
As president, I would promote a Fair and Flat Tax plan, known as the 'EZ Tax.' My tax plan would be the largest tax cut in American history, reforming individual, business, and worker taxes.
I do think that there is a big difference between family farms and agri-business, and one of the distressing things that I think has occurred is with consolidation of farm lands. You've seen large agri-businesses benefit from enormous profits from existing farm programs, and I think we should be focusing most of those programs on those family farmers.
Sometimes film is just the family business. Some families are generations of carpenters or farmers, or they make clothes, or they're all lawyers. I'm in the family business.
This whole business of calling farmers all kinds of cheap names, such as Khalistanis, Urban Naxalites, was resorted to by BJP to weaken and damage the farmers' battle against the farm laws.
Founders go wrong when they start to believe their business plan will materialize as written. I advise entrepreneurs to burn their business plan - it's simply too dangerous to the health of your business.
Full financial citizenship means more than just a savings account and a way to transfer money and pay bills. It also requires access to credit along with the ability to accept payments and run a business, send money to family or transact business across borders, contribute to the community and help others in need, and invest for the future.
I support exemptions from the estate tax to ensure that when Maine farm owners die, their families will be able to continue to farm the land that they have protected and lived on, often for generations.
Let's find those areas where modest and reasonable tax cuts will have the biggest positive impact on our economy, and which will improve the lives of those who need it most: working families, retirees, and small business owners.
Small family farmers are the only things that can save us because they take care of the land. Future farmers of America are going to be our heroes. Same with biodiesel, either way we need small family saustainable and organic farmers.
In the end, alchemy, whether it is metallurgical or financial, fails. A base business can not be transformed into a golden business by tricks of accounting or capital structure. The man claiming to be a financial alchemist may become rich. But gullible investors rather than business achievements will usually be the source of his wealth.
Financial security is crucial for your family, and I have a large family. Money does matter when you don't have it. When you need it, you realise the value of it. In that sense, money will always have value.
Like a lot of business owners out there, I don't desire to face the continual flogging from government regulators who push burdensome and confusing state tax and employment laws on the business. It creates an unnecessary risk when, as an owner, I can just take it offshore.
Many small business owners want to pass their family legacy on to their kids and grandkids, but they are turned over to vulture funds because the family may be asset rich but lacks the cash to pay the estate taxes. I have met people who literally sold the farm to pay the taxes.
One method of staying ahead of rising asset prices and the declining dollar is to think bigger and come up with better plans. As important as financial and business planning is a plan for personal development and self-improvement. I'm often asked to invest in people's business plans, and one of the reasons I turn many of them down is because a big plan requires a big person who's spent time on personal development. In a lot of cases, a business plan is far bigger than the person with the plan - that is, the dream is bigger than the dreamer.