Death Tax to Increase to 55% in 2013

[Jennifer Groves]

 

Current tax rate is 35%. Die now if you want your kids to inherit anything. This will effectively end private farming in America.

 

"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."

 

http://washingtonexaminer.com/632281-family-farms-threatened-by-new...

 

"This summer, Majority Leader Harry Reid and Senate Democrats passed legislation (S.3412) on a party-line vote that allows Washington to take up to 55 percent, a huge increase over today's top rate of 35 percent, and drop the tax's exemption from $5.1 million to $1 million."

 

And where exactly was the GOP-controlled House when this was passed??!!

 

All part of Agenda 21: global communism. No private property.