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AuthAuthyesterday at 11:29 PM1 replyview on HN

It is a real problem but its presented in a misleading way.

If you inherit a farm worth 1m and you have to pay estate taxes on that of 100k. You do not have to sell the farm, you can instead take out a mortgage to cover that 100k.

When we frame it that we its still very fair to the person inheriting the farm because who wouldnt want a $1m farm for 100k.


Replies

smwtoday at 2:14 AM

Except you don't pay any estate tax unless your estate is larger than $15 mil