Your Feedback: Estate Tax, Education Stir Readers

Oct 1, 2013

Estate Tax

 I totally disagree with the estate tax. I can’t think of anything more unethical, but it doesn’t help to make your case by using propaganda words like “job creators.” —Captive Audience via FreeEnteprise.com

 The greed of our elected officials is boundless. This is double taxation because you know a tax of some sort had already been levied on it. This crap tax forces folks to sell off family possessions whose members have worked and saved to leave to their heirs. It really sucks. Term limits on all elected officials. Get rid of em all. —Cowboywill46 via FreeEnterprise.com

 It’s really sad that so many successful Americans are not really savvy enough to do their due diligence and come up with a plan to protect their hard-earned assets. Most don’t have the huge tax burdens because of net worth and exemptions. It’s really best to put your fastest-growing assets in trust for your heirs. —LBW via FreeEnterprise.com

 My family is dealing with this right now. Our small 400-acre farm is worth $600,000. My parents, aunts, and uncles are having a hard time figuring out if they leave it in trust, lease it, or sell some. Every choice includes weighing what the tax implications will be, not what’s best for the farm and the family. … And the farm doesn’t even generate enough income to raise a family anymore. Maybe $30,000 a year—just enough to pay the taxes. Now Grandma and Grandpa have died, and the government deserves half? Or more? How do you justify this tax? —Bridgette via FreeEnterprise.com

Education

Common Core brings benefits to both education and our economy. Great op-ed written by @USChamber & @bizroundtable.—Arizona Chamber of Commerce via Twitter

 Common core is a data gathering tool. There are no new ways of educating in its policy. Its  math procedure is Stone Age. Its history only goes back 100 years. But its ability to gather info and data about your children to go into a database (think NSA, IRS) is at the core of its premise. —Chickster2 via FreeEnterprise.com

 The greatest improvement we could make in our education system would be to establish a system of school vouchers. We should subsidize the consumers of education—the parents—and not the producers—the government-run schools.—DennisAOK via FreeEnteprise.com

 If U.S. businesses were offering scholarships to get the skills they need because they had done projection planning of these needs, we would not have reached this shortage. It is because of the breakdown in the social contract and the desire by businesses to reap maximum profits without investment in people that also accounts for this existing situation.—Ribeekah via FreeEnterprise.com

 Germany has worked-linked education. But would it work here? We’d have to adapt our attitude toward education for this to work. We’d have to adjust our tax system to favor employment and allow employers to do their business planning free from government regulations that strangle, taxes that disadvantage, and other problems that have driven them out of business or overseas.–—Gwynned via FreeEnterprise.com

 In my opinion, business may be the only stakeholder that is sufficiently independent, organized, and interested in education outcomes to save the country. Poor schooling outcomes are sinking the country economically and otherwise.—J.E. Stone, Education Consumers Foundation, via FreeEnterprise.com

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