QUOTE (Athomeboy_2000 @ Nov 26, 2012 -> 12:01 PM)
Report: Max Baucus wants to preserve estate-tax cut
This strikes close to home for me. My wife's grandfather is close to dying and has a ton of land in Iowa. As things are setup now, if he does and "the fiscal cliff" occurs, his children will be liable for a crap load of taxes that will most likely require them to sell off a lot of land just to cover it. This is not what he wants for his children. The land is supposed to be passed on as whole to his kids.
They need to pay their fair share