News Focus
News Focus
Followers 217
Posts 28310
Boards Moderated 2
Alias Born 02/24/2002

Re: sylvester80 post# 62301

Tuesday, 01/07/2003 6:26:27 PM

Tuesday, January 07, 2003 6:26:27 PM

Post# of 704041
Syl, My point is why should the tax laws be distructive to a family business. There is a family business here in town that has been in the family for nearly 50 years. It's now worth close to $100 mil...and yes, these folks are now rich. However, why should they not be able to continue the family business as it is today? Under current tax laws they will have to sell the business at the point of a gun to pay the taxes after the old man dies.

Joe


Joe

Discover What Traders Are Watching

Explore small cap ideas before they hit the headlines.

Join Today