Reply #25: for cash/gold/stocks no problem....

[Statistical]

however for small businesses and farms 99% of the estate is illiquid in the form of land, machinery, inventory, supplies, etc.

Thus paying the $2.4 million requires selling the majority of the business.

People complain how the massive agro-businesses have swallowed up 90% of farmland in this country while at the same time cheering for the exact mechanism that has caused the demise of the family farm.

On this very thread someone suggested farmers should just sell some of their land to pay the taxes. Guess what.... THEY DO.

Each generation the family farm gets smaller and smaller (and thus less and less competitive) and the argo-corps gets larger and larger.

There is no estate tax for massive corporations.