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Cake day: July 10th, 2023

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  • Given that 70-80% of people in the US will inherit nothing under the current system, any inheritance tax largely only affects those that have generations wealth to begin with. The exceptions might be things like the family farm as small farmers trends to be rather can poor, but with our current healthcare system, I don’t think it is likely they could hold onto the farm until death unless they die by suicide or farming accident.