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Strongly. Take a step out of San Francisco and step into a diner in the midwest: ask a patron about dynasty trusts and they’ll talk your ear off! While not a top-of-mind concern, it’s something people feel strongly about. /s

To be honest though there’s a lot of fear mongering around the estate tax causing a family to lose their farm.

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It’s not fear mongering if it’s factual. Farms are low margin businesses — If they are being taxed when the patriarch dies, I don’t see how they keep their farm.

Democrats love estate taxes because small businesses and farms don’t have the political power to fight them off.

>Democrats love estate taxes because small businesses and farms don’t have the political power to fight them off.

You don't think they like estate taxes since a fundamental building block of progressive thought is to dismantle nobility? You're hiding behind farmers when it's really centa-millionaires and billionaires that are the largest opponents of estate taxes.

Are centa-millionaires and billionaires the ones most likely to avoid such taxes by setting up these dynasty trusts, or other tax shelter, in whichever jurisdiction that allows it?

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