Georgia Forestry May 2012
May 15, 2012 a4inc 40 other publications
Almost 225 years ago, Benjamin Franklin observed that, “In this world nothing can be said to be certain, except death and taxes.” The fact that most Americans recognize that quotation— and ruefully agree—more than two centuries later confirms that taxation has only become a greater burden on citizens over the course of the nation’s history. Unfortunately, land and timber owners often bear more than their share of this burden because, after they have paid a lifetime of income taxes, their assets may be subjected to estate taxes at their death.
Almost 225 years ago, Benjamin Franklin observed that, “In this world nothing can be said to be certain, except death and taxes.” The fact that most Americans recognize that q...