When a business passes to new ownership, debt is part of the purchase price. Succeeding generations are angry about the debt and entitlement burdens that they are inheriting from the Boomers. As they become the majority, they will have to choose between taxing themselves or reducing their obligations to the Boomers both in business and government programs.
Who’s Picking Up the Tab?
Posted by cbrendlinger under FinanceFrom http://www.awakeat2oclock.com 3685 days ago
Made Hot by: bloggerpalooza on March 21, 2014 8:22 am
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