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November 25, 2006

An Argument For a Very High Inheritance Tax

In 1964 William Clay Ford became the owner of the Detroit Lions. The franchise he purchased had already existed for 34 years and compiled a regular season mark of 207-179-5, or a winning percentage of 0.532. The team had some post-season success, winning championships in 1932, 1952, 1953, and 1957. …