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Estate Tax Quotes

Taxing what gets passed down

Several quotes argue for estate tax exemptions so farm families can keep land they have protected for Ability generations.

I support exemptions from the estate tax to ensure that when Maine farm owners die, their families will be able to continue to farm the land that they have protected and lived on, often for generations.

Quotes by Tom Allen

The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death - a tax on money that has already been taxed.

Quotes by Mike Fitzpatrick

Repealing the estate tax won't create jobs, it won't boost GDP, and it won't add efficiency to the market. Instead, repealing the estate tax will simply add to the debt, hurt our ability to build a stronger economy and worsen...

Quotes by John Delaney

The real estate lobby has prominent allies in both parties. After the last major overhaul of the tax code, in 1986 - under a Republican president, Ronald Reagan, a Republican Senate and a Democratic House - it was a Democrat,...

Quotes by James B. Stewart

Ability Quotes

Me and my dad are the biggest promoters of an estate tax in the US. It's not a popular position.

Quotes by Bill Gates

All those predictions about how much economic growth will be created by this, all of those new jobs, would be created by the things we wanted - the extension of unemployment insurance and middle class tax cuts. An estate tax...

Quotes by Anthony Weiner

Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts.

Quotes by Amity Shlaes

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Frequently Asked Questions

What are the main arguments for the estate tax in these quotes?
Supporters argue that keeping the tax and closing loopholes elsewhere is fairer, while opponents say it punishes years of hard work with a second tax on the same money.
Do any quotes focus specifically on farm families?
Yes, one supports exemptions so Maine farm owners' families can keep working land they have protected for Ability generations.
What do opponents of repeal argue in these quotes?
One quote argues repealing the estate tax would not create jobs or boost GDP, but would instead add to the national debt.
Is the real estate industry mentioned separately from the estate tax?
Yes, one quote discusses the real estate lobby's influence on tax policy after the 1986 overhaul under Reagan, a related but distinct topic.
Do these quotes come from a particular side of the political debate?
The collection includes both sides, showing arguments for exemptions and family protection alongside arguments against repeal on economic grounds.

Others take the opposing side, arguing that repealing the estate tax would add to the debt rather than boost jobs or a stronger Able economy.