Top 10 Death Tax Quotes
Most Famous Top 10 Death Tax Quotes of All Time!
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The death tax causes one-third of all family-owned small businesses to liquidate after the death of the owner. It is also an unfair tax because the assets have already been taxed once at their income level.
The death tax robs parents of the opportunity to pass something along to their children, and it is responsible for destroying a lot of family-owned businesses.
If we don't act now, the death tax will come back in just a few years. Under current law the death tax is phased out in 2010 but comes back in full force in 2011. That is a ridiculous and untenable policy.
The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.
The death tax punishes the American dream - making it virtually impossible for the average American family to build wealth across generations.
The death tax is one of the leading causes of the dissolution of small businesses.
The death tax destroys family businesses and stifles investment that leads to increases in jobs and personal income. As a result, 70 percent of family-owned businesses are not passed on to the next generation and 87 percent do not make it to the third generation.
Eliminating the Death Tax will continue to restore consumer confidence, spur capital investment, and create new jobs which are critical components of economic growth, particularly within the small business community.
Unfortunately, actions taken by the Senate ensured that relief from the death tax would only be temporary and that it would come back to life at the full rate again in 2011.
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