Barbara Boxer: “Exactly. We move also on the exemption for farms and small businesses…”

On the recordJuly 11, 2000

Exactly. We move also on the exemption for farms and small businesses, and we go up to $8 million per couple by 2010 on that ladder, as well. We are only talking about extremely large estates and a tiny percentage of people in this country. It is in the hundreds, really, who will wind up paying any type of estate tax--only those who have made it so big that, yes, maybe they can just give back a little bit to this country to pay for the defense of this country.

Said by

Barbara Boxer

Democratic · California

Source

govinfo.gov

Editor's note · Context

Discussing estate tax exemptions during a debate on tax policy.

Share on X Share on Facebook Email this quote

Barbara Boxer: “Exactly. We move also on the exemption for farms and small businesses, and we go up to $8 million per couple by 2010 on…”

Editor's note · Context