Mike Levin: “this really is not about farmers and small businesses. The Pomeroy substitute addresses 99 percent who would be excluded…”

“this really is not about farmers and small businesses. The Pomeroy substitute addresses 99 percent who would be excluded from estate taxes. This is not about class warfare unless it is warfare on behalf of 1 percent of the very wealthy against 99 percent. It is not about a quirk in the bill last year. If we eliminate the sunset, essentially we are further sunsetting fiscal responsibility, a trillion dollars the second 10 years for a few thousand families. We are not just mortgaging the future, we are throwing it away. We are throwing away the chance to address Social Security needs, Medicare needs. In a few words, this is not about death taxes; it is about deficits, more deficits, and more, more deficits. There has been a reference here to supply-side economics. This is supply-side economics run amuck. Those who vote ``yes'' today will live to regret it, if not tomorrow, some years from now. Mr. Speaker, I urge a ``no'' vote on the final vote, and ``yes'' on the substitute.”