I am proud that we did the work of the American people today. Americans believe that it is time to permanently eliminate the death tax, and this body took that confident step, they took that confident step today for the great benefit of the American people. I can say this with great confidence since I spoke with many small businesses back in the great State of Nevada during the past week. Each business owner I talked to, such as those of Click Bond in Carson City, Nevada, stated they would have had to close or sell their business should anything have happened to them individually and the death tax had been reinstated. They praised Congress for passing last year's tax relief bill and pleaded we make the death tax elimination permanent so they can pass on to future generations their businesses and their farms. Mr. Speaker, our permanently eliminating the death tax was the fair and right thing to do. No Nevadan, no American should have to mourn the loss of a family business and a loved one at the same time. I applaud my colleagues for doing what was right for the American people.
Sam Gibbons: “I am proud that we did the work of the American people today. Americans believe that it is time to permanently eliminate…”
Editor's note · Context
Discussing the elimination of the death tax and its impact on small businesses in Nevada.
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