On the recordApril 13, 2005
it is time that we bury the death tax today, once and for all. For too long the American dream has turned into the American nightmare and for too many citizens and countless small businesses. Many Americans with dreams take risks, invest their savings, work long hours, and the government keeps over half of their assets when they die, 55 percent. That is the amount Washington takes with the death tax, 55 percent, and that is not fair to anyone. The death tax undermines our economy, and I know that we can do better. It costs our economy over 250,000 jobs a year. That is a quarter of a million people who should be collecting paychecks rather than unemployment checks. Madam Speaker, the death tax is hurting families, and it is killing our small businesses. Freedom and liberty demand that hard-working Americans be able to leave their children the results of their success, not have Washington get a windfall. Let us act today and let the death tax die for good. ____________________
Source
govinfo.gov




