On the recordDecember 1, 2010
I would add to this: not only do we need to continue the tax rates that we have today, but I would make them permanent so there is certainty, so that people can do the investments that Mr. Gohmert talked about and will be able to plan their businesses and create the jobs and plan for the future. But there is another one that hangs over the head of many families in America today, and that is the estate tax. That one is the most ominous of them all. If we aren't able to reach an agreement on these tax brackets by the end of this lame duck session and if we are just in the condition that we are in today in that there is no certainty and where the $1 trillion or $2 trillion of capital that is sitting on the sidelines doesn't get released and invested into our economy, that's bad. We've already seen a lot of months of it, so another month of it doesn't devastate us completely, although it would be a great Christmas present.
