Dick Durbin said "Is the Senator telling me we could give estate tax reform, virtually exempt all family farms, all small businesses--say your business is worth $8 million or less; you are not going to pay a tax on it; families with assets of $4 million would not pay an estate tax--and still then have the resources to provide for a prescription drug benefit if we refuse to go along with the Republican approach which gives this estate tax break to the very wealthiest in America, those in the multimillion-dollar, maybe even billion-dollar category?" @ PoliticalQuotes.com

On the recordJuly 11, 2000

Is the Senator telling me we could give estate tax reform, virtually exempt all family farms, all small businesses--say your business is worth $8 million or less; you are not going to pay a tax on it; families with assets of $4 million would not pay an estate tax--and still then have the resources to provide for a prescription drug benefit if we refuse to go along with the Republican approach which gives this estate tax break to the very wealthiest in America, those in the multimillion-dollar, maybe even billion-dollar category?

Said by

Dick Durbin

Democratic · Illinois

Source

govinfo.gov

Editor's note · Context

Discussing estate tax reform and its implications for funding a prescription drug benefit.

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