Dick Durbin: “Is the Senator telling me we could give estate tax reform, virtually…”

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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Dick Durbin: “Is the Senator telling me we could give estate tax reform, virtually exempt all family farms, all small businesses--say…”

Editor's note · Context