Political Quotes

Tim Huelskamp: Fifty-five percent death tax. I mean, that's the one that hits the heart of my small businessmen and -women. And they're…

On the recordSeptember 10, 2012
Fifty-five percent death tax. I mean, that's the one that hits the heart of my small businessmen and -women. And they're trying to hand on their business to their children or their grandchildren or someone else they choose, and government's going to come in and grab up to 55 percent of that estate, and that impacts farmers and ranchers in particular, and many other small businesses. The very heart of economic recoveries in this country have always been driven by small business. It isn't the folks that hire a thousand people at a time. It's the ones that take--add one person, or take a part-time person to full time. And that's what I'm hearing at home, and they're frustrated. But they're ready to roll up their sleeves and go to work, and they expect Congress and Washington to do the same.
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Tim Huelskamp
Kansas
Source
govinfo.gov
Sep 10, 2012

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