Political Quotes

On the recordApril 10, 2024
If you eliminate the step up in basis, you are going to pay a 20 percent tax on the gain of anything you ever own in your life.
Said by
Madison Smith
Republican · Missouri

Editor's note · Context

Discussing the implications of tax policy on personal wealth.

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More from Madison Smith

Apr 10, 2024

I think it is interesting that people come in with their concerns about tax fairness, and what is going to happen, and how we are going to meet the deficit that is growing, and we are not focusing on collecting taxes that are already due and owing.

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Jun 11, 2024

We also need to use our trade tools to counter the malign influence of countries like China and Russia.

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Apr 10, 2024

When I think about making America the best place in the world to do business and to work, that is what I want us to be.

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Jun 11, 2024

I am beginning to wonder that the only people opposed to a trade agreement with Kenya happen to be at the White House.

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