Political Quotes

Lee Terry: I appreciate that. I have just become so focused. As the gentleman from Florida (Mr. Weldon) said, the morality of just…

On the recordJune 5, 2002
I appreciate that. I have just become so focused. As the gentleman from Florida (Mr. Weldon) said, the morality of just confiscating one's work product for the sake of having revenues, we leave out the economic component of in essence taking away a business. We hear speakers, and we are going to hear them tomorrow when the bill comes up, that say that this is not real; that people do not really have to sell their businesses to meet the death tax; that it is a phony argument. Well, I want to read an article from the Omaha World-Herald from December 11, 2001. So it is not like we have to go back to the archives of years past to come up with an article that is relevant to our discussion today. But it is about a ranch in western Nebraska, of which kind of the theme of it was Ted Turner buying another ranch in Nebraska. Let me just read some highlights from this article in the Omaha World-Herald, and I will give them their copyright credits here. It is talking about media mogul Ted Turner added another 12,300 acres of Cherry County grazing land to his bison ranching empire.
Said by
Lee Terry
Nebraska

Editor's note · Context

Discussing the impact of the death tax on businesses during a floor speech.

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