Chuck Schumer actually said...
... any organic business--a farm, a small business, and frankly a large business--that would have to be broken up because of the extent of the tax should not be. A business is an ongoing organism. It employs sometimes 10 people and sometimes 10,000 people. To have to break that business up to pay any tax, to me, is counterproductive.
Context
Schumer argues against breaking up businesses due to estate taxes.
04/26/2021