On the recordMay 17, 2001
I sympathize with what the Senator says, in terms of people having to sell a business to pay for the tax. That is a different issue. That deals with repeal. Our amendment does not address repeal. It simply says, instead of lowering the rate from the top rate, which is for estates over $3 million, from 55 percent to 45 percent, we lower it from 55 percent to 53 percent, still a lowering, because we have to make choices. We would rather help the family making $80,000 send their kids to college. How does the tax change deal with that?
Source
govinfo.gov
