Let me point out something. We are talking about a private property issue. Private property rights is I think the cornerstone of our Nation. It is fundamental. I like liberals. I always have. I think liberals are very important, because they have done some important things for our Nation. They have brought to light certain things that we needed brought to light. But a lot of times their solutions, I do not care for. I think that liberals have a right to believe the way they want to believe. This is America. But one problem that I have, and we disagree strongly with this, there are a lot of liberals in this country who believe that all property belongs to the people collectively. There is no such thing as private property rights. When we look at things like capital gains but more importantly when we look at things like death taxes, it really brings it to the fore. People have to understand that the Federal Government does not own this property. They act as though they do. We as individual citizens have paid for this property. We have paid for this business out of the blood and sweat of our own bodies. The Government has done nothing except try to inhibit us. Because of that, the Government has no right to come in and say, ``We want part of that.'' I believe there should be absolutely no death tax.
James Whittier Parker: “Let me point out something. We are talking about a private property issue. Private property rights is I think the…”
Editor's note · Context
Discussing private property rights and opposition to death taxes.
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