I am pleased that he embraces the notion of death tax relief for family farms. I am sorry he neglected to offer us the name of the source for his analysis that smaller farms would be helped. I look forward to a response on their side on their time with that information. What I would also like to point out is correspondence that the Speaker has received from the Small Business Survival Committee, Mr. Speaker. It reads, and I quote, ``The alternative offered by the minority, the alternative is a de facto tax increase on small businesses, that are the leading source of new jobs and economic expansion in America. The alternative to the tax plan being considered today would severely jeopardize the financial security of the small business community.'' I would reiterate that when we take a look at the package being offered as the alternative, Mr. Speaker, it offers a net $8 million of tax relief as opposed to the majority common sense plan, $48 billion in tax relief.
NAN A. S. HAYWORTH: “I am pleased that he embraces the notion of death tax relief for family farms. I am sorry he neglected to offer us the…”
Editor's note · Context
Discussing tax relief for family farms and small businesses during a debate on tax policy.
Share
More from NAN A. S. HAYWORTH
The security of our financial system is so important, especially in this digital age where consumers have unprecedented access to financial information.
We want our small businesses to be able to acquire capital, we want investors to be able to engage in that marketplace ever more fully.
The figures we are dealing with are stunning because, to date, the GSEs have consumed approximately $150 billion from our taxpayers.
as the calendar gives way to August, and 435 Representatives of our great country return to their respective districts to catch up with constituents, to spend time with family, to, yes, enjoy a portion of the summer, it gives us a chance…





