I hear from people of various political persuasions... there is an insistence, not born of greed but of genuine compassion and old-fashioned Yankee ingenuity, that people want to hang on to more of their money to save, spend and invest as they see fit on their families, not rejecting the notion of compassion but to truly be compassionate. And so what I hear... is widespread interest in changing, repealing... death to the death tax, and rethinking and reducing the capital gains taxes. Indeed, we might point out... when we talk about the death tax, it is truth in labeling, because under the current scheme, in the current lexicon, people talk about estate taxes as if this were some sort of palatial gains. It does not tell us the truth.
NAN A. S. HAYWORTH: “I hear from people of various political persuasions... there is an insistence, not born of greed but of genuine…”
Editor's note · Context
Discussing tax reform and the desire to repeal the death tax during a floor speech.
Share
More from NAN A. S. HAYWORTH
Clearly we need that kind of quantitative analysis, because obviously we have to assess the costs and benefits of what we are doing.
where do I begin? Acknowledging that one of the central tenets and challenges of the legislative process is incremental reform, we can all understand that. But also understanding that in terms of truth in labeling, are we in fact engaged…
as my colleague points out, under current law what does this mean? Let me offer an example. If there is a child abuser in California who has been proven through the courts to have a history of child abuse, that history is on record in the…
Recognizing that Dodd-Frank is a massive law that was passed with the best of intentions...





