Political Quotes

NAN A. S. HAYWORTH: I thank the gentleman, and welcome my friend, the gentleman from Missouri, to this Chamber and to service in the United…

On the recordApril 3, 2001
I thank the gentleman, and welcome my friend, the gentleman from Missouri, to this Chamber and to service in the United States House. My friends from Missouri often say, Show me. Sadly, the Federal government has taken a slogan that Hollywood popularized a few years ago, show me the money, and taken it from family enterprises. It has been noted before, Mr. Speaker, that the power to tax is the power to destroy. Mr. Speaker, nowhere have we seen it with a more egregious impact, with a more unfair specter, with a fundamental departure from our values and ethics, than we have seen with this death tax. Yes, for years it was called an estate tax, offering this type of placid, pastoral recognition. But what it is in reality is the death tax: the destroyer of jobs, the destroyer of economic opportunity, the destroyer of communities and a way of life. Some have come to service on this Hill offering a slogan and a written word, It takes a village. Well, Mr. Speaker, I think it is fair to ask, what happens when we tax the businesses and farms and ranchers in said village literally to death? What happens when we abandon the notion of basic fairness and penalize people whose only offense is to succeed? Why punish those who have worked to establish a growing business, an agricultural or economic enterprise creating jobs, generating wealth, and not coincidentally, Mr. Speaker, paying taxes on those funds even as they are accumulated?
Said by
NAN A. S. HAYWORTH
New York

Editor's note · Context

Addressing the impact of the death tax on family businesses and economic opportunity.

Share

More from NAN A. S. HAYWORTH

Feb 14, 2011

The United States has become an increasingly hostile environment for investment relative to other developed nations.

congress.gov
Jul 27, 2005

I come to the well again, and it seems like only yesterday we were here. In fact, it was yesterday, was it not? And, Madam Speaker, I think we have just seen why my colleague, the gentleman from Pennsylvania (Mr. English), is one of the…

govinfo.gov
Feb 8, 2011

The figures we are dealing with are stunning because, to date, the GSEs have consumed approximately $150 billion from our taxpayers.

congress.gov
Sep 21, 2006

my colleagues, I rise in strong support of the rule and the legislation. Let me start with this observation. With all due respect to my colleague from Massachusetts, it is never a sham when we come to the people's House with legitimately…

govinfo.gov

Other voices in this conversation