Wes Watkins: “I am going home this year, after 20 years of service in this body; 14 years I served on the Democrat side and 6 years…”

“I am going home this year, after 20 years of service in this body; 14 years I served on the Democrat side and 6 years now on the Republican side. And let me say that during those 20 years I probably sponsored or cosponsored the elimination of the death tax, or the estate tax a lot of people like to call it, probably every year. I am also probably one of the biggest backers of a balanced budget, and I am proud that in the last 6 years we balanced the budget and we have paid off $450 million of the debt. Now, I hated to see the downturn in the economic indicators a couple of years ago when it started in, and we have now had a downturn in the economy, which makes it tough. But that does not justify us not eliminating this double taxation. This is double taxation. Taxes are paid as an estate is put together, as a business gets put together, and ranches are put together. Taxes are paid. And when you end up dying, your estate has to pay it or your children. That is wrong.”