Bill Shuster: “I had a conversation with a gentleman today who is a local businessman and employs about 120 people in one of my…”

“I had a conversation with a gentleman today who is a local businessman and employs about 120 people in one of my counties back in Pennsylvania. I am just going to call him Harold. I had a conversation with Harold on the phone today, and it was about the negative impact of these tax increases if we don't act on them. Harold's wife, Delores, just had a health scare, and so Harold has been looking at the business and what would happen if he were to pass away. He said, you in Congress need to pass the death tax because if you don't, if I pass away, it is going to cost his children millions, up to several millions of dollars in taxes that they are going to have to pay in Federal and State tax, mainly Federal tax, to keep the business. He said, my children won't have access to that kind of cash, so they will have to liquidate the business if I were to die.”