Political Quotes

“No, you're making great points. And I think those are points the American people understand, that the American Dream is you work hard, you sacrifice, you take risk, you accumulate wealth, you make profit, and you want to pass it along to your children or grandchildren. You want to provide for them. That is the American way, it's the American Dream. And what does the government do? The government comes in and takes a large portion of it back. There have got to be a lot of people right now thinking that it would be much better, more convenient to die between now and December 31 because the estate, the death tax is zero percent. But if you are unfortunate enough and you die 1 minute after midnight on January 1, it's 55 percent. If you think about someone that owns a business like that gentleman, or a family farm for that matter, I mean, what part of a business or a farm do you sell, do you liquidate in order to come up with 55 percent? If it's a farm, do you sell the livestock? Do you sell the barn, the outbuildings, the acreage, the crops, the equipment, the resources, the inventory? If you sell any of those, you don't have a business or you don't have a farm. And frankly, people don't have jobs because we drive those jobs out. I think there are many taxes like that, but that is just one of the most egregious ones and it's coming back.”