Political Quotes

On the recordFebruary 9, 2000
I wanted to make four points today about this very important initiative. First, the marriage tax penalty is a penalty. So when people say tax cuts, and we have had all this rhetoric about tax cuts, this is actually a penalty. So we want to do away with penalties. This is an equity issue, a fairness issue. Frankly, I think it is very similar with the death tax. I think the death tax is grossly unfair. Since that money has already been taxed while an individual is living, it is grossly unfair when they die the money is taxed again. And so those really are the two linchpins of equitable taxation, is to eliminate this marriage tax penalty and to eliminate the death tax. I think we should try to do both, and I am very encouraged that we are bringing Democrats and Republicans together around this first step, which is marriage tax penalty relief.
Said by
Zach Wamp
Tennessee

Editor's note · Context

Discussing the importance of marriage tax penalty relief and equitable taxation.

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