Political Quotes

Kay Bailey Hutchison: In the end, they have put off enjoying the money they worked hard to earn in order to build a more secure future for…

On the recordJune 12, 2002
In the end, they have put off enjoying the money they worked hard to earn in order to build a more secure future for their children. There is an old saying that the key to wealth is not how much you earn but how much you do not spend. These people chose savings over consumption. This is something we should encourage and support, but with the death tax, when they die, the Government takes up to 55 percent of what they saved. This is wrong, and Americans know it.
Said by
Kay Bailey Hutchison
Republican · Texas

Editor's note · Context

Discussing the importance of permanently repealing the death tax.

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