Political Quotes

William F. Smith: “today the House passed a resolution urging Congress to eliminate the death tax. The death tax is the wrong tax on the…”

On the recordSeptember 19, 2002
today the House passed a resolution urging Congress to eliminate the death tax. The death tax is the wrong tax on the wrong people at the wrong time. It punishes those who save and invest. It prevents parents from helping their children; and it forces many farmers, ranchers and small business owners to sell off a lifetime of hard work. The House of Representatives has done its job. Last year we voted to repeal the death tax, but the Senate has not acted on similar legislation. Repealing and reducing taxes leaves more money in working families' pockets. When they spend it or invest it or start a business, new jobs are created and the economy is benefited. Like a weed in a garden, the death tax is not useful, does harm, and needs to be eliminated.
Said by
William F. Smith
Texas
Source
govinfo.gov

Editor's note · Context

Addressing the House's resolution to eliminate the death tax.

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