[Congressional Record Volume 146, Number 89 (Wednesday, July 12, 2000)]
[House]
[Page H5850]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]




                               DEATH TAX

  (Ms. PRYCE of Ohio asked and was given permission to address the 
House for 1 minute and to revise and extend her remarks.)
  Ms. PRYCE of Ohio. Mr. Speaker, the House passed a repeal of the 
death tax last month. We will continue to work to see that this unfair 
tax is repealed.
  The American dream is about the opportunity of every citizen to build 
a better future for themselves and their children through hard work and 
personal initiative. It means building your own business, pouring your 
own sweat into a small farm to turn a profit, saving each day so you 
can leave something to your family.
  Yet it is these Americans who are working so hard, playing the rules 
and paying taxes who, upon their death, become the victims of a tax 
that discounts their dedication, punishes their entrepreneurship, and 
denies their dying wishes.
  Mr. Speaker, as a result of this death tax, only one-third of all 
small businesses and family farms are passed on after the first 
generation. This is not right. Where is the logic?
  Why does the government have to grab someone's life savings out of 
their hands once they die? It is time we eliminate the death tax and 
reinvest in America, so the dreams and values of these folks can be 
carried on to future generations. We need to make sure that death tax 
gets buried.

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