[Congressional Record Volume 146, Number 103 (Thursday, September 7, 2000)]
[House]
[Pages H7284-H7285]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
DEATH TAX OVERRIDE
(Mr. KNOLLENBERG asked and was given permission to address the House
for 1 minute and to revise and extend his remarks.)
Mr. KNOLLENBERG. Mr. Speaker, if there is one thing that makes the
United States a unique country, it is our idea that anyone with a
strong work ethic can succeed in America.
For over 100 years, men and women have emigrated to this country to
take advantage of the tangible ideal we call the American Dream. Not
surprisingly, the Internal Revenue Service is taxing the American Dream
into the grave with a mean-spirited provision called the death tax.
The death tax hurts average Americans who cannot afford to pay high-
price lawyers to settle their affairs. As a result, 70 percent of small
businesses do not survive into the second generation. That is totally
unfair.
This Congress passed a bill to repeal the onerous death tax.
Regrettably, the Clinton-Gore administration vetoed it.
[[Page H7285]]
Let us show the Clinton-Gore administration that the American dream is
still alive. I urge my colleagues to support overriding the death tax
veto.
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