[Congressional Record (Bound Edition), Volume 151 (2005), Part 5]
[House]
[Page 6179]
[From the U.S. Government Publishing Office, www.gpo.gov]




                     LET THE DEATH TAX DIE FOR GOOD

  (Mr. PRICE of Georgia asked and was given permission to address the 
House for 1 minute and to revise and extend his remarks.)
  Mr. PRICE of Georgia. Madam Speaker, it is time that we bury the 
death tax today, once and for all. For too long the American dream has 
turned into the American nightmare and for too many citizens and 
countless small businesses.
  Many Americans with dreams take risks, invest their savings, work 
long hours, and the government keeps over half of their assets when 
they die, 55 percent. That is the amount Washington takes with the 
death tax, 55 percent, and that is not fair to anyone.
  The death tax undermines our economy, and I know that we can do 
better. It costs our economy over 250,000 jobs a year. That is a 
quarter of a million people who should be collecting paychecks rather 
than unemployment checks.
  Madam Speaker, the death tax is hurting families, and it is killing 
our small businesses. Freedom and liberty demand that hard-working 
Americans be able to leave their children the results of their success, 
not have Washington get a windfall. Let us act today and let the death 
tax die for good.

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