If we don't act now, the death tax will come back in just a few years. Under current law the death tax is phased out in 2010 but comes back in full force in 2011. That is a ridiculous and untenable policy.
The death tax punishes the American dream - making it virtually impossible for the average American family to build wealth across generations.
The death tax is one of the leading causes of the dissolution of small businesses.
Hold on to your wallets folks because with the passage of this trillion-dollar baby, the Democrats will be poised to spend as much as $3 trillion in your tax dollars. Taxpayers will be on the hook for spending that will stimulate the debt, stimulate the growth of government, but will do little to stimulate jobs or the economy.
We need to end permanently the tax that punishes American values of savings and investment and of building small businesses and family farms and ranches.
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