Additionally, this tax forces family businesses to invest in Uncle Sam rather than the economy. When families are forced to repurchase businesses because of the death tax, that means less money is being invested in new jobs and capital expansion.
The same tools we need to use to keep this country safe by bringing terrorists to justice, because I guarantee you, if they have the opportunity and the means, they will take American lives.
My constituents in Kansas know the death tax is a duplicative tax on small businesses and family farms that, in many cases, families have spent generations building.
The bottom line is that the death tax is a tax on the economy because it slows economic growth.
Now is not the time to compromise on the economy. Instead, we should be doing everything in our power to support long-term economic growth. Permanent repeal of the death tax will mean more high-quality, high-paying jobs for Americans.
Well, the economic recovery was successful even though the Democrats opposed the reforms every step of the way. And it is clear the Democrats have no clear plan to strengthen our economy, as Republicans do.
The Republican Party is either going to return to the party of fiscal responsibility and consistent conservative principles as it was under Ronald Reagan, or it will continue down the path of 'sporadic moderation.'
So we want to change the tax system. We want it to be fair, and we want to see some tax relief because people do three things when they get a little extra money in their pocket: They save it or they spend it or they invest it.
Ten years ago, Republicans decided it was time to reform our broken welfare system and give welfare recipients the tools they needed to escape the system and build a better life.
