The bottom line is that the death tax is a tax on the economy because it slows economic growth.
The bottom line is that the death tax is a tax on the economy because it slows economic growth.
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.
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.
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.
© 2020 Inspirational Stories
© 2020 Inspirational Stories