Upton Sinclair Quotes

It's time we permanently repeal the tax on possessions that people leave to their children.

Currently, not only are Americans taxed on what they earn, but those assets are taxed again when they are passed on to a loved one.

“Death Taxes” are not levied on the dead, who have passed beyond reach of the IRS, but on the heirs who did nothing to earn the money …

I don't like the repeal of the estate tax.

Many countries, even socialist Sweden and former communist Russia, have done away with their death taxes. They found the confiscation of wealth at death to be counterproductive.

In six short years, small business owners and family farmers will once again be assessed a tax on the value of their property at the time of their death, despite having paid taxes throughout their lifetime.

Death should not be a taxable event.

The estate tax punishes years of hard work and robs families of part of their heritage by imposing a huge penalty on inheritance after death - a tax on money that has already been taxed.

But we need to quit taxing people upon death. No taxation without respiration.

On the estate tax, if you look at the couple of groups who are the biggest advocates for repealing the estate tax, it really is the pass-through business, and it's the farmers.

The entire American concept of the 'family business' is put at risk by the death tax.

Now they got such a high inheritance tax on 'em that you won't catch these old rich boys dying promiscuously like they did. This bill makes patriots out of everybody. You sure do die for your country if you die from now on.

We're going to raise the estate tax for wealthy, very wealthy people.

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

With my support, the House of Representatives recently voted to permanently repeal the death tax so that family farms and businesses can be passed down to children and grandchildren.

Death just shouldn't be a taxable event.

It is logical for a U.S. person to give their money away while they are alive, as the government will take it from you when you die in taxes.

I don't want to get into the 'who's a hostage-taker' discussion here, but what is the estate tax? It's a double tax on death. Economists will tell you that it's really not a tax that soaks the rich, but it's a tax on capital that deprives business investment and therefore job creation.

We already have an annual wealth tax on homes, the major asset of the middle class. It's called the property tax. Why not a small annual tax on the value of stocks and bonds, the major assets of the wealthy?

Just dying should not be a reason for taxes.

Dying should not be a taxable event.

Me and my dad are the biggest promoters of an estate tax in the US. It's not a popular position.

I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. I don't think there's any need to eliminate the estate tax.

Gary Cohn doesn't care about the estate tax, I can guarantee you. I can guarantee you.

It is simply unfair for the Internal Revenue Service to lay claim to the bulk of a small business or farm when a death occurs. Federal tax policy should instead be geared toward helping the next generation keep these family-owned operations alive.