Howard Coble Quotes

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

As a first-generation inheritor, the first mandate is to preserve our family wealth and hopefully increase it.

I hope that the Senate acts quickly to pass this legislation so that Americans will no longer worry about having to sell the family farm or business to pay taxes after the death of a loved one.

My instruction to my parents is that I would rather they enjoy their retirement than leave me anything when they go. I am much happier watching them enjoying life.

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

The death tax punishes the American dream - making it virtually impossible for the average American family to build wealth across generations.

“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 have three lovely children. They are beautiful, talented, and kind-hearted. I'm most proud of them. I love them so much that I will never want to burden them with a large amount of inherited wealth.

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.

The death tax destroys family businesses and stifles investment that leads to increases in jobs and personal income. As a result, 70 percent of family-owned businesses are not passed on to the next generation and 87 percent do not make it to the third generation.

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.

The Bible tells us that we're supposed to leave an inheritance for children.

I wouldn't sacrifice my business for no acting career because my business is something, ultimately, that I know I'm going to pass down to my kids, and that's most important to me than anything else in the world. I can't pass an acting career down to my 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.

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.

It's important my daughters learn from the hard work my wife and I put into this company. Who better to look out for your best interests than family?

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.

I have issues with inheritance tax, particularly coming from a migrant family. My dad has worked incredibly hard all his life, so it seems odd to me that someone who has gone through that experience and has managed to save then gets taxed for dying.

In the end, the American dream is not a sprint, or even a marathon, but a relay. Our families don't always cross the finish line in the span of one generation. But each generation passes on to the next the fruits of their labor.

The death tax is one of the leading causes of the dissolution of small businesses.

When vastly wealthy people say, 'I'm not leaving my kids any money,' it's typically not true.

We all know far too many stories where the third generation just destroys everything that the first two have built up, and I certainly hope my family are different because I've worked too hard and my father has worked too hard for it to be given away.

I spoil my children rotten and hope to leave them enough so they can do the same to theirs.

Just dying should not be a reason for taxes.

The death tax robs parents of the opportunity to pass something along to their children, and it is responsible for destroying a lot of family-owned businesses.