Olin Miller Quotes

If no estate tax is imposed, capital gains taxes can be avoided indefinitely.

The death tax causes one-third of all family-owned small businesses to liquidate after the death of the owner. It is also an unfair tax because the assets have already been taxed once at their income level.

The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.

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

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.

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.

Just dying should not be a reason for taxes.

Estate taxes are the government's way of making up for all the cheating you did on income taxes

That's the problem with very high taxes - they don't redistribute wealth; they redistribute people.

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

It's just wrong to work your whole life to build up a nest egg, build your own business - you pass away, and Uncle Sam can swoop in and take away nearly half of everything you've earned. Can you imagine that? Having to sell off most of your land just to keep it from the government, just to save the house.

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.

People like me, whose income largely comes from dividends, should pay more taxes.

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.

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.

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.

Everyone wants the rich to pay more in taxes.

Marginal tax rates are the lowest they've been in generations, and all we can talk about is tax cuts.

I think we're pretty much where we need to be on corporate 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.

One way to have broader access to wealth is to reduce the tax on the large group and increase the tax on the very top so concentration of wealth doesn't get to extreme levels.

Dying should not be a taxable event.

I've been paying a lot of money in state income taxes, and I've been happy to do it, but when this last thing happened, this 50 percent increase in the tax rate, it was just too much.

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