Mike Ferguson Quotes

Death just shouldn't be a taxable event.

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

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.

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

Just dying should not be a reason for taxes.

We do not believe that death should be a taxable event.

Death should not be a taxable event.

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

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.

Dying should not be a taxable event.

No taxation without respiration.

Death is the most convenient time to tax rich people.

I had nothing to do with death panels. I thought it was a horrible phrase about end of life. I didn't think it was accurate, and I was - I've always been opposed to it. The reason why I stood behind that phrase "death tax" for so many years is because the only time that you could pay that tax, the only time, is on the death of a relative. And that's what makes it a death tax. You have to be accurate.

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.

Washington isn't a city, it's an abstraction.

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.

There are a number of things wrong with Washington. One of them is that everyone is too far from home.

Unfortunately, actions taken by the Senate ensured that relief from the death tax would only be temporary and that it would come back to life at the full rate again in 2011.

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.

Oh, that all the things my father had told me about how disgusting Washington is are true. And again it's the system - there are lots of nice, well-meaning people there. But it's a sleazy place. And politics is all about doing favors.

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.

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.

Whenever you're faced with an explanation of what's going on in Washington, the choice between incompetence and conspiracy, always choose incompetence.

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

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.