TIME TO REPEAL THE DEATH TAX -- (House of Representatives - June 09, 2000)

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   (Mr. KINGSTON asked and was given permission to address the House for 1

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minute and to revise and extend his remarks.)

   Mr. KINGSTON. Mr. Speaker, in the Democrats' not-ending attempt to create class warfare and their obsession of hate and vengeance towards the successful in our society, they forget the small business owner or the family farmer who has to pay as much as 50 percent of their entire value of their assets when they die.

   Just think about a small farm in south Georgia where, for generations, it has been passed down from generation to generation, from mom, dad, mom, dad, daughter and everything, and then the owner dies one day, and in order to pay for the farm, in order to pay for the inheritance, the kids have to sell. Then there is one more strip shopping center.

   Imagine one of the many new women entrepreneurs who owns a small business and builds it up over 20 years, and then has to plan her estate. She wants to pass it to your daughter, but guess what, the Democrats do not want her to. They want that to go to Uncle Sam. What does she do? Simply dies, but on the day that she dies, the Democrat party wants her to be visited not just by the undertaker but by the IRS.

   It is time to repeal the death tax.

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