Majority Whip DeLay Statement on House Floor: Full Repeal of Unfair Death Tax

Apr 04, 2001, 01:00 ET from Office of the Majority Whip

    WASHINGTON, April 4 /PRNewswire/ -- Majority Whip Tom DeLay (R-TX) made
 the following statement on the House Floor today to oppose the Democrat
 substitute, and argue in support of full repeal of the unfair Death Tax.
     Congressman DeLay's Statement Follows:
 
     "Members should oppose the Democrat substitute amendment because it denies
 the across-the-board tax relief that the American people want and demand.  The
 Democrats dangle partial relief, but we repeal the Death Tax.  Let's set aside
 the specific dates and figures to examine the underlying dispute in this
 debate.  And we should look beneath the surface, because the reason our
 parties disagree on this proposal stems from our core convictions.
     "Republicans support Death Tax repeal because we believe that the federal
 government has no legitimate right to tax income twice.  We believe that
 families are entitled to keep what they've earned over the years.  These
 families have already paid taxes on their assets.  Taxing them twice is wrong.
 All the Democrat objections flow from a single motivation: The desperate
 desire to preserve a stream of revenue.  Democrats oppose Death Tax repeal
 because it would cut off a source of revenue.
     "The Democrat's substitute is compromised by a flawed understanding that
 stubbornly refuses to accept a fundamental point: Tax dollars belong to the
 people who earn them, not the federal government.  The Democrats are terrified
 by the prospect of foreclosing any source of taxation.  We want to let people
 keep more of what they earn.
      "The bottom line is this: Without full repeal, any Death Tax relief
 measure is no more than a placebo.  To cure the Death Tax, you've got to kill
 it, by ending it once and for all.  The only plausible reason for opposing
 Death Tax repeal is the unstated ambition to one day restore the Death Tax in
 its current aggressive form.
     "We want to let American families keep what they've earned but the
 Democrat leadership has designs for those tax dollars.  That's why they do not
 and will not support Death Tax repeal."
 
 

SOURCE Office of the Majority Whip
    WASHINGTON, April 4 /PRNewswire/ -- Majority Whip Tom DeLay (R-TX) made
 the following statement on the House Floor today to oppose the Democrat
 substitute, and argue in support of full repeal of the unfair Death Tax.
     Congressman DeLay's Statement Follows:
 
     "Members should oppose the Democrat substitute amendment because it denies
 the across-the-board tax relief that the American people want and demand.  The
 Democrats dangle partial relief, but we repeal the Death Tax.  Let's set aside
 the specific dates and figures to examine the underlying dispute in this
 debate.  And we should look beneath the surface, because the reason our
 parties disagree on this proposal stems from our core convictions.
     "Republicans support Death Tax repeal because we believe that the federal
 government has no legitimate right to tax income twice.  We believe that
 families are entitled to keep what they've earned over the years.  These
 families have already paid taxes on their assets.  Taxing them twice is wrong.
 All the Democrat objections flow from a single motivation: The desperate
 desire to preserve a stream of revenue.  Democrats oppose Death Tax repeal
 because it would cut off a source of revenue.
     "The Democrat's substitute is compromised by a flawed understanding that
 stubbornly refuses to accept a fundamental point: Tax dollars belong to the
 people who earn them, not the federal government.  The Democrats are terrified
 by the prospect of foreclosing any source of taxation.  We want to let people
 keep more of what they earn.
      "The bottom line is this: Without full repeal, any Death Tax relief
 measure is no more than a placebo.  To cure the Death Tax, you've got to kill
 it, by ending it once and for all.  The only plausible reason for opposing
 Death Tax repeal is the unstated ambition to one day restore the Death Tax in
 its current aggressive form.
     "We want to let American families keep what they've earned but the
 Democrat leadership has designs for those tax dollars.  That's why they do not
 and will not support Death Tax repeal."
 
 SOURCE  Office of the Majority Whip