Quotes About Estate Tax

#1. 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.

Mike Fitzpatrick

#2. It is no secret that our tax code is drastically outdated and burdensome to all Americans. Fortunately, more and more people are aware daily of the inequities that arise from things such as the estate tax, and it has come to the forefront of Congress' agenda.

Jeff Miller

#3. Me and my dad are the biggest promoters of an estate tax in the US. It's not a popular position.

Bill Gates

#4. The estate tax has been a disaster. First of all it's double taxation, some people could even say it's triple taxation.

Donald Trump

#5. If we completely repealed the estate tax, it would provide an estimated $32 billion tax break for the Walton family - the founders of Wal-Mart.

Bernie Sanders

#6. The estate taxes, on balance, are good. They get people to give money to charity, and they prevent these family dynasties which keep other people from having opportunities. It may be good for a family, but for society it's probably not good. And I've always been in favor of having an estate tax.

Michael Bloomberg

#7. Everyone's an equal shareholder. Birth shares are inalienable, and death duties are unavoidable. The estate tax is one hundred per cent. In between, you can buy and sell and earn as much as you like.

Ken MacLeod

#8. 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.

Paul Ryan

#9. In the first place, just as income tax returns allow us to study changes in income inequality, estate tax returns enable us to study changes in the inequality of wealth.

Thomas Piketty

#10. When you get rid of the estate tax," he (Warren Buffet) said, "you're basically handing over command of the country's resources to people who didn't earn it. It's like choosing the 2020 Olympic team by picking the children of all the winners at the 2000 Games.

Barack Obama

#11. In 2010 the U.S. will have a payroll tax rate increase, an estate tax increase, and income tax increases. There's also a tax increase coming in 2010 on carried interest. This rate will rise from its current level of 15 percent to 35 percent, and then it will rise again in 2011.

Arthur Laffer

#12. Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support for capital gains taxes and disregard for contracts.

Amity Shlaes

#13. I support exemptions from the estate tax to ensure that when Maine farm owners die, their families will be able to continue to farm the land that they have protected and lived on, often for generations.

Tom Allen

#14. deductible, depreciable, and deferrable - are about reducing your taxable income. No investment does that better than real estate, which offers unprecedented tax advantages both while you own it and when you sell it. Millionaire

Gary Keller

#15. Because walking away isn't that simple anymore, and even if it was, I wouldn't let her.

Claire Contreras

#16. In expectation of his demise, a successful businessman may sell out to his competitors to prepare his estate with readily marketable securities, such as U.S. Treasury bonds. The confiscatory death tax eliminates many family enterprises and promotes the growth of giant corporations.

Hans F. Sennholz

#17. I believe in a graduated income tax on big fortunes, and in ... a graduated inheritance tax on big fortunes, ... increasing rapidly in amount with the size of the estate.

Theodore Roosevelt

#18. I urge people to learn from the mistakes of others. Please drink responsibly and it's never acceptable to drink and drive!

Kim Kardashian

#19. I favor the abolition of all Social Security, Medicare and estate taxes. In their place, we should create a simple income tax system that has no deductions or credits at all.

Ari Fleischer

#20. The best way to keep children at home is to make the home atmosphere pleasant, and let the air out of the tires.

Dorothy Parker

#21. There was such a feeling of peace around them, it was soft and pink and smelled of butter.

Sarah Addison Allen

#22. He said, "Only you." I was alone and he was alone and we had nothing in common short of being human at night.

Monica Drake

#23. When you learn to embrace your flaws is how you learn to love yourself, perfectly.

Nyki Edwinna

#24. Scientists must use the simplest means of arriving at their results and exclude everything not perceived by the senses.

Ernst Mach

#25. We needed a bit of luck.

Mike Kendrick

#26. Wow. And there it is. Your inner asshole just bled through.

Jus Accardo

#27. As exits go, that's a good one. It was pretty hard to have the last word with a vampire.

Charlaine Harris

#28. If an heir is equal to his money, it serves him; if not, it destroys him.

Ayn Rand

#29. Few people think more than two or three times a year," Shaw reportedly said. "I have made an international reputation for myself by thinking once or twice a week.

Steven D. Levitt