The Onerous Death Tax

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Uploaded by on Feb 15, 2011

Congressman Adrian Smith's question to U.S. Treasury Secretary Tim Geithner about the death tax.

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  • So... From what I get; You're going to spread-load the cost of large estates so that the little guys have to foot the bill?

  • 1/2 of 1 percent of estates....? Probably about the number of people who die in a year that own estates. The truth is that the estate tax, or death tax, is nothing more than a Maxist tactic to confenscate private property by forcing people to sell it off to pay the heavy tax while the federal government has first dibs on buying it up.

  • Good Job Adrian. Glad you kept at him in a polite assertive manner. 

  • We've ran our ranch for 130 years, and have a balanced budget and are not deep in debt. Isn't it lovely that the ranch will have to be sold to pay the estate tax... because you have such a large budget deficit. Thanks a lot. If that happens, I swear I won't re-invest a cent of it in America.

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