Gohmert Says Estate Tax is Theft: ‘Jesus Never Advocated the Government go Steal’
December 3, 2009
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2 Responses to “Gohmert Says Estate Tax is Theft: ‘Jesus Never Advocated the Government go Steal’”
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Am I reading this bill correctly? Taxing the purchase price rather than the market price of assets means that the heirs all those who suffered stock market losses will be paying taxes on the purchase price of the stock, not the devalued market price.
Either way, Estate taxes are no more thievery than an income tax.
This vote did one thing and one thing only- it threw small business owners, farmers, and ranchers under the bus. The estate tax destroys jobs, it destroys businesses, and right now it is the last thing our struggling economy needs. See what I mean at: http://estatetaxtruth.org/videos/
Lets hope the Senate is a little bit more intelligent than the House.