A Quote by Bill Nelson
It's time we permanently repeal the tax on possessions that people leave to their children.
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With my support, the House of Representatives recently voted to permanently repeal the death tax so that family farms and businesses can be passed down to children and grandchildren.
Rather than passing a thousand pages of tax reform legislation and restarting the tax code manipulation process, we should change the paradigm. It is time to eliminate the IRS and repeal the 16th Amendment.
The death tax should be completely and permanently repealed now in order to make the Tax Code fairer and simpler and to eliminate the harmful drag this tax has on the economy.
It is easy to talk about tax simplification, and we all know it is very difficult to accomplish; but for the last three Congresses, I have offered a tax simplification bill that would include a paid-for repeal of alternative minimum tax.
Repeal the Missouri Compromise - repeal all compromises - repeal the Declaration of Independence - repeal all past history, you still cannot repeal human nature. It will be the abundance of man's heart that slavery extension is wrong; and out of the abundance of his heart, his mouth will continue to speak.
My worry now is that many people are talking about a partial repeal of Obamacare. If you only repeal part of it and you leave if some sort of Obamacare light, which some are talking about, my fear is the situation actually gets worse.
Fewer people working means permanently lower tax revenues.
We do it all the time, we legislate taste. We do it with the tax code. Churches and children get a tax break, because it's assumed that we all agree that we want to encourage churches and children. I don't. I don't. That's my opinion. I don't want to encourage either churches or children, and it's a very bad idea to put them together.
Repeal the Missouri Compromise - repeal all compromises - repeal the Declaration of Independence - repeal all past history, you still can not repeal human nature. It still will be the abundance of man's heart, that slavery extension is wrong; and out of the abundance of his heart, his mouth will continue to speak.
The truth is, however rich people get, they hate paying tax. Some live abroad for a year, or years at a time just to avoid it. Bizarre really - desperate economic migrants are driven to leave their homeland because of poverty; tax exiles are driven overseas by their wealth.
All one can really leave one's children is what's inside their heads. Education, in other words, and not earthly possessions, is the ultimate legacy, the only thing that cannot be taken away.
I don't like the repeal of the estate tax.
The medical device tax repeal is the only proposal that had the most bipartisan votes coming out of the House and has the opportunity in the Senate to gain tractions, and it fixes a part of ObamaCare in terms of repealing an awful tax. And it's got bipartisan support.
Did you know that Puritanism went hand in hand with dirt, that Oliver Cromwell put a 100 per cent tax on soap and that the repeal of the soap tax was one of the most popular acts of Charles II at his Restoration?
The best thing we can do for family values is to repeal the income tax. Then families will have the resources they need to implement their own values - and not those of the politicians. With the income tax gone, families will no longer be forced to have two breadwinners by necessity. Children will be raised better, family values will predominate, and crime will diminish. If your local school indoctrinates your child with values that are alien to you, you'll have the money to buy a private education.
Leave everything. Leave Dada. Leave your wife. Leave your mistress. Leave your hopes and fears. Leave your children in the woods. Leave the substance for the shadow. Leave your easy life, leave what you are given for the future. Set off on the roads.
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