A Quote by Kit Bond

According to the Small Business Administration, more than 70 percent of all family businesses do not survive through the second generation, and 8 percent do not make it to a third.

Kit Bond

Quote Topics

According Administration Business Business Administration Businesses Family Family Business Generation Make More Percent Second Small Small Business Survive Than Third Through

Quote Author

Kit Bond
American - Politician
Born: March 6, 1939

The death tax destroys family businesses and stifles investment that leads to increases in jobs and personal income. As a result, 70 percent of family-owned businesses are not passed on to the next generation and 87 percent do not make it to the third generation.

Jennifer Dunn

Obama wants to take the individual small business tax to 44 percent, and the corporate rate - he says - down to 28 percent or whatever. But that really damages the small businesses. And it doesn't make us competitive. You got to take them both down to 20, because state and local corporate taxes are 5 percent.

Grover Norquist

The United States of American business pays the second-highest business taxes in the world, 35 percent. Ireland pays 11 percent. Now, if you're a business person, and you can locate any place in the world, then, obviously, if you go to the country where it's 11 percent tax versus 35 percent, you're going to be able to create jobs, increase your business, make more investment, et cetera. I want to cut that business tax. I want to cut it so that businesses will remain in the United States of America and create jobs.

John McCain

The standard of 'affordable' housing is that which costs roughly 30 percent or less of a family's income. Because of rising housing costs and stagnant wages, slightly more than half of all poor renting families in the country spend more than 50 percent of their income on housing costs, and at least one in four spends more than 70 percent.

Matthew Desmond

The Obama administration is not helping small businesses create jobs. In fact, it is responsible for the regulatory uncertainty nearly 50 percent of small-business owners cite as responsible for their lack of hiring.

Sher Valenzuela

Forests are breaking out all over America. New England has more forests since the Civil War. In 1880, New York State was only 25 percent forested. Today it is more than 66 percent. In 1850, Vermont was only 35 percent forested. Now it's 76 percent forested and rising. In the south, more land is covered by forest than at any time in the last century. In 1936 a study found that 80 percent of piedmont Georgia was without trees. Today nearly 70 percent of the state is forested. In the last decade alone, America has added more than 10 million acres of forestland.

Jonah Goldberg

Small businesses pay 18 percent more than big businesses for health care, the same health care, just because they're small and they have too small a pool of risk.

Karen Mills

First, the oil and gas business pays its fair share of taxes. Despite the current debate on energy taxes, few businesses pay more in taxes than oil and gas companies. The worldwide effective tax rate for our industry in 2010 was 40 percent. That's higher than the U.S. statutory rate of 35 percent and the rate for manufacturers of 26.5 percent.

John S. Watson

More than 60 percent of small businesses face payment delays. That can cause a serious cash flow crisis. So, as president, I will explore new ways to arm small businesses with the tools to fight back and level the playing field.

Hillary Clinton

One of the best programs that the federal government sponsors is the Small Business Innovation Research program, in which more than 2.5 percent of federal research and development funding at the largest agencies goes directly to small businesses.

Raja Krishnamoorthi

There are war-torn countries, people full of poverty, who still voted, 60, 70 percent. If here in the United States of America, we voted at 60 percent, 70 percent, it would transform our politics.

Barack Obama

The president is 100 percent for extending the tax cuts for 98.7 percent of small businesses.

Austan Goolsbee

According to the Gallup Poll, 24 percent of American adults exercised regularly in 1961, and 50 percent after 1968. The peak was 59 percent in 1984, dropping off to 51 percent last September.

Kenneth H. Cooper

You have to be that 1 percent or 2 percent better physically so you have more power and energy left than your opponent when you go to a third set.

Caroline Wozniacki

Ninety-eight percent of all American companies have fewer than 100 employees. Over half of all Americans work for a small business. Small businesses are the backbone of our nation’s economy and we must protect this great resource.....Helping American small business is part of our movement for change and the end of politics as usual.

Barack Obama

... the top 10 percent of incomes pay 70 percent of the income taxes and cast about 25 percent of the vote.