Family-owned Quotes

The death tax robs parents of the opportunity to pass something along to their children, and it is responsible for destroying a lot of family-owned businesses.

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.

The Hispanic community values entrepreneurship and family-owned businesses, and we deserve a leader in Washington who is dedicated to creating an environment where our values, our goals and our dreams of prosperity can become reality.

The death tax causes one-third of all family-owned small businesses to liquidate after the death of the owner. It is also an unfair tax because the assets have already been taxed once at their income level.