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House Proceeding 12-03-09 on Dec 3rd, 2009 :: 0:23:15 to 0:25:20
Total video length: 1 hours 11 minutes Stream Tools: Stream Overview | Edit Time

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Wally Herger

0:23:11 to 0:23:31( Edit History Discussion )

Wally Herger: halff what you've spent a lifetime building up and wanting to hand down to your children and grandchildren. with that, i yield three minutes to my distinguished colleague from california who has worked on this issue as a senior member of the ways and means, mr. herger of california. the speaker pro tempore: the gentleman is recognized for three minutes.

Wally Herger

0:23:15 to 0:25:20( Edit History Discussion )
Speech By: Wally Herger

Wally Herger

0:23:32 to 0:23:54( Edit History Discussion )

Wally Herger: mr. herger: i thank my friend and gentleman from texas for all the work you've done on this incredibly cruel tax. mr. speaker, far too many families have faced the grim prospect of selling the family farm or business in order to pay the taxes that are due when a loved one dies. my own cousins had to sell their farm that had been in our

Wally Herger

0:23:55 to 0:24:16( Edit History Discussion )

Wally Herger: family since the early 1900's, just to pay the death tax. mr. speaker, this is simply wrong. although it's encouraging that congress is attempting to provide a long-term certainty about death tax rates, the bill before us falls far short of a stable solution for agriculture and small business.

Wally Herger

0:24:17 to 0:24:38( Edit History Discussion )

Wally Herger: the proposed exemption is simply family farmers, especially with california and other heavily populated states. worse yet, h.r. 4154 fails to index the exemption amount for

Wally Herger

0:24:39 to 0:25:02( Edit History Discussion )

Wally Herger: inflation, thus guaranteing a repeat of the alternative minim tax disaster with more -- with more and more families facing the death tax in future years. that's why leading pro-agriculture groups like the california farm bill and national cattlemen's as

Wally Herger

0:25:03 to 0:25:20( Edit History Discussion )

Wally Herger: bill. mr. speaker, this house has voted five times since 2001 to repeal the death tax entirely. in fact, no fewer than 65 members of the current democrat majority have voted to fully

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