"If we don't act now, the death tax will come back in just a few years. Under current law the death tax is phased out in 2010 but comes back in full force in 2011. That is a ridiculous and untenable policy"
- Kit Bond
About this Quote
This quote by Kit Bond is referring to the death tax, which is a tax troubled the estate of a deceased individual. Bond is alerting that if action is not taken now, the death tax will return in a few years. Under existing law, the death tax is phased out in 2010, but will return completely force in 2011. Bond believes this policy is ridiculous and untenable, and that action requires to be taken now in order to prevent the death tax from returning. He is prompting individuals to act now in order to avoid the death tax from coming back in the future. By acting now, individuals can ensure that the death tax does not come back which the estates of departed individuals are not taxed.
This quote is written / told by Kit Bond somewhere between March 6, 1939 and today. He/she was a famous Politician from USA.
The author also have 28 other quotes.
"Death is no more than passing from one room into another. But there's a difference for me, you know. Because in that other room I shall be able to see"