Kevin Brady: ‘Eliminating that Death Tax Creates 140,000 New Jobs in America’

DEUTSCH Congressman I m ░░░░░░░░ you have many constituents ░░░░░░░░ your district hardworking people ░░░░░░░░ 80 000 a year ░░░░░░░░ they will see a ░░░░░░░░ 000 tax break But ░░░░░░░░ do you explain to ░░░░░░░░ when probably the biggest ░░░░░░░░ this country is faced ░░░░░░░░ the disparity between the ░░░░░░░░ and the middle class ░░░░░░░░ somebody like myself and ░░░░░░░░ financially well off people ░░░░░░░░ longer will have an ░░░░░░░░ tax and alternative minimum ░░░░░░░░ Yes the middle class ░░░░░░░░ getting a very small ░░░░░░░░ break But if the ░░░░░░░░ disparity continues to grow ░░░░░░░░ do you explain that ░░░░░░░░ that person BRADY I ░░░░░░░░ if you want to ░░░░░░░░ the income disparity just ░░░░░░░░ with the current tax ░░░░░░░░ We know what that ░░░░░░░░ already produced DEUTSCH But ░░░░░░░░ do you explain the ░░░░░░░░ tax just specifically those ░░░░░░░░ BRADY If I might ░░░░░░░░ answer the AMT that ░░░░░░░░ that second level of ░░░░░░░░ hits a lot of ░░░░░░░░ income families and beyond ░░░░░░░░ in the New York ░░░░░░░░ for example or in ░░░░░░░░ York it requires people ░░░░░░░░ do their taxes twice ░░░░░░░░ usually ends up tapping ░░░░░░░░ for another 7 500 ░░░░░░░░ we do away with ░░░░░░░░ AMT We also clear ░░░░░░░░ the underbrush that punishes ░░░░░░░░ at whatever income level ░░░░░░░░ re at in the ░░░░░░░░ In the death tax ░░░░░░░░ the way my belief ░░░░░░░░ it isn t paid ░░░░░░░░ the super wealthy It ░░░░░░░░ burdened by our family ░░░░░░░░ farms and businesses who ░░░░░░░░ a lifetime to build ░░░░░░░░ a nest egg That ░░░░░░░░ where the damage is ░░░░░░░░ And by the way ░░░░░░░░ that death tax creates ░░░░░░░░ 000 new jobs in ░░░░░░░░ so if we want ░░░░░░░░ help get people back ░░░░░░░░ work and get the ░░░░░░░░ going stop punishing success ░░░░░░░░ a lifetime of hard ░░░░░░░░ Double triple taxation for ░░░░░░░░ you do as a ░░░░░░░░ business or farmer is ░░░░░░░░ wrong GEIST We re ░░░░░░░░ at the beginning of ░░░░░░░░ process so I m ░░░░░░░░ we ll be talking ░░░░░░░░ you a bunch over ░░░░░░░░ next few weeks and ░░░░░░░░ Congressman Kevin Brady thank ░░░░░░░░ for your time.”