05 LC 98
0348
Senate
Resolution 302
By:
Senators Shafer of the 48th, Rogers of the 21st, Staton of the 18th, Cagle of
the 49th, Weber of the 40th and others
ADOPTED
SENATE
A
RESOLUTION
Urging
the Congressional Delegation of the State of Georgia to work to abolish the
death tax permanently; and for other purposes.
WHEREAS,
under tax relief legislation passed in 2001, the death tax was temporarily
phased out but not permanently eliminated; and
WHEREAS,
farmers and other small business owners will face losing their farms and
businesses if the federal government resumes the heavy taxation of citizens at
death; and
WHEREAS,
this is a tax that is particularly damaging to families who are working
their
way up the ladder and trying to accumulate wealth for the first time; and
way up the ladder and trying to accumulate wealth for the first time; and
WHEREAS,
employees suffer layoffs when small and medium businesses are liquidated to pay
death taxes; and
WHEREAS,
if the death tax had been repealed in 1996, the United States economy would have
realized billions of dollars each year extra output and an average of 145,000
additional new jobs would have been created; and
WHEREAS,
having repeatedly passed in the United States House of Representatives and
Senate, repeal of the death tax holds wide bipartisan support.
NOW,
THEREFORE, BE IT RESOLVED BY THE SENATE that this body urges Georgia's elected
Representatives and Senators in the United States Congress to support, work to
pass, and vote for the immediate and permanent repeal of the death
tax.
BE
IT FURTHER RESOLVED that the Secretary of the Senate is authorized and directed
to transmit appropriate copies of this resolution to the members of Georgia's
Congressional Delegation.