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Death Tax Steals the Legacy of Hard-Working Americans
Former U.S. Senate Candidate Herman Cain files Testimony with Congress
Read Herman's testimony | Link to NoDeathTax.org

Washington, DC – While Congress prepares to hear academics and other experts present testimony on the death tax, Herman Cain has told the real story of who the death tax harms.

In a written statement filed with the Senate Finance Committee, Cain shared a detailed account of how his father worked multiple jobs in order to offer a better life to his family – only to have half of his earnings confiscated at death:

"Luther Cain knew something about the American dream. He was the grandson of slaves, had no college education, and no source of capital. Even so, he was determined to make a better life for his family and future generations....Over time, he worked three jobs as a barber, a janitor and a chauffeur at one time to improve his family's lot."

Cain continues: "My father would have been proud to have known that his hard earnings had been well-managed and used to propel his family to ever greater heights. Somehow, I do not think he would be nearly as pleased to learn that nearly half of it never made it into the hands of his grandchildren."

Cain urged the members of the Senate Finance Committee to permanently abolish the death tax. Under current law, the death tax is repealed in 2010, but comes back in 2011 at the confiscatory rate of 55%. Cain is a member of the American Family Business Institute, the leading advocacy group to abolish the death tax. His statement was one of many that were recently filed with the Senate Finance Committee. They can be found on the American Family Business Institute's website: www.nodeathtax.org