--- title: "Meaning & Key Takeaway of: I do not believe that the top rate should…" description: "\"I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. I don't think there's any need to elim..." image: "https://sms4smile.com/quotes/i/e02/susan-collins-8729_believe_i-do-not-believe-that-the-top-rate-shoul_1700623.jpg" --- # I do not believe that the top rate should be lowered for… ![“I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. I don't think there's any need to eliminate the estate tax.” quote by Susan Collins](https://sms4smile.com/quotes/i/e02/susan-collins-8729_believe_i-do-not-believe-that-the-top-rate-shoul_1700623.jpg) [Download](https://sms4smile.com/quotes/i/e02/susan-collins-8729_believe_i-do-not-believe-that-the-top-rate-shoul_1700623.jpg) [Open image](https://sms4smile.com/quotes/i/e02/susan-collins-8729_believe_i-do-not-believe-that-the-top-rate-shoul_1700623.jpg) > “I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. I don't think there's any need to eliminate the estate tax.” [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) ## About This Quote This interpretation was drafted with AI assistance. It is one reading of the quote, not the author's own explanation. She argues against lowering top tax rates for high earners, supporting the estate tax. **In simple terms:** Keep tax rates for the wealthy unchanged. Key Takeaway Support progressive taxation. Themes economics policy taxation Mood critical analytical Type political policy When to use this quote - budget planning - policy advocacy - financial education Key Concepts wealth inequality public finance Questions to Reflect On - What are the economic impacts of high estate taxes? - How can tax policy balance fairness and growth? A Different Perspective Higher taxes may discourage investment. ★ ★ ★ ★ ★ No ratings yet [Estate tax](https://sms4smile.com/quotes/about/estate-tax/) [Tax](https://sms4smile.com/quotes/about/tax/) [Taxes](https://sms4smile.com/quotes/about/taxes/) ## Related quotes > [Democrats who see virtue in the estate tax are doing the equivalent of aborting future enterprises. They deprive businesses of oxygen with their support…](https://sms4smile.com/quotes/amity-shlaes/democrats-who-see-virtue-in-the-estate-tax-are-doing-the-equivalent/) [Amity Shlaes](https://sms4smile.com/quotes/author/amity-shlaes/) > [I don't like the repeal of the estate tax.](https://sms4smile.com/quotes/stanley-druckenmiller/i-don-t-like-the-repeal-of-the-estate-tax/) [Stanley Druckenmiller](https://sms4smile.com/quotes/author/stanley-druckenmiller/) > [If no estate tax is imposed, capital gains taxes can be avoided indefinitely.](https://sms4smile.com/quotes/richard-thaler/if-no-estate-tax-is-imposed-capital-gains-taxes-can-be-avoided/) [Richard Thaler](https://sms4smile.com/quotes/author/richard-thaler/) > [The estate taxes, on balance, are good. They get people to give money to charity, and they prevent these family dynasties which keep other…](https://sms4smile.com/quotes/michael-bloomberg/the-estate-taxes-on-balance-are-good-they-get-people-to-give-money-to/) [Michael Bloomberg](https://sms4smile.com/quotes/author/michael-bloomberg/) > [“So we call it “the estate tax,” which sounds very adult and respectable and vaguely French Revolution. Nobody really thinks of themselves has owning…](https://sms4smile.com/quotes/andrew-heaton/so-we-call-it-the-estate-tax-which-sounds-very-adult-and-respectable/) [Andrew Heaton](https://sms4smile.com/quotes/author/andrew-heaton/) > [Many people are smart enough to know how to manage themselves out of the estate tax.](https://sms4smile.com/quotes/gary-cohn/many-people-are-smart-enough-to-know-how-to-manage-themselves-out-of/) [Gary Cohn](https://sms4smile.com/quotes/author/gary-cohn/) > [“When you get rid of the estate tax,” he said, “you’re basically handing over command of the country’s resources to people who didn’t earn…](https://sms4smile.com/quotes/barack-obama/when-you-get-rid-of-the-estate-tax-he-said-you-re-basically-handing/) [Barack Obama](https://sms4smile.com/quotes/author/barack-obama/) > [Me and my dad are the biggest promoters of an estate tax in the US. It's not a popular position.](https://sms4smile.com/quotes/bill-gates/me-and-my-dad-are-the-biggest-promoters-of-an-estate-tax-in-the-us-it/) [Bill Gates](https://sms4smile.com/quotes/author/bill-gates/) > [If we completely repealed the estate tax, it would provide an estimated $32 billion tax break for the Walton family - the founders of Wal-Mart.](https://sms4smile.com/quotes/bernie-sanders/if-we-completely-repealed-the-estate-tax-it-would-provide-an/) [Bernie Sanders](https://sms4smile.com/quotes/author/bernie-sanders/) > [On the estate tax, if you look at the couple of groups who are the biggest advocates for repealing the estate tax, it really…](https://sms4smile.com/quotes/gary-cohn/on-the-estate-tax-if-you-look-at-the-couple-of-groups-who-are-the/) [Gary Cohn](https://sms4smile.com/quotes/author/gary-cohn/) > [It is no secret that our tax code is drastically outdated and burdensome to all Americans. Fortunately, more and more people are aware daily…](https://sms4smile.com/quotes/jeff-miller/it-is-no-secret-that-our-tax-code-is-drastically-outdated-and/) [Jeff Miller](https://sms4smile.com/quotes/author/jeff-miller/) > [“If an heir is equal to his money, it serves him; if not, it destroys him.”](https://sms4smile.com/quotes/ayn-rand/if-an-heir-is-equal-to-his-money-it-serves-him-if-not-it-destroys-him/) [Ayn Rand](https://sms4smile.com/quotes/author/ayn-rand/) > [“the group couldn’t find a single family farm put out of business by the estate tax.”](https://sms4smile.com/quotes/jane-mayer/the-group-couldn-t-find-a-single-family-farm-put-out-of-business-by/) [Jane Mayer](https://sms4smile.com/quotes/author/jane-mayer/) > [There is no tax policy that better describes how out of touch America's liberals are with the rest of the country than the estate…](https://sms4smile.com/quotes/kevin-hassett/there-is-no-tax-policy-that-better-describes-how-out-of-touch-america/) [Kevin Hassett](https://sms4smile.com/quotes/author/kevin-hassett/) > [We're going to raise the estate tax for wealthy, very wealthy people.](https://sms4smile.com/quotes/lawrence-o-donnell/we-re-going-to-raise-the-estate-tax-for-wealthy-very-wealthy-people/) [Lawrence O'Donnell](https://sms4smile.com/quotes/author/lawrence-o-donnell/) ## More by Susan Collins > [Loving isn't liking and it takes liking to live together.](https://sms4smile.com/quotes/susan-collins/loving-isn-t-liking-and-it-takes-liking-to-live-together/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [“Let the games begin!”](https://sms4smile.com/quotes/susan-collins/let-the-games-begin/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [I want to help the middle class.](https://sms4smile.com/quotes/susan-collins/i-want-to-help-the-middle-class/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [I do not think it is going to be constructive to repeal a law that, at this point, is so interwoven in our health…](https://sms4smile.com/quotes/susan-collins/i-do-not-think-it-is-going-to-be-constructive-to-repeal-a-law-that-at/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [I am a congenital optimist.](https://sms4smile.com/quotes/susan-collins/i-am-a-congenital-optimist/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [We need to heal this country.](https://sms4smile.com/quotes/susan-collins/we-need-to-heal-this-country/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [Leaders are visionaries. They see the outcome. Leaders are communicators. They tell us what they're seeing. They hold the dream, letting us feel that…](https://sms4smile.com/quotes/susan-collins/leaders-are-visionaries-they-see-the-outcome-leaders-are/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [I have, year after year, been named the most bipartisan member of the whole United States Senate. I have proved my independence.](https://sms4smile.com/quotes/susan-collins/i-have-year-after-year-been-named-the-most-bipartisan-member-of-the/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [It is important that we enact immigration reform.](https://sms4smile.com/quotes/susan-collins/it-is-important-that-we-enact-immigration-reform/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [Donald Trump, in my judgment, would make a perilous world even more dangerous. I worry that his tendency to lash out and his ill-informed…](https://sms4smile.com/quotes/susan-collins/donald-trump-in-my-judgment-would-make-a-perilous-world-even-more/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [We can never fully repay the debt of our proud nation to those who have laid down their lives for our country. The best…](https://sms4smile.com/quotes/susan-collins/we-can-never-fully-repay-the-debt-of-our-proud-nation-to-those-who/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [John McCain felt very strongly about virtually every issue that he tackled, but it was never based in partisanship. He didn't try to score…](https://sms4smile.com/quotes/susan-collins/john-mccain-felt-very-strongly-about-virtually-every-issue-that-he/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [I did work well with Hillary Clinton when she was my colleague in the Senate, and I certainly don't bear her any ill will.…](https://sms4smile.com/quotes/susan-collins/i-did-work-well-with-hillary-clinton-when-she-was-my-colleague-in-the/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [Taking the time to read to children is not only a worthwhile investment but also a wonderful experience. I have visited 119 schools in…](https://sms4smile.com/quotes/susan-collins/taking-the-time-to-read-to-children-is-not-only-a-worthwhile/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) > [I kept hoping that Donald Trump, once he won the primary, would change. I hoped that we would see a new Donald Trump, one…](https://sms4smile.com/quotes/susan-collins/i-kept-hoping-that-donald-trump-once-he-won-the-primary-would-change/) [Susan Collins](https://sms4smile.com/quotes/author/susan-collins/) [Explore all 77 Susan Collins quotes ](https://sms4smile.com/quotes/author/susan-collins/) ## More Believe quotes > [I actually think acting is a form of self-hypnosis. You have to be hyper, hyper aware of what's going on around you. You have…](https://sms4smile.com/quotes/julianne-moore/i-actually-think-acting-is-a-form-of-self-hypnosis-you-have-to-be/) [Julianne Moore](https://sms4smile.com/quotes/author/julianne-moore/) > [Some people still believe you should just fall in line with what's going on - and that's scary. It makes a mockery of freedom…](https://sms4smile.com/quotes/emily-robison/some-people-still-believe-you-should-just-fall-in-line-with-what-s/) [Emily Robison](https://sms4smile.com/quotes/author/emily-robison/) > [The truth seems to be that propaganda on its own cannot force its way into unwilling minds; neither can it inculcate something wholly new;…](https://sms4smile.com/quotes/eric-hoffer/the-truth-seems-to-be-that-propaganda-on-its-own-cannot-force-its-way/) [Eric Hoffer](https://sms4smile.com/quotes/author/eric-hoffer/) > [Resist discouragement by speaking His Word over your future. Keep standing. Keep hoping; keep believing because He is working behind the scenes. He's going…](https://sms4smile.com/quotes/joel-osteen/resist-discouragement-by-speaking-his-word-over-your-future-keep/) [Joel Osteen](https://sms4smile.com/quotes/author/joel-osteen/) > [I can't believe that I'm sitting in meetings with Steven Spielberg, Tom Hanks, and Annette Bening. I want to take on that responsibility to…](https://sms4smile.com/quotes/roger-ross-williams/i-can-t-believe-that-i-m-sitting-in-meetings-with-steven-spielberg/) [Roger Ross Williams](https://sms4smile.com/quotes/author/roger-ross-williams/) > [There is no such word as item girl in the dictionary. People have created this word and I don't believe that I am an…](https://sms4smile.com/quotes/shefali-zariwala/there-is-no-such-word-as-item-girl-in-the-dictionary-people-have/) [Shefali Zariwala](https://sms4smile.com/quotes/author/shefali-zariwala/) > [I understand that it's the music that keeps me alive... That's my lifeblood. And to give that up for, like, the TV, the cars,…](https://sms4smile.com/quotes/bruce-springsteen/i-understand-that-it-s-the-music-that-keeps-me-alive-that-s-my/) [Bruce Springsteen](https://sms4smile.com/quotes/author/bruce-springsteen/) > [I don't really like too much credit. I know nobody's going to believe this, but I'd rather be able to score goals and nobody…](https://sms4smile.com/quotes/bradley-wright-phillips/i-don-t-really-like-too-much-credit-i-know-nobody-s-going-to-believe/) [Bradley Wright-Phillips](https://sms4smile.com/quotes/author/bradley-wright-phillips/) > [“What I have a problem with is not so much religion or god, but faith. When you say you believe something in your heart…](https://sms4smile.com/quotes/penn-jillette/what-i-have-a-problem-with-is-not-so-much-religion-or-god-but-faith/) [Penn Jillette](https://sms4smile.com/quotes/author/penn-jillette/) > [Bush reiterated his stand to conservatives opposing his decision on stem cell research. He said today he believes life begins at conception and ends…](https://sms4smile.com/quotes/jay-leno/bush-reiterated-his-stand-to-conservatives-opposing-his-decision-on/) [Jay Leno](https://sms4smile.com/quotes/author/jay-leno/) > [Never underestimate the power of the human mind to believe what it wants to believe, no matter the conflicting evidence.](https://sms4smile.com/quotes/brian-herbert/never-underestimate-the-power-of-the-human-mind-to-believe-what-it/) [Brian Herbert](https://sms4smile.com/quotes/author/brian-herbert/) > [To believe in love, to be ready to give up anything for it, to be willing to risk your life for it, is the…](https://sms4smile.com/quotes/leonardo-dicaprio/to-believe-in-love-to-be-ready-to-give-up-anything-for-it-to-be/) [Leonardo DiCaprio](https://sms4smile.com/quotes/author/leonardo-dicaprio/) > [That's why I don't generally talk about endorsements because I don't believe we have to tell people who to vote for.](https://sms4smile.com/quotes/martin-luther-king-iii/that-s-why-i-don-t-generally-talk-about-endorsements-because-i-don-t/) [Martin Luther King III](https://sms4smile.com/quotes/author/martin-luther-king-iii/) > [Mankind have been slow to believe that order reigns in the universe-that the world is a cosmos and a chaos.](https://sms4smile.com/quotes/james-a-garfield/mankind-have-been-slow-to-believe-that-order-reigns-in-the-universe/) [James A. Garfield](https://sms4smile.com/quotes/author/james-a-garfield/) > [We instantly believe everything we think. Isn't that insane? It's good for us to explore the depravity of our minds, so we know we…](https://sms4smile.com/quotes/krishna-das/we-instantly-believe-everything-we-think-isn-t-that-insane-it-s-good/) [Krishna Das](https://sms4smile.com/quotes/author/krishna-das/) Browse all 47,704 Believe quotes ```json { "@context": "https://schema.org", "@graph": [ { "@type": "Quotation", "text": "I do not believe that the top rate should be lowered for individuals who are making more than $1 million a year. 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