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Home > News > Business > Sharron Angle fights to repeal ‘death tax’

Sharron Angle fights to repeal ‘death tax’

By ThisIsReno

SUBMITTED NEWS RELEASE

U.S. Senate candidate Sharron Angle was present at different public events sponsored this week in Reno and Las Vegas by the American Family Business Institute (AFBI), a trade association representing family-owned businesses, ranches and farms. The events were hosted on Wednesday and Thursday by AFBI to witness the signing of the Death Tax Repeal Pledge between Sharron Angle and AFBI President Dick Patten.

Angle discussed the tax’s impact on family businesses, jobs and economic growth while signing AFBI’s “Death Tax Repeal Pledge.” By signing the pledge, Angle commits to vote for repeal of the estate tax, which her opponent, Senator Harry Reid, wants reinstated at a rate of 55 percent or higher.

Angle spokesman Jerry Stacy said, “While Sharron Angle was busy talking to Nevadans this week about the need to eliminate the death tax and creating pro-growth policies that will help the 193,000 unemployed Nevadans, Harry Reid was in Washington working to raise your taxes. Just yesterday, Harry Reid voted against Senator DeMint’s amendment to permanently repeal the death tax. In fact, Harry Reid has a long record of opposing death tax repeal, voting at least 25 times against death tax reform. Harry Reid’s style of leadership continues to hurt our economy, and Nevada is unable to sustain another six years of Reid’s record of higher taxes.”

Background: Senator Reid has consistently fought against death tax reform

In 2011, The Death Tax Will Return To Its Pre-2001 Level Of Taxing Estates At 55%. “The estate tax—which has lapsed since the beginning of the year—will return in 2011. It will be at its highest rate in 10 years, with a tax rate of 55 percent. Those with assets worth less than $1 million at the time of their death will be exempt.” (Kevin Bogardus, “Rivals In Estate Tax Fight Are Calling On Lawmakers To Move On Restoration,” The Hill, 7/21/10)

On July 21 2010, Senator Reid Voted Against A Measure That Would Have Repealed The Death Tax. “Wednesday’s amendment to repeal the estate tax was offered by Sen. Jim DeMint (R., S.C.), in the midst of debate on a bill to extend jobless benefits. The amendment failed by a wide margin of 39-59. The vote was almost entirely on party lines, although two Democrats–Sens. Blanche Lincoln of Arkansas and Ben Nelson of Nebraska–joined Republicans in voting ‘yes.’” (John D. McKinnon, “Estate Tax Vote: An Issue In Fall Vote?” Wall Street Journal’s Washington Wire Blog, 7/21/10)

· Reid Voted Against A Motion To Commit A Bill With Instructions To Provide Death Tax Repeal. “DeMint, R-S.C., motion to suspend Rule 22 to permit the consideration of a DeMint motion to commit the bill to the Finance Committee with instructions that it be reported back with language that would provide for a permanent repeal of the estate tax.” (H.R. 4213, CQ Vote #213: Motion rejected by a vote of 39-59: D 2-54; R 37-3; I 0-2, 7/21/10, Reid Voted Nay)

Over His Career, Reid Has Voted At Least 25 Times Against Relief From The Death Tax. (S. 1429, CQ Vote #230: Rejected 46-54: R 45-9; D 0-45; I 1-0. 7/29/99, Reid Voted Nay; H.R. 2488, CQ Vote #261: Adopted 50-49: R 49-4; D 0-45; I 1-0, 8/5/99, Reid Voted Nay; H.R. 8, CQ Vote #196: Motion Agreed To 53-45: R 52-2; D 1-43, 7/14/00, Reid Voted Nay; H.R. 8, CQ Vote #197: Passed 59-39: R 50-4; D 9-35, 7/14/00, Reid Voted Nay; H. Con. Res. 83, CQ Vote #86: Adopted 65-35: R 50-0; D 15-35, 4/6/01, Reid Voted Nay; H. Con. Res. 83, CQ Vote #98: Adopted 53-47: R 48-2; D 5-45, 5/10/01, Reid Voted Nay; H.R. 1836, CQ Vote #158: Rejected 42-57: R 2-48; D 40-9, 5/22/01, Reid Voted Yea; H.R. 1836, CQ Vote #119: Rejected 35-64: R 0-49; D 35-15, 5/21/01, Reid Voted Yea; H.R. 1836 CQ Vote #123: Motion Rejected 39-60: R 2-47; D 37-13, 5/21/01, Reid Voted Yea; H.R. 1836, CQ Vote #134: Rejected 30-69: R 0-49; D 30-20, 5/22/01, Reid Voted Yea; H.R. 1836, CQ Vote #143: Motion Rejected 43-55: R 2-47; D 41-8, 5/22/01, Reid Voted Yea; H.R. 1836, CQ Vote #144: Motion Rejected 41-58: R 0-49; D 41-9, 5/22/01, Reid Voted Yea; H.R. 1836, CQ Vote #145: Motion Rejected 41-57: R 0-48; D 41-9, 5/22/01, Reid Voted Yea; H.R. 1836, CQ Vote #114: Rejected 43-55: R 1-48; D 42-7, 5/17/01, Reid Voted Yea; H.R. 1836, CQ Vote #122: Motion Rejected 39-60: R 1-48; D 38-12, 5/21/01, Reid Voted Yea; H.R. 8, CQ Vote #164: Motion Rejected 57-41: R 53-2; D 4-38; I 0-1, 6/8/06, Reid Voted Nay; H.R. 5970, CQ Vote #229: Motion Rejected 56-42: R 52-3; D 4-38; I 0-1, 8/3/06, Reid Voted Nay; S. Con. Res. 21, CQ Vote #109: Rejected 44-55: R 44-5; D 0-48; I 0-2, 3/23/07, Reid Voted Nay; S. Con. Res. 21, CQ Vote #159: Motion Agreed To 54-41: R 46-0; D 8-39; I 0-2, 5/9/07, Reid Voted Nay; S. Con. Res. 21, CQ Vote #102: Rejected 48-51: R 48-1; D 0-48; I 0-2, 3/23/07, Reid Voted Nay; S. Con. Res. 70, CQ Vote #77, Rejected 48-50: R 47-1; D 1-47; I 0-2, 3/13/08, Reid Voted Nay; S. Con. Res. 70, CQ Vote #50: Rejected 50-50: R 48-1; D 2-47; I 0-2, 3/13/08, Reid Voted Nay; S. Con. Res. 70, CQ Vote #43: Rejected 47-52: R 47-2; D 0-48; I 0-2, 3/13/08, Reid Voted Nay; S. Con. Res. 13, CQ Vote #146: Adopted 51-48: R 41-0; D 10-46; I 0-2, 4/2/09, Reid Voted Nay; S. Con. Res. 13, CQ Vote #147: Adopted 56-43: R 0-41; D 54-2; I 2-0, 4/2/09, Reid Voted Yea)

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