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Will Senate Democrats Really Cut the Death Tax?

MIke3094 Wrote: Apr 05, 2013 12:28 PM
No, I have never met a politician that didn't like a tax.

One of the most significant votes in the recent Senate budget vote-o-rama was on the federal death tax. Not the disappointingly predictable vote on full repeal, which just two Democrats supported, but the vote on an amendment offered by Senator Mark Warner of Virginia that created a deficit-neutral reserve fund for "the repeal or reduction of the estate tax." It racked up 80 votes, including 35 Democrats. Zero Republicans and just 19 Democrats voted no. So the Senate has voted overwhelmingly to at least reduce the death tax. Good. It really should be fully repealed.

The federal...