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Senate Votes on 08-S050

 


Vote number 08-S050 raising the Death Tax exemption to $5M from $1M
on Feb 13, 2008 regarding bill S.Amdt.4191 to S.Con.Res.70 Kyl Amendment
Results: Amendment rejected, 50-50

CONGRESSIONAL SUMMARY:To protect small businesses, family ranches and farms from the Death Tax by providing a $5 million exemption, a low rate for smaller estates and a maximum rate no higher than 35%.

SUPPORTER'S ARGUMENT FOR VOTING YES:Sen. KYL: This amendment is a reprise of what we did last year in offering to reform the estate tax, sometimes referred to as the death tax. Now, in the budget itself, there is a provision to allow the death tax to be changed from the current law to a top rate of 45% and an exempted amount of $3.5 million, and there are some other features. My amendment would reduce that top rate to no higher than 35% so that if you had more than one rate, at least the top rate could not exceed 35%, and both of the two spouses would have a $5 million exempted amount before the estate tax would kick in. Now, the reason for my amendment is: current law [is] getting up to a high rate of 55% and an exempted amount of either $2 million or

Voting N counts for 2 points on VoteMatch question 11: Tax Reform.



Democrats voting on 08-S050

Daniel Akaka NOHI Democrat Jr Senator
Evan Bayh NOIN Democratic Jr Senator
Jeff Bingaman NONM Democrat Jr Senator
Barbara Boxer NOCA Democratic incumbent
Sherrod Brown NOOH Democratic challenger, U.S. Rep.
Robert Byrd NOWV Democrat Sr Senator
Maria Cantwell NOWA Democrat Jr Senator
Benjamin Cardin NOMD Democratic challenger, U.S. Rep.
Tom Carper NODE Democrat Jr Senator
Bob Casey NOPA Democratic challenger, state treasurer
Hillary Clinton NONY Democrat Jr Senator
Kent Conrad NOND Democrat Sr Senator
Chris Dodd NOCT Democratic incumbent
Byron Dorgan NOND Democratic incumbent
Russell Feingold NOWI Democratic incumbent
Dianne Feinstein NOCA Democrat Sr Senator
Daniel Inouye NOHI Democratic incumbent
Ted Kennedy NOMA Democrat Sr Senator
Amy Klobuchar NOMN DFL challenger, Hennepin County Attorney
Herbert Kohl NOWI Democrat Sr Senator
Patrick Leahy NOVT Democratic incumbent
Joseph Lieberman NOCT Democratic Jr Senator; Gore's VP nominee; ran for Pres. 2004
Blanche Lambert Lincoln YESAR Democratic incumbent
Claire McCaskill NOMO Democratic challenger; state Auditor
Robert Menendez NONJ Democratic appointee; previously U.S. Rep.
Barbara Mikulski NOMD Democratic incumbent
Patty Murray NOWA Democratic incumbent
Ben Nelson NONE Democrat Jr Senator
Bill Nelson NOFL Democrat Sr Senator
Barack Obama NOIL Democratic Jr Senator
Harry Reid NONV Democratic incumbent
Ken Salazar NOCO Democratic Jr Senator
Charles Schumer NONY Democratic incumbent
Debbie Stabenow NOMI Democrat Jr Senator
Jon Tester NOMT Democratic challenger; state Senator
James Webb NOVA Democratic challenger
Sheldon Whitehouse NORI Democratic challenger, previously attorney general
Ron Wyden NOOR Democratic incumbent



Republicans voting on 08-S050

Wayne Allard YESCO Republican Jr Senator
Robert Bennett YESUT Republican incumbent
Kit Bond YESMO Republican incumbent
Sam Brownback YESKS Republican incumbent
Jim Bunning YESKY Republican incumbent
Richard Burr YESNC Republican Jr Senator; previously US Representative
Tom Coburn YESOK Republican Jr Senator; previously US Rep
Bob Corker YESTN Republican challenger
Larry Craig YESID Republican Sr Senator
Michael Crapo YESID Republican incumbent
Jim DeMint YESSC Republican Jr Senator; previously US Representative
Pete Domenici YESNM Republican Sr Senator
John Ensign YESNV Republican Jr Senator
Chuck Grassley YESIA Republican incumbent
Judd Gregg YESNH Republican incumbent
Chuck Hagel YESNE Republican Jr Senator
Orrin Hatch YESUT Republican Sr Senator
Kay Bailey Hutchison YESTX Republican Jr Senator
James Inhofe YESOK Republican Sr Senator
Johnny Isakson YESGA Republican Jr Senator; previously US Representative
Jon Kyl YESAZ Republican Jr Senator
Richard Lugar YESIN Republican Sr Senator
Mel Martinez YESFL Republican Jr Senator; previously US Housing Secretary
John McCain YESAZ Republican incumbent
Lisa Murkowski YESAK Republican incumbent
Richard Shelby YESAL Republican incumbent
Olympia Snowe YESME Republican Sr Senator
Arlen Specter YESPA Republican incumbent
John Thune YESSD Republican Jr Senator; previously US Representative
David Vitter YESLA Republican Jr Senator; previously US Representative
George Voinovich NOOH Republican incumbent
John Warner YESVA Republican Sr Senator



Independents voting on 08-S050

Bernie Sanders NOVT Independent challenger, U.S. Rep



Total votes recorded by OnTheIssues:

Democrats: YES 1; NO 37
Republicans: YES 31; NO 1
Independents: YES 0; NO 1