SHARRON ANGLE FIGHTS TO REPEAL DEATH TAX; HARRY REID LABORS TO KEEP IT ALIVE

NEVADA –U.S. Senate candidate Sharron Angle was
present at different publics events sponsored 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 andAFBI 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 INFORMATION:

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Measure That Would Have Repealed The Death Tax.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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