Roll call vote 315 records the 269-156 passage of a House bill to make some of the estate tax relief permanent. A yes vote effectively raised our taxes, but not as much as they could have been.
John Boehner (R) – Yes
Sherrod Brown (D) – No
Steve Chabot (R) – Yes
David Hobson (R) – Yes
Stephanie Tubbs Jones (D) – No
Marcy Kaptur (D) – No
Dennis Kucinich (D) – No
Steven C. LaTourette (R) – Yes
Robert Ney (R) – Yes
Michael Oxley (R) – Yes
Deborah Pryce (R) – Yes
Ralph Regula (R) – Yes
Tim Ryan (D) – Yes
Jean Schmidt (R) – Yes
Ted Strickland (D) – No
Pat Tiberi (R) – Yes
Michael Turner (R) – Yes
From the Policy and Taxation Group:
The legislation does not accomplish the GOP goal of a full, permanent repeal of the estate tax but rather is a compromise measure. Thomas’ proposal would permanently exempt from the estate tax income up to $5 million for an individual and $10 million for a couple. It would tax remaining assets at 15 percent, the same rate at which capital gains are currently taxed.(skipping)
Thomas called his measure a “reasonable and appropriate compromise” designed to overcome procedural hurdles in the Senate. In April 2005, the House passed a full, permanent estate tax repeal (HR 8) for which there is hearty conservative support.
“The sales message is very simple: Do you want to make a statement or do you want to make a law?” Thomas asked, referring to difficulties in passing full repeal in the Senate. “It was clear with [the Senate] vote that we could not get the Senate to pass full repeal.”
Thomas’ bill is similar to one introduced by Sen. Jon Kyl, R-Ariz. That proposal never made it to the Senate floor after a June 8 procedural vote on a full repeal of the estate tax failed to garner 60 votes needed to move to an estate tax debate.
Is this really a compromise, or is this instead a cave-in before the real compromise in committee?

