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Tuesday, May 02, 2006
"Death Tax" Summit Today
The anti-tax troops are out in full force on Capitol Hill today, participating in the annual Death Tax Summit which includes lobby visits and speeches from prominent GOP Senators. The National Association of Manufacturers' website states:
Small and medium sized manufacturers are invited to participate in the annual Summit for Permanent Death Tax Repeal in Washington, DC on May 2. The fly-in will include representatives from small businesses in all sectors, many of which belong to organizations, like NAM, that participate in the Family Business Estate Tax Coalition. During the day-long event, family business owners will meet with Members of Congress to discuss the impact of the death tax on their ability to create jobs, invest in needed capital improvements, and continue giving to their local community.
We got word that at the events this morning, Senator Jon Kyl (R-AZ) was blunt with the repeal advocate that they did not have close to enough votes for repeal. He also alluded to the fact that if his compromise wasn't accepted now, things could get much worse for their efforts, particularly after November. Majority Leader Frist also cancelled his appearance at the summit this morning, the reasons are still unclear as to why he did this.
More on Kyl's comments can be read in this Washington Post story.
Posted by Becky Lewis
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