repeal of Estate Tax

Republicans got a major set back on one of their crown Jewels in the agenda today in the Senate, the vote was 57-41 short of the 60 majority they needed. Hats off to Republican senator Voinovich who for once did the right thing and voted for the people. He mostly votes against the views of those he represents and for Special Interest groups. DeWine (as always) voted with the special interest and against the people he represents.
Both admitted the truth, that the estate tax contributes little to federal Income and the repeal was just another example of pandering to a few very wealthy at the expense of those that do pay taxes.
Voinovich for once took a conservative point of view in that he was not willing to support a tax cut for the wealthy while Federal Spending is in such a mess with massive federal Deficits as far as the eye can see into the next 20 years.
Sen. John Kyl tried to slip in a compromise which also failed. He wanted to exempt those estates over $ 5 million for a single person and $ 10 million for a married couple. Most Americans are already exempt from the estate tax but the Republican Vote was just for pandering the issue to a small special group, nothing more. A ploy in order get more votes in mid term elections.