On the Amendment S.Amdt. 583:
Kyl Amdt. No. 583
; To reform the death tax by setting the exemption at $5 million per estate, indexed for inflation, and the top death tax rate at no more than 35% beginning in 2010; to avoid subjecting an estimated 119,200 families, family businesses, and family farms to the death tax each and every year; to promote continued economic growth and job creation; and to make the enhanced teacher deduction permanent.
: Rejected (48-51, 1 member not voting, 1/2 threshold)
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