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House passes bill to permanently repeal the death tax
U.S. Congressman Mac Thornberry (R-Clarendon) voted today in support of a bill that permanently repeals the death tax. The “Death Tax Repeal Act of 2015,” H.R. 1105, passed the House by a vote of 240-179.
The death tax, also known as the inheritance tax or estate tax, requires families to turn over portions of an inheritance to the government. Small business owners, farmers, and ranchers are often particularly vulnerable to this tax, making it more difficult for future generations to build upon their family’s hard work.
Please follow the this link to download video of Thornberry speaking on the floor of the U.S. House of Representatives in support of the legislation. You can use all or some of the video for news purposes.
Thornberry has introduced or cosponsored a bill to repeal the death tax more than 20 times while serving in Congress. On the opening day of the 114th Congress this year, he filed the “Death Tax Repeal Act,” H.R. 173, which had 79 cosponsors and would permanently repeal the federal estate, gift, and generation-skipping taxes. He was a cosponsor of the bill that passed today, H.R. 1105, introduced by Rep. Kevin Brady (R-TX).