Congressman Votes To Make Death Tax Permanent

Harry Teague joined Nancy Pelosi today by voting to make the death tax permanent. The death tax is widely viewed as punishment on small businesses and family farms.

Teague and his liberal Democrat allies passed legislation by a 225-200 margin to set the death tax at a rate up to 45% for any holdings remaining at the time of a person's passing.

Over the past decade, Steve Pearce and fellow Republicans have fought to permanently eliminate this tax. The death tax punishes small business and farms by preventing them from being handed down to the next generation. This can force family farms to be broken up and sold to major corporations and small business to close and employees lose their jobs just to pay these taxes.

Harry Teague and the Democrats voted for higher taxes in order to fuel their massive expansion of government programs.

Pearce spokesman Paul Ciaramitaro stated, "Harry Teague is fully on board the tax-and-spend train. He seems to view the death of a New Mexican as an opportunity to tax more. The death tax can punish farms and small businesses when the families can afford it the least."
 
Ciaramitaro continued, "New Mexicans want to be able to pass their savings and their businesses on to their children. They work too hard and for too many years to have the tax-and-spend crowd in Washington snatch away almost half of their life's work. And this is work they have already paid taxes on at least once. It is sad that Harry Teague has yet again voted to side with Speaker Nancy Pelosi on her big government tax-and-spend agenda."