Archive for the 'Taxes' Category

Senate Democrats Defeat Kyl-Graham Amendment to Extend Some Bush Tax Relief Provisions

March 21, 2007

WASHINGTON – U.S. Senator Lindsey Graham (R-South Carolina) today introduced an amendment along with Senator Jon Kyl (R-Arizona) to the Democratic Budget Resolution extending tax relief for the American taxpayer. The amendment was defeated in the Senate by a vote of 51-47.
The Kyl-Graham amendment:

Established the Death Tax exemption at $5 million and [...]