Even now, Senate Republicans seek another tax break for the wealthy – MSNBC
Donald Trump had a weird habit of bragging about having eliminated the estate tax, to the point that he actually seemed to believe it. That was unfortunate: the Republicans' regressive tax plan in 2017 narrowed the eligibility of who would be affected by the estate tax, but the GOP did not scrap it altogether.
That said, the party still wants to. Sen. John Kennedy (R-La.) issued this press release yesterday about a re-introduced Republican bill.
Sens. John Kennedy (R-La.) and John Thune (R-S.D.) and fellow lawmakers today reintroduced the Death Tax Repeal Act of 2021 to permanently repeal the federal estate tax, commonly known as the "death tax." The Death Tax Repeal Act would finally end a punitive tax that has the potential to hit family-run farms, ranches and businesses upon the owner's death.
According to the press statement, the new legislation is co-sponsored by half of the Senate Republican conference. It also includes the support of the entirety of the Senate GOP leadership: Senate Minority Leader Mitch McConnell (R-Ky.) is on board, as is Senate Minority Whip John Thune (R-S.C.), who tweeted about the bill late yesteday.
The good news is, Senate Republicans have finally found a policy idea they're eager to work on. The bad news, their policy idea is to give more tax breaks to the wealthiest of the wealthy.
Obviously, given the political circumstances -- Democrats control both the White House and Congress -- this legislation will not succeed. In fact, it won't get a hearing or a vote, either. Republicans know this, but they're eager to champion the proposal anyway.
And that, in and of itself, is extraordinary. As regular readers may recall, the estate tax currently only applies to estates worth more than $22 million. By most estimates, we're talking about a few thousand Americans -- each of whom is among the wealthiest of the wealthy -- who might actually be affected by the tax.
But Senate Republicans are eager to champion the cause of these millionaires and billionaires, even if the bill won't pass.
Sen. Ted Cruz (R-Texas) declared a couple of weeks ago, "The Republican Party is not just the party of country clubs. The Republican Party is the party of steel workers, construction workers, pipeline workers, police officers, firefighters, waiters, and waitresses."
That's nice rhetoric, I suppose, but while Republican senators oppose minimum-wage increases for those waiters and waitresses, they also have no qualms about giving yet another tax break to the country-club crowd.
Complicating matters further is the context: literally today, congressional Democrats are going to pass an ambitious COVID relief package that focuses most of its benefits on low-income and working-class Americans. The New York Times explained over the weekend that the Democrats' American Rescue Plan "would overwhelmingly help low earners and the middle class, with little direct aid for the high earners who have largely kept their jobs and padded their savings over the past year."
A Washington Post report added that the American Rescue Plan "represents one of the most generous expansions of aid to the poor in recent history."
It's against this backdrop that 25 Republican senators decided the time to introduce a bill to give a tax cut to millionaires and billionaires is ... right now? If the GOP is lucky, voters won't notice.
Visit link:
Even now, Senate Republicans seek another tax break for the wealthy - MSNBC
- House Republicans pass DHS funding bill that Democrats call 'dead on arrival' in the Senate - NBC News - March 28th, 2026 [March 28th, 2026]
- For House Republicans, an Exodus Rivaled Only By Trumps First Term - The New York Times - March 28th, 2026 [March 28th, 2026]
- LEADER JEFFRIES ON CNN: "WE WANT REPUBLICANS TO STOP HOLDING TSA AGENTS AND AIR TRAVELERS HOSTAGE TO THEIR EXTREME IMMIGRATION AGENDA" -... - March 28th, 2026 [March 28th, 2026]
- Rep. Emma Greenman - RELEASE: House Republicans Refuse to Stand with the Majority of Minnesotans Who Support Gun Violence Prevention Measures - MN... - March 28th, 2026 [March 28th, 2026]
- Bigotry among young conservatives has Republicans on edge - The Washington Post - March 28th, 2026 [March 28th, 2026]
- Op-ed: Trump-era Republicans are terrible at paying the bills - News and Sentinel - March 28th, 2026 [March 28th, 2026]
- 'A higher moral law': Republicans openly defy Arizona's abortion amendment and their oaths of office - Arizona Mirror - March 28th, 2026 [March 28th, 2026]
- Republicans should think twice before redrawing Floridas congressional maps | Opinion - miamiherald.com - March 28th, 2026 [March 28th, 2026]
- Breaking News: House Republicans rejected a Senate deal to reopen the Department of Homeland Security as a government shutdown crippled airport... - March 28th, 2026 [March 28th, 2026]
- Republicans are already fighting over Trumps $200 billion war supplemental - MS NOW - March 28th, 2026 [March 28th, 2026]
- Senate Republicans try a new gambit with Trump in bid to end partial shutdown - The Boston Globe - March 26th, 2026 [March 26th, 2026]
- Republicans want to give these 16 caucus members $19.6k+ pay raise - The Tennessean - March 26th, 2026 [March 26th, 2026]
- Republicans are conspicuously leaving the door open to boots on the ground in Iran - MS NOW - March 26th, 2026 [March 26th, 2026]
- Republicans Are Mad Brian Kemp Is Standing by His Georgia Senate Endorsement - News of the United States - NOTUS - March 26th, 2026 [March 26th, 2026]
- Prolonged war with Iran and high gas prices could test some Republicans support for Trump: AP-NORC poll - kare11.com - March 26th, 2026 [March 26th, 2026]
- Trump boosts GOP war chest as House Republicans gear up for high-stakes midterm fight - Fox News - March 26th, 2026 [March 26th, 2026]
- Senate Republicans believe they have a solution to reopen DHS and end airport chaos - NBC News - March 26th, 2026 [March 26th, 2026]
- Most Republicans love Trump. A prolonged war in Iran could test that, an AP-NORC poll shows - AP News - March 26th, 2026 [March 26th, 2026]
- Republicans this is on you: Joe urges party to prevent a tragedy and pay TSA - MS NOW - March 26th, 2026 [March 26th, 2026]
- Republicans could've stopped the AES sale. They chose not to. | Opinion - IndyStar - March 26th, 2026 [March 26th, 2026]
- House Republicans Want to Stay Away From Josh Hawleys Abortion Pill Ban - News of the United States - NOTUS - March 26th, 2026 [March 26th, 2026]
- Its a Chaotic Moment in America. Thats Not What Republicans Need. - The New York Times - March 26th, 2026 [March 26th, 2026]
- Most Republicans love Trump. A prolonged war in Iran could test that, an AP-NORC poll shows - Northeast Mississippi Daily Journal - March 26th, 2026 [March 26th, 2026]
- POLITICO: House Republicans introduce bill to go after Canada's Online Streaming Act - Congressman Lloyd Smucker (.gov) - March 26th, 2026 [March 26th, 2026]
- Most Republicans are loyal to Trump. A prolonged war in Iran could test that, an AP-NORC poll shows - Marietta Daily Journal - March 26th, 2026 [March 26th, 2026]
- House Budget chairman reveals how Republicans will pay for the Iran campaign - Fox News - March 26th, 2026 [March 26th, 2026]
- Pa. House Republicans launch Freedom through Affordability Initiative to cut costs - Mon Valley Independent - March 26th, 2026 [March 26th, 2026]
- Most Republicans are loyal to Trump. A prolonged war in Iran could test that, an AP-NORC poll shows - Ottumwa Courier - March 26th, 2026 [March 26th, 2026]
- Were going to have a problem: Republicans want Trump to move on from 2020 - Politico - March 17th, 2026 [March 17th, 2026]
- College Republicans group disbanded after students allegedly give Nazi salute - The Washington Post - March 17th, 2026 [March 17th, 2026]
- LEADER JEFFRIES: REPUBLICANS HAVE MADE LIFE MORE EXPENSIVE FOR THE AMERICAN PEOPLE - Congressman Hakeem Jeffries (.gov) - March 17th, 2026 [March 17th, 2026]
- Whats in the voting bill that Republicans are pushing to the Senate floor - The Seattle Times - March 17th, 2026 [March 17th, 2026]
- Trumps top priority is splitting Republicans and could reshape the Senate - MS NOW - March 17th, 2026 [March 17th, 2026]
- Inside the special session, and UF shuts down College Republicans - Bay News 9 - March 17th, 2026 [March 17th, 2026]
- UF sued by College Republicans for deactivating club over Nazi salute - Miami Herald - March 17th, 2026 [March 17th, 2026]
- Senate Republicans worry theyre losing ground in the midterms - Politico - March 17th, 2026 [March 17th, 2026]
- Senate Republicans Tee Up Losing Fight Over SAVE America Act - NOTUS News of the United States - March 17th, 2026 [March 17th, 2026]
- GOP HEALTH CARE MADNESS: Republicans Kick Millions off Their Coverage, Push Them Into Skimpy Plans, and Hike Out-of-Pocket Costs - Protect Our Care - March 17th, 2026 [March 17th, 2026]
- Dem in Maine House Primary Funneled PAC Money to Republicans - The Intercept - March 17th, 2026 [March 17th, 2026]
- University of Florida College Republicans respond to deactivation of local chapter - WCJB - March 17th, 2026 [March 17th, 2026]
- The University of Floridas College Republicans chapter was disbanded after a photo reportedly depicting two students giving a Nazi salute had been... - March 17th, 2026 [March 17th, 2026]
- Were going to have a problem: Republicans want Trump to move on from 2020 - Yahoo - March 17th, 2026 [March 17th, 2026]
- List of Republicans Who Voted With Democrats on Transgender Bathroom Bill - Newsweek - March 17th, 2026 [March 17th, 2026]
- What's in the voting bill that Republicans are pushing to the Senate floor - oskaloosa.com - March 17th, 2026 [March 17th, 2026]
- New York State Assembly Republicans Introduce Bill to Amend HALT Act; Aiming to Improve Safety and Staffing in State Prisons - WENY News - March 17th, 2026 [March 17th, 2026]
- What's in the voting bill that Republicans are pushing to the Senate floor - The Daily Gazette - March 17th, 2026 [March 17th, 2026]
- Apparently, Republicans Are Finally Tired Of Trump Lying About The 2020 Election - NewsOne - March 17th, 2026 [March 17th, 2026]
- Democrats need to stop pretending Republicans will turn on Trump - Daily Kos - March 17th, 2026 [March 17th, 2026]
- Republicans in a growing number of states press ahead with Trumps voting rules - CNN - March 13th, 2026 [March 13th, 2026]
- Republicans define victory in Iran as whatever Trump says it is - MS NOW - March 13th, 2026 [March 13th, 2026]
- Democrats are trouncing Republicans in state elections since Trump took office - Politico - March 13th, 2026 [March 13th, 2026]
- Republicans block Democratic bill to fund DHS agencies other than ICE, CBP - The Hill - March 13th, 2026 [March 13th, 2026]
- President Trump spent months getting squeezed by top Senate Republicans to endorse the embattled Senator John Cornyn of Texas in order to avert a... - March 13th, 2026 [March 13th, 2026]
- WATCH: Trump pushes voting bill on House Republicans at annual policy retreat in Florida - PBS - March 13th, 2026 [March 13th, 2026]
- House Republicans find it difficult to focus on rising costs as they plot 2026 agenda - Politico - March 13th, 2026 [March 13th, 2026]
- Republicans and Democrats Are United in Their War on the Unhoused - Truthout - March 13th, 2026 [March 13th, 2026]
- Republicans Concede They Need to Pivot on Immigration Before Midterms - The New York Times - March 13th, 2026 [March 13th, 2026]
- Republicans blast NJ governors first budget as more of same - New Jersey Monitor - March 13th, 2026 [March 13th, 2026]
- Opinion | The hidden reason Republicans could outperform midterm expectations - The Washington Post - March 13th, 2026 [March 13th, 2026]
- The Republicans hoping to win in Utahs new blue district - Deseret News - March 13th, 2026 [March 13th, 2026]
- A record number of Republicans are leaving the House - CNN - March 13th, 2026 [March 13th, 2026]
- House Republicans sweat Irans costs as they struggle to push economic agenda - CNN - March 13th, 2026 [March 13th, 2026]
- Trumps voting bill fixation strains Republicans to the breaking point - Semafor - March 13th, 2026 [March 13th, 2026]
- Republicans, Democrats address high gas prices stemming from Iran war - CBS News - March 13th, 2026 [March 13th, 2026]
- Trump says his bill would guarantee the midterms. House Republicans are moving on. - Politico - March 13th, 2026 [March 13th, 2026]
- Johnson and Republicans Eye Another Party-Line Reconciliation Bill - The Fiscal Times - March 13th, 2026 [March 13th, 2026]
- Republicans Are Holding the TSA and FEMA Hostage to ICE - New York Magazine - March 13th, 2026 [March 13th, 2026]
- Unity is elusive for House Republicans on key election-year affordability bill - Reuters - March 13th, 2026 [March 13th, 2026]
- Trump has one prescription for midterms. House Republicans have another - AP News - March 13th, 2026 [March 13th, 2026]
- The Words of War Republicans Refuse to Say - The Bulwark - March 13th, 2026 [March 13th, 2026]
- House Republicans seek path for Trump agenda amid war and election headwinds - Reuters - March 9th, 2026 [March 9th, 2026]
- House Republicans face internal and external headwinds as they gather to map out 2026 - Politico - March 9th, 2026 [March 9th, 2026]
- This week on The Hill: House Republicans head to Florida to sharpen agenda, message - The Hill - March 9th, 2026 [March 9th, 2026]
- How Noems Handling of Disaster Aid Angered Even Some Republicans - The New York Times - March 9th, 2026 [March 9th, 2026]
- LEADER JEFFRIES: REPUBLICANS ARE PLUNGING AMERICA INTO ANOTHER ENDLESS CONFLICT, BUT THEY CANT FIND A DIME TO LOWER BILLS Congressman Hakeem Jeffries... - March 9th, 2026 [March 9th, 2026]
- Senate Republicans Block War Powers Limits as Mideast Crisis Widens - The New York Times - The New York Times - March 9th, 2026 [March 9th, 2026]
- Gillespie County Republicans Scale Back Hand Count Amid Staffing Shortage - The Fulcrum - March 9th, 2026 [March 9th, 2026]
- House Republicans seek path for Trump agenda amid war and election headwinds - TradingView - March 9th, 2026 [March 9th, 2026]
- Republicans hope Mullin brings steady hand amid Trumps shakeup at DHS - The Washington Post - March 9th, 2026 [March 9th, 2026]
- NC Republicans cried wolf on election integrity. Its come back to bite them. | Opinion - Charlotte Observer - March 9th, 2026 [March 9th, 2026]