Time for a confession, which some of you might already have suspected.

I used to write editorials for daily newspapers that ran counter to my own beliefs and principles. Why? Well, as a former colleague once told me: If you take the man’s money, you play by the man’s rules.

So, there you have it. I was getting paid to write editorials for newspapers that had different slants than mine, so I wrote the words, gritted my teeth on occasion — and then accepted the paycheck.

One issue with which I had a disagreement with our newspaper’s editorial policy was the estate tax, or “death tax,” as some have called it. My bosses wanted it repealed. My former publisher at the Amarillo Globe-News (not the guy who runs the place now, but his predecessor) was adamant that we repeal the estate tax. Why punish heirs to estates, he argued, when the person who built the wealth wants to be able to hand it down to his or her heirs?

I’m sure my ex-boss is happy with the U.S. House of Representatives voting this week to repeal the estate tax.

I am not.

http://www.washingtonpost.com/blogs/plum-line/wp/2015/04/17/why-are-republicans-pushing-estate-tax-repeal-its-their-nature/

As Paul Waldman writes in the Washington Post: “Republicans say that they aren’t really trying to help wealthy heirs; instead, this is motivated by their deep concern for the fate of family farms and small businesses. But today, the first $5.43 million of any estate is exempt from taxes. That’s the single most important fact to understand about this tax.”

Did you get that? Nearly $5.5 million of any estate is tax exempt!

My congressman, Mac Thornberry, R-Clarendon, Texas, has been at the forefront of the estate tax repeal effort since joining Congress in 1995. He’s got a dog in that hunt. His family owns a lot of ranch land in Donley County and he doesn’t want any of it taxed when the day comes to hand it over to his heirs. I understand Thornberry’s interest in repealing the estate tax.

Here’s a bit more from Waldman: “According to the Joint Committee on Taxation, ‘In 2013, the most recent year for which final numbers are available, there were 2.6 million deaths in the United States, and 4,700 estate tax returns reporting some tax liability were filed. Thus, taxable estate tax returns represented approximately one-fifth of one percent of deaths in 2013.’”

One-fifth of one percent!

Is that enough of a tax to call for its outright repeal? If yes, then who benefits from it? I reckon it’s the extremely wealthy who have estates valued at far more than $5.43 million, which already is exempt from taxes. Remember?

What will be the fate of this repeal effort? If the Senate approves it as well, President Obama will veto it.