Estate tax emerges as key Democratic beef in Obama’s compromise

Washington (CNN) — House Democrats will allow a vote on the tax compromise reached by President Barack Obama and Republicans but will try to change the deal, especially an estate tax provision they believe is beneficial to the wealthy, one of their leaders said Sunday. Rep. Chris Van Hollen of Maryland, who heads the Democratic Congressional Campaign Committee, told reporters that the package will get a vote in the House despite a threat by House Democrats last week to prevent it from reaching the floor. “What form the bill comes to the floor in is something that’s under discussion and debate,” Van Hollen said, later adding that the House “will have an opportunity to work its will, but…

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Estate tax emerges as key Democratic beef in Obama’s compromise

Posted by on December 12, 2010. Filed under News. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry