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Estate tax emerges as key Democratic...

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

By: Magnolia Tribune - December 13, 2010

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.

12/12/10

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Magnolia Tribune

This article was produced by Magnolia Tribune staff.