The U.S. House of Representatives voted to approve the Death Tax Repeal Act, H.R. 1105, last week, 240 to 179. The federal estate tax or “death tax” is imposed on the right to transfer property at death. 100 more words
Tags » Death Tax
GOP passes massive tax break for millionaires (well, folks with 10 millions) and billionaires. Does not Pay for It
222 more words
The final tally was 240 to 179, with nearly every GOP lawmaker voting for it and nearly every Democrat voting against it.
When describing Republican tax proposals, it’s not uncommon to talk about policies that disproportionately benefit the very wealthy.