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GOP Cheers as Repeal of ‘Un-American’ Estate Tax Passes House
The House of Representatives voted Thursday to repeal the federal tax on estates because "it's a sad day" when heirs face huge financial burdens after someone dies, Rep. Buddy Carter told Newsmax.The House of Representatives voted Thursday to repeal the federal tax on estates because "it's a sad day" when heirs face huge financial burdens after someone dies, Rep. Buddy Carter told Newsmax.
Partisan vote in U.S. House would repeal estate tax
The House voted to repeal the 99-year-old U.S. estate tax amid a partisan clash over whether the government should break up concentrated wealth or make it easier to pass along assets to the next generation.
