House Republicans urge leaders to support estate tax repeal

[Yo_Mama_Been_Loggin]

Rep. Warren Davidson (R-Ohio) on Thursday sent a letter along with dozens of his colleagues to House leaders calling on them to support a full repeal of the estate tax in any final tax package.

Davidson along with 53 other House Republicans asked Speaker Paul Ryan (R-Wis.) and House Ways and Means Committee Chairman Kevin Brady (R-Texas) along with other GOP leaders to reach a deal in the House-Senate conference that nixes the tax.

The House-passed tax measure increases the estate tax exemption to $10 million, indexed for inflation, with repeal after six years while the Senate doubles the exemption but doesn't abolish the tax.

"We urge you to seek an agreement in conference that achieves repeal of the hated and economically destructive death tax," the letter says.

The letter touts broad support by the House, White House and taxpayers in their push for a repeal, which they say is at odds with the Senate-passed version. 

http://thehill.com/policy/finance/363887-house-republicans-urge-leaders-to-support-estate-tax-repeal

[BigmanPigman]

1. Huh?

I am tired from monitoring fires all day in San Diego. Does this mean they want to make the Tax Scam worse than it already is?

[Angry Dragon]

2. but NOT supported by the American people

who gives a damn what the house wants??

[David__77]

3. The estate tax is good.

It helps prevent solidification and impermeability of class distinction.