Saturday, April 18, 2015

House Votes to Repeal Federal Estate Tax

Via Billy

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On Thursday the House voted, 240-179, to repeal the federal estate tax, setting the stage for a
confrontation with the Senate and a veto threat by the president. Identical bills were presented in both houses of Congress, by Representative Kevin Brady (R-Texas) and Senator John Thune (R-S.D.).

Brady’s bill passed with the support of all but three Republicans and the defection of seven Democrats. Thune’s bill is expected to die in the Senate.

Said Brady:

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2 comments:

  1. DanApril 19, 2015 at 2:47 AM

    Might make it through the Senate....but it's DOA in the Oval office. Inheritance and generational wealth are positively abhorred by commies and collectivists. This will
    never get past Obama and there isn't enough votes to override him. So.....like virtually ALL legislation that is GOOD for America it is doomed while Obama infests the White House.

    ReplyDelete
    Replies
    1. Brock TownsendApril 19, 2015 at 12:42 PM

      ALL legislation that is GOOD for America it is doomed while Obama infests the White House.

      Without an override, agreed.

      Delete

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