This week the House, like the Senate last week, is expected to vote on competing tax bills: a Democratic proposal that would allow the Bush tax cuts for the wealthy to expire as scheduled while extending them for the middle-class, and a Republican proposal that will keep the Bush tax cut party going for America's millionaires.
The Republican bill is expected to not only extend the low income tax rates for the wealthy, but also the absurdly low estate tax rate where multi-millionaire heirs get their first $5 million tax-free.
Who is going to make out like bandits if the Republican bill becomes law? Mitt Romney and his five sons, of course.
keyboard shortcuts: V vote up article J next comment K previous comment