Estate tax repeal to get big push in new Congress
Story Date: 12/13/2016

 

Source: ROLL CALL, 12/12/16


South Dakota Sen. John Thune and other top Republicans will launch a new drive to repeal the estate tax next year, while pulling back on efforts to force a year-end vote aimed at blocking a proposed Treasury Department rule that would tighten levies on inheritances.Thune, a senior Finance Committee member, has voiced confidence that there would be consensus support for his proposal to repeal the estate tax as part of a broad tax overhaul in the 115th Congress.

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