Parties Clash Over Wealth as House Votes to Kill Estate Tax
The measure probably won’t advance further, at least not this year.
The U.S. Capitol is seen on November 19, 2011 in Washington, DC.
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The U.S. 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.
The House passed the bill 240-179 Thursday. The tally was mostly along party lines; seven Democrats voted for passage and three Republicans voted no.