http://thehill.com/homenews/house/133943-house-to-will-vote-thursday-after-tax-package-easily-clears-senateThe House will vote on President Obama’s tax proposal Thursday after first giving liberal Democrats one last chance to force a change to the Senate-passed agreement.
The key question is whether the House will send the bill back to the Senate or to the White House for the president’s signature.
Under procedures approved by the House Rules Committee on Wednesday evening, the House will vote first on a proposed change to the estate tax provision of the deal Obama reached with Republicans.
The change, offered by Rep. Earl Pomeroy (D-N.D.), would renew the 2009 inheritance tax at 45 percent for individuals with estates worth more than $3.5 million, a level identical to the rate passed by the House last year. The bill passed by the Senate on Wednesday sets the estate tax at 35 percent for individuals with an exemption beginning at $5 million.
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