The Hill News

Yesterday, the House debated HR 4853 -Tax Relief Compromise. I voted AYE.

According to the CBO, this bill comprises $136 billion in additional spending and $721 billion in tax relief. That means 15 percent of this bill is spending â€" the other 85 percent is tax relief:

• No across the board increase in income tax rates next year.

• No AMT biting deeper into middle class families.

• A Death Tax that’s a third less of what it would otherwise have been â€" threatening far fewer family farms and family businesses with extinction.

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