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Reply to "Vox article on inheritance"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][b]In any case, the democrats are 6-10 Senators away from having the votes to do anything with the estate tax, and that.assumes no filibuster. [/b] Estate tax reform is not likely anytime soon, probably ever. The estate tax is unpopular with Americans.[/quote] Uh, no. They can do it through reconciliation via an omnibus revenue and spending bill. The GOP increased the Estate Tax threshold to $11m in 2017 with no Democrat votes in the Senate through reconciliation. Dems will need to lower the threshold in order to meet the budget scoring requirements for their next bill. So yeah, you only need 51 votes in the Senate and can go around the filibuster.[/quote] Nope, there aren’t close to 50 dems who will vote for this. My point was there may be 40 to 44 or so who would vote for changes to estate tax. Maybe you should read the whole post and nit just the first sentence.[/quote] I do not thing that a chamber of multi-millionaires is going to take up the estate tax issue. https://www.rollcall.com/wealth-of-congress/[/quote]
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