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Monday, December 13, 2010

Democrats and Republicans ready for tax battle (cbs)

(CBS)  In Washington, D.c. tax cut the battle is incoming within one week of criticism. Although many Democrats are against compromise speak of the President with the Republicans, White House predicts Sunday that the package will be ultimately.

Despite Democrats cut much tax implacable shocks, the projected White House Trust Agreement survive both houses of Congress with very few changes.

"I think that what will happen," said Senior Advisor to the President Obama David Axelrod on CBS "face the nation" News. He predicted that very few members ultimately want to vote against.

"I think that we get," Axelrod said. "I think that anyone who wants to be responsible for fees from January 1, because we couldn't find a solution."

Axelrod: Obama don't be a President a term

The CBS News reports corresponding Wyatt Andrews even if true, it ignores the wrath of many Democrats House which support the President has rolled by Republicans and gave away too many high income taxpayers.

"This is Oprah Winfrey and Santa Claus," said REP Robert Scott (D - va). "Everyone gets a tax cut".

Some House Democrats have promised a challenge. "We are going to change this and we'll hope that the President will save that we are trying to subscribe to the worst things that are" said Rep Anthony Weiner (D - NY) on "Meet the Press."

The worst thing for many is the agreement reached on the estate tax. As part of the agreement, estates below $ 5 million are inherited the franchise but above could be taxed at 35%. Democrats will begin to taxing 3.5 million legacy with a rate of 45 percent change of $ 4.5 billion. Some members of the House would argue that this change must be a number of changes.

"The grossest provision this agreement refers to the tax benefit of the estate." "It doesn't have to be a part of the overall agreement," said Chris van Hollen (D - MD)

Republicans say again that it is the initial agreement or anything.

The answer is no, we're not interested in the evolution of this agreement, "said Paul Ryan (R - Wis.) Rep." "" "We are interested in passing through.

The vote on the tax package is sure to political drama this week. The Senate has not changed the tax provisions of the estate were able to vote his Bill, as early as Tuesday. Despite claims of Democrats in the House it is not clear that they have the will or the voice of kill the agreement.

?MMX, CBS Interactive Inc.. All rights reserved.


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