House passes two tax-reform bills
By Mark Schoeff Jr. The House of Representatives approved two bills Thursday that would repeal the estate tax and make permanent deductions for state and local sales taxes. But the bills face a challenge in the Senate and opposition from the White House.Lawmakers passed the estate tax bill 240-179 and the sales tax legislation 272-152, with votes that fell short of the number needed to override a veto. Earlier in the week, the White House came out against both bills. Read more herecontinue reading →
