Washington (CNN) - Senators are expected to open debate on the tax compromise reached by President Barack Obama and Republicans Monday, but House Democrats will likely try to change the deal, one of their leaders said.
Rep. Chris Van Hollen of Maryland, who heads the Democratic Congressional Campaign Committee, told reporters that the package will get a vote in the House despite a threat by House Democrats last week to prevent it from reaching the floor.
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There should be no tax at all on estates.
If the middle class pays no taxes, then the top 1% should also pay no taxes.
Fair tax breaks should be fair for all.
The Senate needs to debate anything concerning money with full awareness of Rep. Darrell Issa's very good comments about the success of Obama's Stimulus spending.
I would feel better about this so called deal if more Republicans didn't like it. So far that is not the case so it seems to me that they got what they wanted and the president did indeed cave in to them on the matter.
They shoudl not compromise. They should accept the tax cut expiration, let us pay the additional taxes, and the government should stop its runaway spending, which has been mostly a total waste, that has accomplished little.
These votes and debate should have taken place last summer if politicians truly wanted to re-align the appropriate tax rates for higher incomes. A temporary compromise now seems albeit more reasonable as long as both sides are willing to finish the remaining issues this year: START, Defense Authorization, 9/11 Responders, DADT Repeal, etc.
Compromise has to work both ways.