Tall Ugg Boots Democrats favor

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"This is the last opportunity we have," he said, noting that Congress will soon adjourn for the year and Republicans will control the House in January. Other tax [link widoczny dla zalogowanych] cuts, enacted in the past decade, include a more generous child tax credit, breaks for college students, lower taxes on capital gains and dividends and a series of business tax breaks designed to encourage investment. All would be extended if the legislation passes. The jobless benefits that would be renewed would go to individuals who have been laid off more than 26 weeks but less than 99. Checks average about $300 a week.
Many Democrats favor an alternative to reduce the amount that can be inherited tax free to $3.5 million, and tax the balance at 45 percent.Supporters said that, [link widoczny dla zalogowanych] if approved, the change would expose an additional 6,600 estates to taxes in 2011, and the government would collect $23 billion over two years as a result.Rep. Peter DeFazio, D-Ore., one of the critics of the Obama-GOP agreement, said it is important for opponents to have the opportunity to vote on alternatives, even if they have no chance of passing.
Obama still hopes to push ratification of a new arms control treaty with Russia through the Senate, and the White House and party leaders seek legislation [link widoczny dla zalogowanych] to let openly gay servicemen and servicewomen remain in the military.The estate tax portion of the tax bill, as drafted, would allow $5 million of each spouse's estate to pass to heirs without taxation, with the balance subjected to a 35 percent rate.
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