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House Republicans Pass Tax Break for Wealthiest 0.2%

HeadlineApr 17, 2015

The protest in New York came as House Republicans in Washington have passed a measure to effectively deepen income inequality by providing a $269 billion tax break to the wealthiest 0.2 percent of Americans. The House voted along party lines to repeal the federal estate tax, which only applies to estates worth more than $5.43 million. President Obama would veto the measure if it cleared the Senate.

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