Estate Tax Increase Would Add Billions In Revenue, Say Wealthy Progressives

U.S. President Barack Obama smiles as he speaks about the economy at the Daimler Detroit Diesel engine plant Dec. 10, 2012 in Redford, Mich. The president and Congress have not yet come to an agreement regarding how to extend the Bush-era tax cuts, which expire at the end of this year (the so-called fiscal cliff). Republicans in Congress want the tax cuts to continue to apply to all taxpayers, whereas the president wants them to apply only to taxpayers who earn less than $250,000 a year. (Photo Get Politics Alerts:Sign Up React:Important
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