White House weighs abandoning estate tax repeal in Republican tax push
(WorldNews Business)

By Amanda Becker WASHINGTON, Sept 19 (Reuters) - The Trump administration may abandon its promise to repeal the U.S. estate tax on inherited assets in an effort to make a still-evolving Republican tax cut framework more politically feasible, according to sources familiar with the deliberations. A so-called Big Six team of Republican tax package negotiators, including senior lawmakers and top Trump advisers, has been tight-lipped about the details that will be part of their plan, expected to be unveiled next week. Republicans have long criticized the estate tax, saying it taxes hard-earned income a second time and hurts family-owned businesses and farms. Democrats say repealing it would be a...