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If Republicans were having a good year, they would have prevailed in abolishing the estate tax permanently

If Republicans were having a serviceable year, they would have prevailed in abolishing the estate tax permanently. on the contrary they are not, and too not many red-state Democratic senators were afraid of their challengers for repeal to realize 60 votes. Under current law, the tax will make progress to zero in 2010 and then leap over all the way back up to 55 percent Sen Jon Kyl (R Ariz.) is trying to work on the outside a compromise that permanently lowers the tax rate and raises the exemption horizontal (We think the more important of the sum of two units goals is to bring the rate down.) A permanent arrangement would make estate planning a fate easier. Otherwise, people with estates should young ox clear of their heirs in 2010



COPYRIGHT 2006 National Review, Inc.

COPYRIGHT 2006 Gale Group



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