Monday, February 06, 2006

Could there be some movement on death taxes in 2006?

27 Senators have co-signed a letter asking that a vote on estate tax repeal be scheduled before Memorial Day this year.

Will there be a vote? Probably, there is plenty of polical support, and the House already passed an estate tax repeal. Will the estate tax be repealed? Doubtful, given today's deficits. Could there be a compromise? Certainly, there's plenty of room for a tax regime both sides could live with. But both sides appear to be happier having the fight.

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