Tuesday, April 12, 2005

The Paris Hilton Tax Cut (washingtonpost.com)

The Paris Hilton Tax Cut (washingtonpost.com): "The Paris Hilton Tax Cut
By E. J. Dionne Jr.
Tuesday, April 12, 2005; Page A21
The same people who insist that critics of Social Security privatization should offer reform proposals of their own are working feverishly to eliminate alternatives that might reduce the need for benefit cuts or payroll tax increases.
I refer to the fact that House Republican leaders have scheduled a vote this week to abolish the estate tax permanently. Under a wacky provision of the 2001 tax cut designed to disguise the law's full cost, Congress voted to make the estate tax go away in 2010, but come back in full force in 2011. "

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