Wednesday, August 10, 2005

OMB Watch - Estate Tax Vote Slated for September -- Take Action Now!

OMB Watch - Estate Tax Vote Slated for September -- Take Action Now!: "Estate Tax Vote Slated for September -- Take Action Now!

The long run-up to legislative action in the Senate on the estate tax appears to be coming to a close. The day before the chamber recessed in July, Majority Leader Bill Frist (R-TN) filed a motion to proceed to consider H.R. 8, the House passed estate tax repeal bill. This bill will be one of the first items the Senate is expected to take up when it returns in September, and it is quite likely that this repeal bill will ultimately serve as a vehicle for a bad estate tax reform proposal by Sen. Jon Kyl (R-AZ)."

No comments: