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Tuesday, September 13, 2005

courant.com | Case Against The Inheritance Tax Is Bogus

courant.com | Case Against The Inheritance Tax Is Bogus: "Case Against The Inheritance Tax Is Bogus
September 13, 2005
Bill Gates Sr. and, Chuck Collins

A devastating hurricane hits the Gulf Coast. The war in Iraq claims almost 1,900 American lives with no end in sight in both casualties and cost. And red ink flows through both short- and long-term federal deficit projections. Yet in the coming weeks, congressional leaders will move to abolish permanently the estate tax, America's only levy on concentrations of inherited wealth.

Only after considerable pressure to respond to Hurricane Katrina and observe Chief Justice William Rehnquist's funeral did Senate Majority Leader Bill Frist back off from his determination to begin the estate tax debate immediately after Labor Day."

Tuesday, September 13, 2005

courant.com | Case Against The Inheritance Tax Is Bogus

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