Monday, October 03, 2005

Bloomberg.com: Bloomberg Columnists-Massive Estate Tax Cut Unseemly in Any Season: Gene Sperling

Bloomberg.com: Bloomberg Columnists: "Massive Estate Tax Cut Unseemly in Any Season: Gene Sperling

Oct. 3 (Bloomberg) -- The award for candor in the post- Hurricane Katrina era has to go to Senate Finance Chairman Chuck Grassley, who observed that ``it's a little unseemly to be talking about doing away with or enhancing the estate tax at a time when people are suffering.''

Grassley's comment was an acknowledgement that there was something troubling about giving a multibillion-dollar tax cut to the nation's richest families while hundreds of thousands of our less fortunate fellow citizens endured the pain and devastation of a terrible natural disaster."

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