Thursday, February 23, 2006

House panel approves elimination of death tax (OKLAHOMA)

House panel approves elimination of death tax: "OKLAHOMA CITY A legislative panel votes today to repeal Oklahoma's estate tax despite concerns it will reduce state revenue by more than 87 (M) million dollars a year.
The House Revenue and Taxation Committee agreed to send the measure to the full House for a vote.

Committee chairman Kevin Calvey says the so-called death tax discriminates against farmers and family-owned businesses"

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