Thursday, February 02, 2006

WAVY.COM - House passes estate tax repea (Virginia)l

WAVY.COM - House passes estate tax repeal: "House passes estate tax repeal



RICHMOND, Va. The House of Delegates overwhelmingly approved legislation today to repeal the posthumous tax on the estates of millionaires.
The 93-to-7 vote sends the bill to the Senate, where similar legislation is pending. Governor Timothy Kaine has said he supports the bill.
Kaine's predecessor and fellow Democrat, Mark Warner, vetoed a bill to repeal the estate tax in 2003. Similar measures failed in the next two sessions, and the House G-O-P leadership made passing it this session one of its top priorities."

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