The Oklahoma Daily Online Edition - Oklahoma rep pushes ending estate tax

The Oklahoma Daily Online Edition - Oklahoma rep pushes ending estate tax: "Oklahoma rep pushes ending estate tax
The measure will reduce Oklahoma taxes by $80 million.

by Ron Jenkins (AP)

August 24, 2005

OKLAHOMA CITY - House Speaker Todd Hiett said Wednesday he will push for abolishing the Oklahoma estate tax next year, an $80 million tax reduction.

``It's time to end the death tax once and for all,'' Hiett said. ``It's just plain wrong to make death a taxable event.''

He said the estate tax, or inheritance tax, is hurting the state economically since all bordering states have abolished the tax."