Tuesday, June 06, 2006

Estate Tax: True cost of repeal

Estate Tax: True cost of repeal: "Estate Tax: True cost of repeal

SEATTLE POST-INTELLIGENCER EDITORIAL BOARD

Please, for a moment, suspend your American sense of fair play.

Assume that you are in a microscopic community, a member of one of the most prosperous families in the nation. You will one day be assessed a tax before inheriting vast wealth. Pretend that you really have a stake in the U.S. Senate moving forward with a repeal of the tax and are eager to see it so.

Now answer this: How will the country replace over one decade the trillion dollars in revenues lost by repeal?"

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