Abstract

Reviewing the Estate Tax
Sirota, David | July 18, 2005 issue

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Presents news briefs related to the federal and state estate tax in the United States. Reports on how, during a time of massive budget deficits, Democratic Senators Max Baucus and Blanch Lincoln are negotiating with Republican legislators to eliminate the federal estate tax; Suggestion that the federal estate tax is a levy that falls on only the wealthiest two-percent of Americans; Discussion of how Connecticut's Democratic state legislators recently forced their Republican governor to restore the state's estate tax as a way to increase funds for health care and education programs.

See Also:

INHERITANCE & transfer tax; FINANCE, Public -- United States -- States; BAUCUS, Max; LEGISLATORS; DEFICIT financing; TAXATION; MEDICAL care -- United States; BUDGET -- United States; UNITED States
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