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Sunday, July 30, 2006

WaPo: Estate Tax Bill Likely To Go Nowhere in Senate

Interesting article in today's Washington Post:  Estate Tax, Wage Hike Teetering In Senate, by Jonathan Weisman & Charles Babington:

The House completed its summer work in a flurry of post-midnight debates and votes yesterday, approving changes to the federal minimum wage, estate taxes and pension laws. But with deep divisions lurking in the Senate, it all may go for naught, as have so many other recent efforts, leaving the two chambers open to perhaps the loudest taunts of "do-nothing Congress" in decades.

http://taxprof.typepad.com/taxprof_blog/2006/07/wapo_estate_tax.html

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Tracked on Jul 31, 2006 9:57:18 AM

Comments

Combining a minimum wage increase with eviscerating the estate tax is like mixing raisins and turds -- no matter how tasty the raisins, the combination is still unappealing.

Posted by: Gwailo | Jul 30, 2006 7:07:25 PM