Incredibly wealthy Frist again pushing for permanent estate tax repeal!

[flpoljunkie]

(Your Republican party at work--doing what they do best--eliminating the worry of the "death tax" on the heirs of the super wealthy!)

Frist Pushes for Move on Estate Taxes

By MARY DALRYMPLE

The Associated Press
Friday, June 16, 2006; 3:16 PM

WASHINGTON -- Senate Republican leader Bill Frist asked House leaders for help reducing taxes on inherited estates, conceding that the GOP cannot eliminate them during this election year.

"I understand we are not going to get total repeal this Congress," Frist, R-Tenn., told reporters Friday.

Frist promised to hold a vote before July 4 if House GOP leaders pass a bill that changes a quirky law erasing the tax in 2010 and reviving it a year later. The schedule would put the tax cut, a favorite of many GOP voters, back on the agenda before an election with control of Congress at stake.

House GOP leaders are actively considering the request, a senior aide said.

The House has repeatedly passed bills eliminating taxes on inherited estates after 2010. A Senate effort last week to consider abolishing the tax fell short of the votes needed to overcome objections from most Democrats and a pair of Republicans.

more details...

[ray of light]

1. The Paris Hilton Estate Tax

[indepat]

2. A microcosm of the stupidity of the fine people of TN for electing this

b******.