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If Republicans were having a good year, they would have prevailed in abolishing the estate tax permanently.(The Week)(Brief article)
If Republicans were having a good year, they would have prevailed in abolishing the estate tax permanently. But they are not, and too few red-state Democratic senators were afraid of their challengers for repeal to get 60 votes. Under current law, the tax will go to zero in 2010 and then jump all the way back up to 55 percent. Sen. Jon Kyl (R., Ariz.) is trying to work out a ...
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