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The House is poised to pass legislation that would phase out the estate tax over 10 years; but even supporters of the bill aren't optimistic the Senate will follow suit during this short election-year session.
"It's very difficult on the Senate side to take: up anything these days," says Paul Boyle, vice president of government relations for the Newspaper Association of America.
The association and other business organizations contend the estate tax, which is levied on a person's assets when he or she dies, threatens the survival of family owned businesses by making it hard to pass them onto the next generation.
The House Ways & Means Committee …