April 23, 2009
Estate Tax Causes Congressional Split
The House and Senate have passed budget outlines that differ significantly in how they would apply the estate tax.
The House version follows what President Obama has proposed and umbrella groups of nonprofit organizations have embraced: keeping the estate tax at levels that are already in effect this year.
But the Senate version would cut the estate tax, a move that alarms many charitable organizations.
The two houses will work out differences in a conference
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