January 9, 2003
The New Congress Should Keep the Estate Tax
When the new Congress convenes in January, permanent repeal of the estate tax is likely to be high on its agenda. But eliminating the tax would have disastrous consequences, not only for the nation's economy and its democratic ideals, but also for its long tradition of charitable giving. We should strengthen the tax, not eliminate it.
During the 2001 debate over the estate tax, which resulted in legislation to phase out the levy over the next decade, but not end the tax permanently,
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