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House to Vote on Estate Tax Later This Week

Interesting article today on Bloomberg:  House to Vote on Estate Tax This Week, Hastert Says, by Ryan J. Donmoyer:

The House of Representatives will vote this week on legislation that combines a reduced estate tax with a measure renewing two-dozen expired breaks for business including a research credit, Speaker Dennis Hastert said. Lawmakers decided yesterday to remove the package of renewed tax breaks from broader pension legislation and attach them to a measure reducing the tax on multimillion-dollar estates because the business breaks have broad support in both political parties.


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