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Sunday, September 25, 2005

Hurricane Katrina and the Politics of Estate Tax Repeal

Hurricane Katrina postponed action that was to be undertaken on estate tax repeal at the beginning of the current Congressional session. The large emergency expenditures have further made the case for repeal more difficult, at least in the eyes of many. A recent story by Time that a Senator is out looking for a victim of Katrina that was a business owner and whose estate is subject to estate tax, so as to utilize such a victim to revitalize the repeal effort probably isn't going to help repeal efforts, either.

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