Count 'em up - to date, no less than five bills have already been introduced in the 2011 U.S. House of Representatives to permanently repeal federal estate taxes:
- H.R.86 - End Tax Uncertainty Act of 2011
- H.R.99 - Fair and Simple Tax Act of 2011
- H.R.123 - To amend the Internal Revenue Code of 1986 to make certain tax relief permanent, and to repeal the estate tax
- H.R.143 - Permanently Repeal the Estate Tax Act of 2011
- H.R.177 - Death Tax Repeal Act
For more information, refer to:
Wow…5 bills to repeal the estate tax? Isn’t that kind of excessive? I thought the new congress was elected to create jobs, not protect the wealth of the ultra-rich. Huh. I guess we should have known what we were voting for when we hit the lever labeled “Republican”.
True colors and priorities are emerging. I thought we were cutting deficit and not giving out tax breaks to friends and family.
“Ask not what your country can do for you, but rather ask what you can do for your country.”
what happened to the “US” in USA?
Why don’t you guys look into just how Warren Buffet used the Estate Tax to help him get rich”er”? Get real?