From the Citizens for Tax Justice

Tax Analysts: TaxWire: Treasury Holds Roundtable on Estate Tax Repeal

Treasury Holds Roundtable on Estate Tax Repeal

The Treasury Department hosted an event November 6 to rally around President Bush's plan to make the estate tax repeal permanent beyond its 2011 expiration.

Senator Kyl has introduced a sense of the Congress resolution SJ Res 21 on October 23rd supporting the extension of estate tax repeal from 2010 until it is permanently repealed. Quoting the resolution:

"That it is the sense of Congress that the number of years during which the death tax under subtitle B of the Internal Revenue Code of 1986 is repealed should be extended, pending the permanent repeal of the death tax."

The Natinal Priorities Project recently released illustrations of the cost of an estate tax repeal broken down by state.