Kyl Still Pushing for Permanent Estate Tax Repeal

Sen. Jon Kyl (R-AZ) is making a new push to permanently repeal the estate tax in spite of budget deficits and a growing national debt (not to mention its fundamental unfairness).

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JOB WATCH

For monthly updates of state-by-state job trends, current labor market trends, and tracking of job growth measured against the number of jobs the Bush administration said would be created by its 2003 tax cut proposal; tune into the Economic Policy Institute’s Job Watch. A wealth of useful charts and graphs are provided.

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Internet Taxation and the State Fiscal Picture

The extension of the Internet services’ sales tax ban is due to expire November 1. However concerns remain, especially given the dire fiscal straits of most states. Besides making the ban permanent, the definition of the services that would be exempt from taxation is being expanded. The proposal under consideration also eliminates a "grandfather" clause that allowed state and local sales taxes on Internet access to continue in eleven states.

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OMB Watch Goes on the Road with a State-by-State Analysis of the Estate Tax and Charitable Giving

OMB Watch’s John Irons is on the road to promote a new study that details state-by-state analysis of charitable losses from the estate tax repeal.

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Appropriations and Emergency Supplemental

Update on the President's emergency supplemental appropriation for Iraq and Afghanistan and the status of the remaining regular appropriations.

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The Deficit As a Serious Problem

Like the Reagan administration, the Bush administration continues to describe the budget deficit as a manageable problem and presents a rosy picture in which deficits will soon diminish. But like the Reagan administration these comments are far from reality.

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