True Patriot: Frist Wants to Bring Up Estate Tax Before July 4
by Guest Blogger, 6/16/2006
Senate Majority Leader Bill Frist (R-TN) outlined his schedule for the next two weeks today, and his plans include bringing up the estate tax again. Frist told reporters, "I'll do everything I can to have another vote on the 'death tax' by July Fourth;" who knows if he will seriously be able to get away with doing this, or if he is only stating his desire to bring up the issue again to pander to his base. Frist acknowledged that he does not have the necessary support in the Senate for full repeal, and so he will probably turn to Sen. Kyl's compromise. This compromise, according to estimates from the Joint Committee on Taxation, would cost upwards of 80 percent of full repeal.
