Grassley To Move Forward With Estate Tax

Sen. Chuck Grassley (R-IA) may try to make an estate-tax compromise the first order of business when the Senate returns from recess, according to WebCPA: Spokespeople for Senate Finance Committee Chairman Chuck Grassley, R-Iowa, are already saying that his take on an estate tax reform bill could be next on Congress's docket. A Republican-led effort resulted in the bill's second defeat on the Senate floor last week, but any legislation brought by Grassley would likely be a compromise crafted within the Finance Committee and aimed at winning the support of Democrats.
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