Newly Rich Escalate Estate-Tax Fight
Christian Science Monitor (09/07/00) Vol. 2, No. 4 p.1; Dillin, John

Republican leaders are expected to make an appeal in the House of Representatives Thursday that lawmakers override the veto of their estate tax bill by President Clinton. The bill would eliminate all federal estate taxes by 2010. Although the House vote is expected to be close, Republicans are not likely to find success in the Senate, where they will need two-thirds of the vote to override Clinton. Hank Gutman of KPMG in Washington, D.C., no longer expects a compromise between Democrats and Republicans, as was predicted earlier in the summer, because the estate-tax issue has become too politicized. The former chief of state for the Joint Committee on Taxation in Congress says Republicans and Democrats are likely to make estate taxes an issue during their campaigns.


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