GOP Senators Week Permanent Estate Tax Repeal
A group of Republican senators unveiled legislation this week to permanently repeal the federal estate tax, a move that’s almost guaranteed to fail in the Democratic-controlled Congress. The legislation, introduced by Sens. John Thune, R-S.D., and John Kennedy, R-La., and endorsed by Senate Minority Leader Mitch McConnell, R-Ky., would eliminate the federal tax levied on estates worth more than $11.7 million after … Read more