The Fight Over Estate Tax Reform Once Again is Heating Up in Washington
President Obama included in his FY2010 Budget proposal a permanent freeze of the federal estate tax at 2009 levels – at a 45% rate and a $3.5 million exemption. Last week the House and Senate Budget Committees also included a permanent freeze in their versions...
Berkley Bill Introduced, House Leaders Consider Estate Tax Approach
October 22, 2009 Today Congresswoman Shelley Berkley (D-NV) introduced her bipartisan estate tax reform bill with fellow sponsoring Representatives Artur Davis (D-AL and member of Congressional Black Caucus), Kevin Brady (R-TX and repeal bill sponsor) and Devin Nunes...Estate Tax Reform Likely Postponed Until 2010
The situation on estate tax reform has been very fluid on Capitol Hill over the past several days. As we reported on Sunday, late last week Senate and House leaders, recognizing that their procrastination on the issue had left few options, began to negotiate the...Major Legislative Victory for Families! Estate Tax Relief on the Way
Despite the long odds and the challenging political environment we are pleased to report that we have secured the lowest estate tax rate applied in 80 years. On December 16 the House defeated the Pomeroy amendment and sent to the President bipartisan tax reform...