Senate Kills Estate Tax Repeal
As Think Progress put it: “A sad day for Paris Hilton.”
Wait, before you go…
WASHINGTON – The Senate rejected Republican efforts Thursday to repeal the estate tax, but GOP leaders promised to try again before this election year is over.
“Wiping this vicious tax from the books is a matter of principle,” said Majority Leader Bill Frist, R-Tenn.
Senators voted 57-41 to advance the bill, but that was three votes short of the 60 needed to overcome objections from a majority of Democrats and a pair of Republicans.
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