Tax Analysts has reported that Senator Bernie Sanders is lobbying support for estate tax reform legislation that he plans to introduce on June 24. Yesterday, Sanders sent a letter to colleagues detailing the Responsible Estate Tax Act and asking for their support for the compromise legislation. Sanders' bill differs from the other reform proposals being considered by offering a tiered rate structure.
See Sanders Seeks Support for Alternative Estate Tax Compromise, 2010 TNT 121-1, June 23, 2010.
Posted by Wesley J. Bailey, Associate Editor, Wealth Strategies Journal.
See Sanders Seeks Support for Alternative Estate Tax Compromise, 2010 TNT 121-1, June 23, 2010.
Posted by Wesley J. Bailey, Associate Editor, Wealth Strategies Journal.
See also following links:
Sanders' Web Site: http://sanders.senate.gov/
WSJ Article: http://online.wsj.com/article/SB10001424052748704227304575327131250814258.html?mod=googlenews_wsj
Lew Saret