Estate and gift tax repeal?

On January 5, 2011, HR 177 was introduced in the House of Representatives. Entitled the Death Tax Repeal Act, its aim is to repeal Subtitle B of the Internal Revenue Code of 1986. Whether it will go anywhere remains to be seen. To see a copy of the bill, go to http://www.thomas.gov/cgi-bin/query/z?c112:H.R.177:.

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