Washington (June 10, 2002) -- In a 256 to 171 House vote, Republicans have pushed through legislation to permanently repeal the estate tax.

The bill, which the Joint Committee on Taxation estimates will cost $99.4 billion through 2012, is the third attempt by Republicans to make permanent many measures of the tax cut as the country heads into the November elections.

Register or login for access to this item and much more

All Accounting Today content is archived after seven days.

Community members receive:
  • All recent and archived articles
  • Conference offers and updates
  • A full menu of enewsletter options
  • Web seminars, white papers, ebooks

Don't have an account? Register for Free Unlimited Access