Excerpt
After massive Federal expenditures to aid in the recovery from Hurricane Katrina, the Congress debates whether eliminating the estate tax makes financial sense.
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Foreword
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Legislative Background
Recent Action on the Estate Tax
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Estate Tax Overview
Major Provisions of Current Law
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Impact on Farms and Small Businesses
The Estate Tax and Entrepreneurship
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Effects on Charitable Giving
The Estate Tax and the Philanthropic Sector
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Bush Administration Position
Address by the Chairman of the Council of Economic Advisors
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Pro & Con
Should the House Pass H.R. 8, Permanently Eliminating the Estate Tax?