Estate tax’s extension hits wall in Senate
Levy heads for year’s pause, would revive at steep rate
Posted: December 17, 2009 at 5:56 a.m.
Congressional efforts to extend the estate tax at its current 45 percent rate collapsed Wednesday, paving the way for a one-year suspension of the levy on multimillion-dollar estates.
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Front Section, Pages 1 on 12/17/2009
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