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  • Answer Upon - House Estate Tax Compromise is Uncertain in the Senate

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    ould give Americans "permanency and certainty for their estate tax planning." However, he admitted that the S
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    The measure approved last week by the US House of Representatives that would eliminate the estate tax for all but the wealthiest families faces an uncertain future in the Senate.

    The Permanent Estate Tax Relief Act of 2006 was drafted by Chairman of the House Ways and Means Committee Bill Thomas (R- Calif). It was passed through the house by a bipartisan vote of 269-156 on Thursday of last week.

    Thomas says that the bill would give Americans "permanency and certainty for their estate tax planning." However, he admitted that the Se

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    but the wealthiest families faces an uncertain future in the Senate.

    The Permanent Estate Tax Relief Act of 2006 was drafted by Chairman of the House Ways and Means Committee Bill Thomas (R- Calif). It was passed through the house by a bipartisan vote of 269-156 on Thursday of last week.

    Thomas says that the bill would give Americans "permanency and certainty for their estate tax planning." However, he admitted that the S

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    t of 2006 was drafted by Chairman of the House Ways and Means Committee Bill Thomas (R- Calif). It was passed through the house by a bipartisan vote of 269-156 on Thursday of last week.

    Thomas says that the bill would give Americans "permanency and certainty for their estate tax planning." However, he admitted that the S

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    through the house by a bipartisan vote of 269-156 on Thursday of last week.

    Thomas says that the bill would give Americans "permanency and certainty for their estate tax planning." However, he admitted that the S

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    ould give Americans "permanency and certainty for their estate tax planning." However, he admitted that the Senate vote may be tough.

    "I, along with the majority of House members, have voted time after time in a bipartisan manner to fully repeal the estate tax," said Thomas. "So far, those efforts have died in the Senate."

    Senate Majority Leader Bill Frist (R-Tenn) asked Thomas to draft the compromise bill earlier this month. The goal is to grab the 60 Senate votes needed to avoid a Democratic filibuster.

    The legislation is

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