The Washington Times reported this development in a recent article titled “Republican lawmakers introduce bill to eliminate estate tax.”
Many other states are currently debating eliminating their own estate taxes.
It is becoming clear that, at least at the state level, the estate tax does little to help the finances of the government. However, because the estate tax is always a hot button political issue for reasons other than government revenue, proposals to eliminate it often face uphill battles.
Thus, if your state has an estate tax that you would like to see eliminated, it would be a good idea to contact your state representative to let him or her know your opinion.
