So-called "compromise" proposals on the estate tax offered by Senate Republicans would be just as damaging to the economy and the charitable sector as full repeal, according to a letter sent today to members of the U.S. Senate by a coalition representing 20,000 organizations with roughly 20 million members across the country.
Realizing they lack the 60 votes necessary to avoid a filibuster in the Senate, some in the pro-repeal camp are now calling for compromises that would be tantamount to repeal. The coalition urged senators to reject any "compromise" that would gut the estate tax and strip the essential revenue and incentives to charitable giving it provides.
No comments:
Post a Comment