Estate Tax

NPR

Published April 4, 2001 at 12:00 AM EDT

NPR's David Welna reports on today's action in the House of Representatives on the proposed repeal of estate taxes. The plan would reduce the top rate of 55 percent to 39 percent by 2010, and then phase it out altogether in 2011. It's a move that is expected to cost $193 billion over the next 10 years.

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