Estate tax repeal could be good for only 1 year
Washington AP reports the 2001 tax law phases in higher exemptions and lower rates, with a sunset in 2010. Heirs face potential higher capital gains taxes if assets are sold in 2010 and planners weigh whether repeal becomes permanent. Exemptions rise from 675000 to 1 million in 2002 and to 3.5 million by 2009, reducing the share of estates taxed.
MENTIONED IN THIS ARTICLE
Washington
Bush
Congress
Patients rights bill draws aggressive lobbying push
Washington AP reports HMOs and allied groups spend millions to oppose a Senate priority patients rights bill. Campaigns warn the measure harms the economy and working people, while trial lawyers and doctors push grassroots efforts and hold town halls. The Kennedy McCain plan broadens sue rights, Frist Breaux backs limited sue rights.
MENTIONED IN THIS ARTICLE
Washington
Senate
HMO
Mark Merritt
American Association of Health Plans
The
Association of
Trial Lawyers of America
American Medical Association
AMA
D-La
Bush
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