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Friday, December 11, 2009

Life insurers lobby to save the death tax

Is the estate tax debate really just about the wealthy resisting a tax hike? My column explains the real dynamic:
While senators debate health care, House Democrats have quietly moved to save the federal estate tax, scheduled to disappear next month. In this push to preserve the so-called "death tax," Democrats have an important K Street ally: The life insurance companies that peddle estate-planning products.

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