US Senate Centrists Ponder Gradual Estate Tax Reduction

Nasdaq:  “A bipartisan group of senators who favor lowering estate taxes are studying a proposal to gradually reduce the tax until it reaches 35% in 2019.   The senators, led by Sens. Jon Kyl (R., Ariz.), and Blanche Lincoln (D., Ark.) , have long sought to cut the tax from its current level of 45%, and exempt more small businesses and estates from the tax.”