Estate Tax Compromise – UPDATE

See that post just below this one?  The one about the possible estate tax compromise?  Yeah…  Never mind.

Sounds like Mr. Reid just trimmed down that jobs bill from $85 to $15 billion:

The extenders that were removed include billions of dollars for research and development and a GOP priority to trim down the estate tax — which is set at zero now but will jump to a whopping 55 percent in 2011 on estates worth $1 million or more. 

“We’ll deal with those other provisions soon and throughout the year,” the aide said.

We’ll see about that…

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