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Wills, Trusts, & Estates Prof Blog
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Tax Panel Recommendations

By Gerry W. Beyer

For an interesting discussion of the possible future of the income tax, see David E. Rosenbaum, Tax Panel Says Popular Breaks Should Be Cut, NY Times, Oct. 12, 2005.  Mr. Rosenbaum explains:

President Bush’s tax advisory commission indicated on Tuesday that it would not propose replacing the income tax with a national sales tax or a value-added tax, but would recommend limits in the popular tax deductions for mortgage interest and employer-provided health insurance.

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Current Events and Estate Planning - Generally