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Estate Tax and Extension of Tax Relief Act of 2006

Earlier on this blog, I reported on the proposed Estate Tax and Extension of Tax Relief Act of 2006.

For a complete description of this legislation which “provides permanent estate and gift tax relief, extension of certain tax relief provisions through 2007, other tax relief provisions and an increase in the Federal minimum wage,” see the Detailed Summary prepared by the Committee on Ways and Means (June 28, 2006).

Special thanks to Prof. Joel C. Dobris of the University of California– Davis for bringing this report to my attention.