WASHINGTON -- President Bush's stated desire to permanently repeal the estate tax took a small step forward when he asked for a permanent extension of his 2001 tax-relief package in his recent federal budget proposal for fiscal year 2004. That package called for the estate tax -- which is opposed by the industry because of the burden it places on those who inherit family-owned businesses -- to be repealed, but only until 2011. John Motley, senior vice president for government and public ...
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