WASHINGTON -- Industry association executives have unanimously and overwhelmingly praised last week's 62-38 Senate vote approving President Bush's $1.35 trillion tax cut plan, which includes repeal of the estate tax, widely referred to by its opponents as the "death tax." Tim Hammonds, president and chief executive officer, Food Marketing Institute here, said, "Today's Senate vote to cut taxes -- especially to repeal the estate tax and cut the income tax rates -- is a great victory for ...
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