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Hoyer: No estate tax quick fix

With time running out for Congress to enact some sort of estate tax reform before the scheduled 2010 repeal, lawmakers are pondering a one-year quick fix measure that buys them more time to put together a permanent reform package.

But the House majority leader isn’t happy with that solution.

In a meeting yesterday, Rep.  Steny Hoyer pushed fellow Democrats on the Ways and Means Committee to adopt a permanent fix this year, Bloomberg reports.

“He made a convincing argument for a permanent fix,” Connecticut Representative John Larson said after the meeting with Hoyer.

More from Bloomberg here, and more on the state of the estate tax here from Lawyers USA.

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