The Daily Parker

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Good critique of estate-tax repeal effort

Over at Talking Points Memo Cafe, Gene Sperling lays out the problems with the proposals to repeal the estate tax:

The nation is at war and troops have been having trouble getting the safest equipment. Child poverty has been on the rise for four straight years. Deficits are projected to total $4 trillion in the next ten years, our entitlement challenge is unresolved, working wages have been stagnating or declining, and fixing the estate tax for the top 3 of every 1000 estates in 2011 is what we should rush to the floor of the Senate in the summer of 2006?
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