Eliminate Inheritance Taxes for Billionaires? The following links provide background on pending legislation to eliminate inheritance taxes, including taxes on the estates of multi-millionaires and billionaires: Senator Lautenberg's Statement Opposing GOP Bill A Windfall for the Wealthiest Americans: a report on the estate tax prepared by the Center on Budget and Policy Priorities Summary of Republican Legislation: summary prepared by the Democratic Policy Committee Text of House-passed Legislation How the Democratic Alternative Provides Immediate and Fair Estate Tax Relief: summary prepared by the Democratic Policy Committee Statement of the Administration's policy on estate tax repeal President's Statement on Senate vote on estate tax legislation Article on the costs of estate tax repeal by Treasury Secretary Lawrence Summers Citizens for Tax Justice: questions and answers on the estate tax prepared by this nonpartisan, nonprofit research and advocacy organization NEW - National Council of Nonprofit Associations expresses opposition to the repeal of the estate tax New York Times article on Democratic estate tax alternative Michael Kinsley debunks arguments that the estate tax amounts to unfair double taxation Article on estate taxes by Washington Post columnist David Broder Thanks, but No Thanks: George Soros opposes repeal of Estate Tax