©Mike Lester, The Rome News-Tribune

Century Marks

Let them hold bake sales:The repeal of the estate tax (which the Senate rejected June 8) would hurt charitable organizations since it would eliminate an important incentive for giving: donations reduce the amount subject to the estate tax. The Congressional Budget Office estimates that if the estate tax hadn't existed in 2000, charitable donations that year would have been $13 to $25 billion less (Center on Budget and Policy Priorities, June 7).

 

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