Skip to main content

Marc Gerson Quoted Regarding Estate Tax Elimination in InvestmentNews

Subtitle
"Axing estate tax gains momentum in House"

InvestmentNews

Marc Gerson was quoted regarding proposed legislation in the U.S. House of Representatives that would repeal the estate tax. Supporters of the proposed legislation are optimistic for a September vote as they believe they have enough support to exceed a House majority. Some suggest that there are a number of congressional members who would like the vote held for political reasons, noting that the proposed legislation is extremely popular within the House Republican Conference. "It shows that when tax reform gets going in earnest, this is an important issue to a lot of members," Gerson said.