Now is (Still) the Time to Permanently Repeal Federal Death Taxes

From The Heritage Foundation:

In the movie "Groundhog Day," Bill Murray's character suffers a perpetual Groundhog Day--every morning he awakes, the same day, the same circumstances, the same pitfalls greet him almost anew. But only when he learns to measure up to the day is he redeemed.

Wednesday, April 13, is Groundhog Day for the House of Representatives. On that day, the House will consider H.R. 8, a bill to permanently repeal the federal death taxes. The House considered this same bill, identically numbered, in 2003, and the same reasons that made repeal of the death taxes good policy then still apply today. The House passed H.R. 8, but the Senate balked. Heritage's William Beach wrote this piece in 2003, and we republish it today. Heritage will continue to circulate it each time that Congress considers correcting, as Beach put it, "the peculiar way it dealt with death tax repeal in 2001"--unless and until, that is, this Groundhog Day finally passes.