Marching Off a Cliff

As Election Day 2006 approaches, state politicians increasingly set their sights on a familiar political enemy: taxes. While all taxes make popular targets, this year state estate taxes are attracting heightened attention. In her state-of-the-state address, Connecticut Governor Jodi Rell argued for a doubling of her state's estate tax exemption to $4 million as a step towards the tax's ultimate elimination.

As Election Day 2006 approaches, state politicians increasingly set their sights on a familiar political enemy: taxes. While all taxes make popular targets, this year state estate taxes are attracting heightened attention. In her state-of-the-state address, Connecticut Governor Jodi Rell argued for a doubling of her state's estate tax exemption to $4 million — as a step towards the tax's ultimate elimination. At around the same time, in response to polls showing that the estate tax was among

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