RE: I thought it automatically renewed?
Without action, under current law the tax will rise to 55 percent, with an exemption level of $1 million.
Kyl and Lincoln want to make it less onerous (see their proposal above).
I disagree with them of course. I want it SCRAPPED altogether, permanently.
“I want it SCRAPPED altogether, permanently”
Dittos. I have no idea what Kyl is thinking. I’m willing to bet he is not alone among the Republicans. Graham and McCain come to mind.