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Senate GOP says repeal of 'death tax' must be part of tax reform

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Senate Republicans on Wednesday said that a repeal of the federal estate tax must be a key component of any tax reform proposal, setting up a showdown with President Obama, who hopes to raise the levy to help reduce the deficit. Senate Minority Leader Mitch McConnell, R-Ky., and Vice President Joe Biden negotiated in January to make permanent the current estate tax parameters as part of the...

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