ASA's President Dottie Ramsey and Executive Vice President Inge Calderon participated last month in the 9th Annual Death Tax Summit in Washington, D.C. Now that permanent repeal has passed the U.S. House of Representatives, ASA and others are focusing their efforts on the Senate.
The Summit brought together 80 leaders from the business community who spent part of the day meeting with Senator John Kyl (R-AZ) and other supporters of permanently repealing the onerous estate tax. Senator Kyl advised the Summit participants that he does not intend to bring the bill up for a Senate vote until he can be sure he has the votes to pass. In this case, 60 votes are required to cut off debate from the opposition. The Summit participants spent the remainder of the day in private meetings with their Senators and staff members.