Among lawyers most familiar with the complexities of the federal estate and gift taxes, an overwhelming majority—73 percent—of those responding to a recent survey opposed permanent repeal of the tax.

Many of those responding commented that permanent repeal would lead to further concentration of wealth, would shift the tax burden to those less wealthy.  Additionally, many of the respondents cited a shift of power away from the middle-class and into the hands of those in concentrated pockets of ultra-wealth as deleterious to the democratic principles of the country.

A full report of the survey findings is available at http://www.mycoachnet.com/main.htm.

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