The cost of democracy

Newt Gingrich Republicanism is not dead. Last month the Republican-controlled House of Representatives passed a bill that would eliminate the estate, or inheritance, tax. Fortunately, the chances of the bill becoming law are slim. It is unclear what the Senate will do, and President Bill Clinton has vowed to veto the bill should it get to his desk later this year. Still, the issue had enough political potency to attract the votes of...

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