The right fix to this idiocy, of course, is to eliminate the estate tax: it punishes savings, creates windfalls for estate lawyers and accountants, and raises little revenue.
This is not going to happen, however:
The House approved Thursday a measure making the current estate tax rate permanent, overcoming the objections of an unusual coalition of liberal and conservative critics.
The bill passed, 225 to 200, with 26 Democrats joining all Republicans present to vote no. It would make permanent the current estate tax rate of 45 percent, with an exemption of $3.5 million per individual.