REPEAL OF ESTATE TAX WINS SUPPORT

WASHINGTON (FNS) -- Retail and wholesale supermarket officials last week threw their support behind a House bill calling for repeal of the estate tax.They are also backing a similar bill previously introduced in the Senate.The supermarket industry, citing the harm to small operators, has long lobbied against the tax, which can be as high has 55%. Two years ago, Congress voted to raise -- from $600,000

WASHINGTON (FNS) -- Retail and wholesale supermarket officials last week threw their support behind a House bill calling for repeal of the estate tax.

They are also backing a similar bill previously introduced in the Senate.

The supermarket industry, citing the harm to small operators, has long lobbied against the tax, which can be as high has 55%. Two years ago, Congress voted to raise -- from $600,000 to $1.3 million -- the value of small businesses and family farms exclud

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