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What does the Mitchell-Shays Capital Gains and Estate Tax Relief Act do?

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What does the Mitchell-Shays Capital Gains and Estate Tax Relief Act do?

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Mitchell-Shays Capital Gains and Estate Tax Relief Act permanently reduces estate and capital gains taxes by preserving 2001 and 2003 reductions that are set to expire December 31, 2010. Permanently reducing these cuts encourages investment and makes our tax code fairer and more predictable.

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