Jon Ward at the Daily Caller (I have never heard of them either) claims to have the scoop on a tax cut deal. He claims they have agreed on a $5 million exemption and 35 percent top rate for two years. The report actually has some credibility because those are the estate tax terms Senator Kyl, the negotiator for the Senate Republicans, has been pushing for months. We shall see if Mr. Ward truly has a scoop or is blowing hot air.
Again, we shall see.
By Kevin Staker
(Postscript. Mr. Ward did scoop the story.)