Thanks to Bush, Uber Goiter may be another $160 million richer:
Pointing to data indicating that 99 percent of the estate tax is paid by the highest-earning 5 percent of Americans, a report released by the Democrats indicates that CEO's of major oil companies stood to gain significantly from a repeal. Democrats' estimates put oil company gains at at least a "$200 million windfall." The family of one oil executive, Lee Raymond, alone stood to receive a tax break worth over $160 million.
(photo courtesy www.commondreams.org)
full story here.