Tuesday, May 30, 2006

Oh, terrific.

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.