Who's looking out for the richest .3%?

Under the estate-tax rules proposed by President Obama, value of assets per couple that would remain exempt: $7 million
Percent of estates that would be exempt from the tax under the Obama plan: 99.7
Tax cut Obama's plan gives in 2012 to those making more than $1 million a year: $8,000
Amount to which a recent proposal from Sens. Blanche Lincoln (D-Ark.) and John Kyl (R-Ariz.) would raise the estate tax exemption per couple: $10 million
Percent to which their proposal would lower the tax's top rate, from 45 percent: 35
Estimated number of family farms and small businesses that would owe estate tax under Obama's rules: 100
Estimated number that would owe the tax under the Lincoln-Kyl plan: 40
Estimated number that would owe the tax under current law: 2,700
Amount their proposal would cost the Treasury: $250 billion
Out of the 5 richest families in Arkansas, number that are founders of companies that have given $24,000 or more to Sen. Lincoln over the last 5 years: 3
Number of Republican Senators who voted for the Lincoln-Kyl plan: 41
Number of Democratic Senators who voted for it: 10
Year Sen. Lincoln is up for re-election: 2010
(Photo of Blanche Lincoln from the U.S. Senate website)
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Sue Sturgis
Sue is the former editorial director of Facing South and the Institute for Southern Studies.