Elimination of the inheritence tax - GOP rushes to aid wealthiest 5,550 families
By Dana Milbank
Give credit to Republicans in Congress. They've discovered, belatedly, that income inequality is a problem, and they're no longer proposing to give tax breaks to the wealthiest 2 percent of Americans. Now they are proposing to give tax breaks to the wealthiest two-tenths of 1 percent of Americans.
On Tuesday afternoon, the House Rules Committee took up H.R. 1105, the “Death Tax Repeal Act of 2015.” It is an extraordinarily candid expression of the majority's priorities: A tax cut costing the treasury $269 billion over a decade that would exclusively benefit individuals with wealth of more than $5.4 million and couples with wealth of more than $10.9 million.
That's a tax break for only the 5,500 wealthiest households in the country each year, according to the Joint Committee on Taxation. Of those, the 318 wealthiest estates each year — those worth $50 million or more — would see an average windfall of $20 million each, according to the Center on Budget and Policy Priorities.
And this at a time when the gap between rich and poor is already worse than it has been since the Great Depression? Never in the history of plutocracy has so much been given away to so few who need it so little.
This is the ultimate perversion of the tea party movement, hijacked by wealthy and corporate interests. The estate tax has been part of American law in some form since 1797, according to the advocacy group Americans for Tax Fairness, as a shield against the sort of permanent aristocracy our founders fought to rid themselves of.
http://www.heraldnet.com/article/20150416/OPINION04/150419411
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They don't give a shit about anyone but the uber wealthy. 
