Of all the elements revealing the influence of the nation's super rich and the corrupted nature of our political system, none does more so than the proposed estate tax in the proposed tax bill compromise.
The agreement between President Obama and the Republicans would set an estate tax exemption of $5 million per person, and a maximum rate of 35 percent, for two years.
Now we learn in The New York Times that its chief advocate in the U.S. senate is working on behalf of the wealthiest of the wealthy in our nation and playing politics with nuclear disarmament.
The estate tax lapsed this year, but is scheduled to return on Jan. 1 with an effective exclusion of $1 million, and a maximum rate of 55 percent.
Here's what the Times writes today: