As you probably already know, 2010 is the year to die is you are really wealthy. The Estate Tax disappears for one year only. Under the Bush plan, it would have reverted to its pre-2001 rates of 55% of estates over a $2 million exemption. President Obama proposed a 45% percent rate over a $7 million exemption.
Even this was too much for every single Republican and 9 Democrats in the Senate, who voted by 51-48 to enact a 35% rate over a $10 million exemptioin.
Here are the nine Democrats who voted against Obama's proposal
Baucus (D-libertarian nutcase paradise)
Nelson (D-God's waiting room)
Tester (D-libertarian nutcase paradise)
While the wealthy are able to command a majority of support in the Senate, down to the umpteenth trust fund baby generation, and are able to command $Trilions for Wall Street, a simple bill to help medically needy children, SCHIP, still languishes in committee
The Party of the People at work....
Update: I've been reminded elsewhere that President Obama did sign SCHIP. The bill that is languishing is called "SCHIP Plus" and would help with premiums to pay for SCHIP. The point remains, that the wealthy have Washington's ear far more persuasively than do the working/middle classes.