News release this morning from Sen. Lincoln’s office on jump. She says it’s time to protect farmers. Right.

Update: Blog reader Stephen Koch (no relation to billionaire David mentioned below) alerts us to this article in Talking Points Memo on the position taken by Lincoln’s pal on the estate tax proposal, Minority Whip Jon Kyle, and other Repubs that tax cuts generate money for the treasury and don’t need to be paid for, but extending unemployment benefits don’t and do.

Advertisement

Please note that the cut in the top estate tax, from 45 to 35 percent, will be worth a cool $9 billion at current values to just the top five Walton estates. 9 BILLION. Who’ll pay for that lost revenue (not just from Waltons but Kochs, etc.) over the years? The working schlubs, that’s who.

Invest in the future of great journalism in Arkansas

Join the ranks of the 63,000 Facebook followers, 58,000 Twitter followers, 35,000 Arkansas blog followers, and 70,000 daily email blasts who know that the Arkansas Times is the go-to source for tough, determined, and feisty journalism that holds the powerful accountable. For 50 years, our progressive, alternative newspaper in Little Rock has been on the front lines of the fight for truth, and with your support, we can do even more. By subscribing or donating to the Arkansas Times, you'll not only have access to all of our articles, but you'll also be helping us hire more writers and expand our coverage. Don't miss out on the opportunity to make a difference with your subscription or donation to the Arkansas Times today.

Previous article Morning drive time Next article Alotian Injury