From: Bill Lucy 

From the Mars probe, James Adams says...
> Why does this always get back to the small business owner?  The
> exemption for the estate tax is presently $1,000,000, rising to
> $10,000,000.  That's one hell of a small business.

For those who wish to see what generally happened under the former estate tax. Note
that I didn't include a couple of categories (residences, insurance and
mortages/notes).

For Tax Year 1998 (the last year I could find information relevant) (in billions)
Total estate assets             $195
Business holdings (14.0%)               $ 27.3
        Closely Held Stock                      $ 17.5
        Non-corporate Business          $  4.3
        Farm                                    $  6.3

Non-business related (61.5%)    $120
        Investment in Real Estate               $ 17.2
        Publicly Traded Stock           $ 57.6
        Tax-exempt Bonds                        $ 18.8
        Federal Bonds                           $  6.2
        Cash                                    $ 20.0

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