The news today that Obama and Senate Democrats will move to block the death tax from phasing out as scheduled under current law flies in the face of everything they've been saying about not raising taxes during an economic crisis. It also will undermine their promise to help create jobs, because the death tax destroys as many as 250,000 jobs every year by forcing family businesses to liquidate their assets to pay the tax. These forced liquidations also contribute to the decline in asset values. When we should be lowering barriers to capital formation to cushion the blow of the credit liquidation cycle, it looks like Obama and Senate Democrats are doing the opposite, because they just can't let go of their anti-growth, anti-jobs, tax-the-rich impulse when it comes to the death tax.