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Web Exclusives: More letters from alumni
about Estate
tax repeal Estate tax repeal May 27, 2001 Mr. Stankiewicz in his letter of May 16 errs when he says that the death tax does not force "grieving families to sell their inherited business and farms." He quotes an April 8 New York Times article as well as Paul Krugman as support evidence. Unfortunately, both the New York Times and Professor Krugman are incorrect. Had they taken the time to review the facts, they would have found ample evidence. Several such examples can be found in the "home of rural legends", the Senate Finance Committee's Subcommittee Hearing on Taxation on March 15, 2001. (Complete testimony is found at http://www.smartertimes.com/archive/2001/04/010411.html.) There are, of course, valid differences of opinion when it comes to the death tax. But keeping the facts straight is a necessary prerequisite before judgment. Isaiah Cox
'94 Respond
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