| Death Tax Newsletter October 21, 1998
To: Pacific Northwest family owned daily newspapers
A. L. (Butch) Alford, Jr.
Lewiston Morning Tribune
Lewiston, ID |
Alton F. Baker III
The Register-Guard
Eugene, OR |
Chris Bennett
The Medium
Seattle, WA |
Jerry Brady
Post Register
Idaho Falls, ID |
Scott Campbell
The Columbian
Vancouver, WA |
Chuck Cochrane
Yakima Herald-Republic
Yakima, WA |
Wm. Stacey Cowles
The Spokesman-Review
Spokane, WA |
Nancy L. Freeman
Kodiak Daily Mirror
Kodiak, AK |
Deborah Frol
Walla Walla UB
Walla Walla, WA |
Stephen Hartgen
The Times-News
Twin Falls, ID |
Peter Hovitz
Eastside Journal
Bellevue, WA |
David Lord
Pioneer Newspapers
Seattle, WA |
Elizabeth McCool
The Bulletin
Bend, OR |
Ted Natt
The Daily News
Longview, WA |
Thad Poulson
Daily Sitka Sentinel
Sitka, AK |
Ronald Stewart
The News-Review
Roseburg, OR |
Dwight Tracy
Herald and News
Klamath Falls, OR |
Dennis Waller
The Chronicle
Centralia, WA |
Lew Williams, III
Ketchikan Daily News
Ketchikan, AK |
L. Stedem Wood
Skagit Valley Herald
Mt. Vernon, WA |
Rufus Woods
The Wenatchee World
Wenatchee, WA |
cc:
Evonne Agnello
Pacific Northwest Newspaper
Association |
Diana Kramer
Washington Newspaper
Publishers Association |
Virginia Moorehouse
The Bakersfield Californian
Bakersfield, CA |
Rowland Thompson
Allied Daily Newspapers
of Washington |
Alexis Scott Reeves
Atlanta Daily World
Atlanta, GA |
Dorthy Leavell
Chicago Crusader
Chicago, IL |
Death Tax Newsletter
This bi-monthly newsletter is produced by the Seattle Times for family owned newspapers. Please share it with other family businesses in other industries. Any suggestions for distribution or content will be greatly appreciated.
Death Tax Repeal in 1999
The outside chance of getting repeal of the death tax in 1998 has passed.
There is real prospect for repeal in 1999.
According to Congresswoman Jennifer Dunn, the House Republican leadership has assured her that total repeal will be included in the Republicans 1999 tax bill.
As we understand it, the process to determine what will go in that tax bill, and its priorities, will begin in earnest in January 1999. By April the die will have been cast.
Consequently, Congressional members need strong encouragement between now and January or February 1999.
It is our understanding that it is as important to contact Newt Gingrich and the Republican House leadership as it is members of our own delegations.
It is also very important to let Congresswoman Dunn know how appreciated her efforts are.
Democrats for Repeal
It continues to be extremely important that Democrats start to endorse repeal legislation.
In Washington State, Congressional candidate Brian Baird fullyunderstands this issue, having been initially schooled on it by Ted Natt. Baird has indicated, if elected, he will sign on to repeal bills. He is a great starting point for anybody who wants to make a contact.
Senator Patty Murray is also very versed on the issue and very supportive. However, she feels she is stuck with the current Congressional budget office scoring of something like $100 million of revenue loss for the Dunn/Tanner repeal bill.
She understand that the CBO numbers are not valid, and in fact the death tax hurts the economy. However, she points out that Congress is stuck with them and she is willing to work to try to get CBO to reduce their scoring. Any calls to Murray would also be very helpful.
Jobs and Economy
The need to continually educate people on the horrible impact of the death tax is still paramount. People need to understand what this does to kill jobs and small business, and that it actually is negative to the economy. We need to tell that story over and over.
PNNA Meeting
The Seattle Times will be hosting the informal dinner and the informal lunch during the PNNA meeting for anybody interested in discussing the death tax and repeal efforts in more detail. For more information, please call Daniel Royer at 206-464-8322.
Web site - www.deathtax.com
Did You Know?
The death tax brings in less than 1.1 percent of total federal revenues.
And, it is estimated it costs the government 65 cents of every dollar raised for enforcement and compliance.
The death tax is a jobs issue.
Repeal of the tax would result in 145,000 new jobs over the first 9 years of repeal.
And that doesnt include the countless jobs that would be saved if the death tax didnt force 70% of family and small businesses to liquidate or sell out after only one generation.
99% of all private businesses have fewer than 500 employees. This represents 50% of all private sector jobs which generate 50% of all revenue.
77% of the American voters polled by the 60 Plus Association indicated that they would be "more likely" to vote for their member of Congress if he or she voted to eliminate the death tax. |