American Engineering Firm Owners Mobilize To Support Repeal of 'Death Tax'

Apr 04, 2001, 01:00 ET from American Consulting Engineers Council

    WASHINGTON, April 4 /PRNewswire/ -- The American Consulting Engineers
 Council (ACEC), the nation's leading business association representing
 America's engineering industry, today applauds the congressional leadership
 and all U.S. Representatives who voted in favor of H.R. 8, the "Death Tax
 Elimination Act."  ACEC commends those members for continuing the momentum for
 one of ACEC's key issues -- the estate tax.
     "The federal estate tax has earned the moniker of 'death tax' due to its
 reputation as one of the most onerous obstacles to engineering business
 continuity and growth," states Arnie Spiess, President of ACEC.
     "The plan to eliminate the estate tax is vital.  Far from being a tax on
 the 'rich,' the 'death tax' is a tax on the American Dream -- punishing hard
 work and job creation," says Dave Raymond, ACEC Executive Vice President.
     ACEC leadership met with President Bush on February 23, as part of a group
 of business associations and firms endorsing the repeal of the estate tax and
 passage of the rate reductions package.
     ACEC is a founding member of the Tax Relief Coalition, joined by 21 of
 ACEC's state engineering organizations:  Alabama, California, Colorado,
 Georgia, Illinois, Kentucky, Louisiana, Michigan, Mississippi, Montana,
 Nebraska, Nevada, New Hampshire, New Jersey, North Carolina, Oklahoma,
 Pennsylvania, South Dakota, Tennessee, Texas, and Virginia.
     "ACEC has mounted an extensive grassroots campaign in support of the tax
 relief package.  Nearly 700 ACEC members visited Washington on March 13 and
 asked Congress to support the President's plan, which includes full repeal of
 the estate tax," says Jack Kalavritinos, Director of Government Affairs.
 "Additional efforts include ACEC legislative alerts that have generated
 hundreds of letters, calls, and emails to key Members of Congress asking for
 their vote in favor of estate tax repeal.  Finally, four business owners were
 invited to the White House, where President Bush thanked them for their
 efforts to repeal this tax."
     Last year, ACEC fought the battle for full repeal of the estate tax.  The
 estate tax legislation passed both Houses of Congress only to be vetoed by the
 president.  This year, ACEC continues to play a strong role in keeping this
 issue a priority, in hopes of final passage by both Houses of Congress and
 signing into law by the President.
     The congressional leadership is to be commended for maintaining the
 momentum of tax relief and repeal of the estate tax.
 
     The American Consulting Engineers Council (ACEC) is the business
 association of America's engineering industry, representing nearly 6,000
 independent engineering companies throughout the United States engaged in the
 development of America's transportation, environmental, industrial, and other
 infrastructure.  Founded in 1910 and headquartered in Washington, D.C., ACEC
 is a national federation of 51 state and regional organizations.
 
 

SOURCE American Consulting Engineers Council
    WASHINGTON, April 4 /PRNewswire/ -- The American Consulting Engineers
 Council (ACEC), the nation's leading business association representing
 America's engineering industry, today applauds the congressional leadership
 and all U.S. Representatives who voted in favor of H.R. 8, the "Death Tax
 Elimination Act."  ACEC commends those members for continuing the momentum for
 one of ACEC's key issues -- the estate tax.
     "The federal estate tax has earned the moniker of 'death tax' due to its
 reputation as one of the most onerous obstacles to engineering business
 continuity and growth," states Arnie Spiess, President of ACEC.
     "The plan to eliminate the estate tax is vital.  Far from being a tax on
 the 'rich,' the 'death tax' is a tax on the American Dream -- punishing hard
 work and job creation," says Dave Raymond, ACEC Executive Vice President.
     ACEC leadership met with President Bush on February 23, as part of a group
 of business associations and firms endorsing the repeal of the estate tax and
 passage of the rate reductions package.
     ACEC is a founding member of the Tax Relief Coalition, joined by 21 of
 ACEC's state engineering organizations:  Alabama, California, Colorado,
 Georgia, Illinois, Kentucky, Louisiana, Michigan, Mississippi, Montana,
 Nebraska, Nevada, New Hampshire, New Jersey, North Carolina, Oklahoma,
 Pennsylvania, South Dakota, Tennessee, Texas, and Virginia.
     "ACEC has mounted an extensive grassroots campaign in support of the tax
 relief package.  Nearly 700 ACEC members visited Washington on March 13 and
 asked Congress to support the President's plan, which includes full repeal of
 the estate tax," says Jack Kalavritinos, Director of Government Affairs.
 "Additional efforts include ACEC legislative alerts that have generated
 hundreds of letters, calls, and emails to key Members of Congress asking for
 their vote in favor of estate tax repeal.  Finally, four business owners were
 invited to the White House, where President Bush thanked them for their
 efforts to repeal this tax."
     Last year, ACEC fought the battle for full repeal of the estate tax.  The
 estate tax legislation passed both Houses of Congress only to be vetoed by the
 president.  This year, ACEC continues to play a strong role in keeping this
 issue a priority, in hopes of final passage by both Houses of Congress and
 signing into law by the President.
     The congressional leadership is to be commended for maintaining the
 momentum of tax relief and repeal of the estate tax.
 
     The American Consulting Engineers Council (ACEC) is the business
 association of America's engineering industry, representing nearly 6,000
 independent engineering companies throughout the United States engaged in the
 development of America's transportation, environmental, industrial, and other
 infrastructure.  Founded in 1910 and headquartered in Washington, D.C., ACEC
 is a national federation of 51 state and regional organizations.
 
 SOURCE  American Consulting Engineers Council