Article: THE ARGUMENT FOR INHERITANCE TAXES.(NEWS)

Byline: George Will

WASHINGTON -- Irwin Stelzer was born in modest circumstances on Manhattan's Lower East Side. After college he made lots of money as an economic consultant. Today he has homes in Aspen, London and Washington, where he thinks at The American Enterprise Institute, a conservative think tank. His hobby is writing trenchantly about public policy. Many conservatives, once they read his essay about inheritance taxes (in The Weekly Standard, out Sunday), may wish Stelzer would find another hobby.

Most conservatives want to cut inheritance taxation, if they cannot abolish it. They say such taxation is institutionalized envy, confiscation in ...

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