June 9, 2006
Timken denies lobbying for repeal of estate tax
By Paul M. Krawzak
Copley News Service
WASHINGTON The Timken Co. and a spokesman for the Timken family
denied a claim by a watchdog organization that the family or company
bankrolled a campaign to repeal a tax on the estates of wealthy
an April report, the Washington, D.C.-based Public Citizen said
Timken was among 18 “super wealthy” families that “have quietly
helped finance and coordinate a massive campaign to repeal” the tax.
evidence, the study noted that in required lobbying disclosure
reports, the publicly held company listed “estate tax repeal” as
among the issues it lobbied Congress on between 2000 and 2003.
far as I’m aware, the company has never taken that kind of position
either for or against estate tax repeal,” Timken spokesman Jeff
said estate tax repeal was listed in the disclosure reports because
it fell within other tax cut bills that the company supported.
Jonathan Crawford, executive director of Timken Family LLC, an
office that handles the family’s private affairs, said “as far as I
know” the family has not been involved in the campaign against the