In Memoriam: ACCF Founding Member Neil Wissing
A champion of pro-growth tax and economic policy has passed on. Neil Wissing was a founding member of the ACCF and an active player in the reduction of capital gains tax rates. See summaries of 1981 ACCF Board Meeting and Policy Committee Meeting.
ACCF President and CEO Mark Bloomfield: “Neil was my mentor for more than three decades, even in retirement. He was also way so generous with his time and his expertise and I suspect I was just one of many to benefit. He was a guiding spirit until his last breath and although others got the recognition he was the real architect of the 1978 and 1981 capital gains tax cuts. I will never forget Neil, a truly remarkable man.”
Neil Phillip Wissing, a retired Vice President and Director of Taxes for Weyerhaeuser Co., passed away on August 9th, 2014. He was born to Carroll and Virginia (Rengstorff) Wissing in Grants Pass, OR, on September 30, 1931. His parents and his eldest son, Kim, predeceased him. Neil was married to Donnalee Lashua on September 5, 1952, in Roseburg, OR and she survives him at their Fircrest home. Also surviving him are two sons, Jeffery (Theresa) of Puyallup, and Greg of Tacoma, as well as his beloved grandchildren, Chad (Hilo, HI), Brittany (Los Angeles), Trevor and Tyler (Puyallup), Jacob and Amanda (Tacoma), and his sister, Joan Sue Clarkson (George) of Bishop, CA. Neil and his family moved to the Tacoma area in 1957 when he joined the Weyerhaeuser Finance Group.
In his role as a tax executive, he was deeply involved in federal and state fiscal policy, emphasizing enhancement of capital formation. He was a founder of the American Council for Capital Formation in Washington, DC, and served as chairman of taxation committees for numerous forest products industry associations. He was widely recognized as an expert on capital gains taxation, and was instrumental in the significant reduction in capital gains tax rates in 1978 and 1981. Neil was also a long-term member of the tax committees of the Business Roundtable, the Chamber of Commerce, and the National Association of Manufacturers. He participated extensively in programs to improve relationships between the Internal Revenue Service and taxpayers. Neil was honored to serve on the IRS Commissioner’s Advisory Group in 1988, and was active in liaison efforts with the Regional Commissioner’s office and staff. He also twice chaired the Washington Research Council. He was President of the Seattle chapter of Tax Executives Institute, and served as National Secretary, as well as endless years on that organization’s Executive Committee.
Neil was a graduate of Oregon State University, the University of Oregon, and Harvard where he completed the Advanced Management Program 74th AMP. Following graduation from OSU, he served in the Air Force as a pilot, and medically retired as a 1st Lt. after a bout with polio. He was an ardent fly fisherman, and an accomplished fly-tyer, and was a member of the New York Anglers Club and the Fly Fishing Federation. A long-time Fircrest resident, Neil was a past chairman of the Fircrest Planning Commission. He was also a past member of The Tacoma Club, the Fircrest Golf Club, Elks Lodge #174, and the Fircrest Kiwanis. Funeral services will be held at Fircrest United Methodist Church on Friday, Sept 12th, at 1pm. Reception will follow at Fircrest Golf & Country Club at 2pm. In lieu of flowers, the family suggests a memorial donation to Project Healing Waters which is dedicated to the physical and emotional rehabilitation of disabled active military service personnel and disabled veterans through fly fishing and associated activities. www.projecthealingwaters.org.