Andrew Carnegie was one of the richest businessmen and philanthropist in the United States history and he earned his multimillionaire wealth thanks to the steel industry. He also wrote the Gospel of Wealth, a book where he says
"The budget presented in the British Parliament the other day proposes to increase the death duties; and, most significant of all, the new tax is to be a graduated one. Of all forms of taxation this seems the wisest. Men who continue hoarding great sums all their lives, the proper use of which for public ends would work good to the community from which it chiefly came, should be made to feel that the community, in the form of the State, cannot thus be deprived of its proper share. By taxing estates heavily at death the State marks its condemnation of the selfish millionaire's unworthy life."
Thus, we can say he agrees with the practice of taxing large estates heavily at death. Thus the right answer is True.