God Morning LucyT,
As usual the Kennedy's have been looking out for us little folk(s) all along.
Funny how they legislate new taxes, which never apply to them through their clandestine methods of tax proofing.
When Teddy "Jabba the Gut" aka the "Scotch&Water Orator" expires.
Well the people of Ma. will probably have Teddy's "Oldsmosub" resurrected as a National State Monument.
I think the proper ephithet for that monument should be, (Only Wealthy Liberal Communist, May Commit Murder and Get Away Free.)
Wishing you and all Freepers a "Happy Dixie New Year's."
Cordially,
NSNR-THM
Thanks, NSNR, Happy New Year to you too, and Happy New Year to all y'all. (that's suthern talk)
Here's a bit more from the book about the Kennedys, ot, or maybe not, isn't there an oil refinery in Aruba?:
"Kennedys own some oil companies themselves: once called Kenn Oil, is now named The Arctic Oil Royalty Trust, despite the name, drilling in five states including Texas and Oklahoma.
"Kenoil and Mokeen Oil. In 1985, Kennedy converted these two companies to Royalty Trusts, thus avoiding paying any corporate taxes, “windfall” or otherwise (see p. 92 of Do As I Say (Not As I Do)).
"The Kennedys also have oil deposits in Louisiana, as well as mineral rights on properties in Alabama, Florida and Mississippi.....
"Much of the land was accumulated by convincing poor rural black farmers to give away their “mineral rights,” not knowing what it meant. The Kennedys set the operation up as a Royalty Trust to avoid paying income and corporate taxes on the profits. Family members including Ted Kennedy, environmentalist Robert Kennedy, Jr., and Joe Kennedy, Jr. receive checks every year."
It would be my guess Caroline and the Missus Schwarzenegger receive tax free checks also.