No tax breaks for the rich!
Next thing you know, there will be exposé on the ‘new, L.A., rich, but, homeless.’
This reminds me of AOC and her tax the rich dress.
Man, that is some high-priced real estate.
Celebrity blinds say that Carrey is selling out to move to Mexico.
Isn’t this just hilarious? The buyer’s pool is going to be less and less as the economy becomes worse and taxes increase on everything. It’s like musical chairs. Someone is going to be left without a seat.
Feel good story of the day!
Money is like a drug to the left, once addicted to other people’s money there is never enough.
Like the income tax it starts out only for the “rich” but soon enough in the name of fairness every real estate sale will be taxed.
Socialism fails for two reasons, one human nature and two there is never going to be a point they have enough money to do the things they want to do.
These people are too ignorant to understand it is the socialist policies that have created the housing shortage. Get government out of the way and the market place would solve the problem.
I hope they all get a massive haircut!😃
Must raise money for those Reparations
Almost every one of them voted for exactly this to happen to themselves.
You just can’t fix stupid.
And then there’s one of my favorite up and coming young actresses, who lives in a double wide in a trailer park.:)
I exaggerate only slightly. It’s technically classed (per Zillow) as “mobile manufactured.”
No names please, even on the remote chance that you suspect the answer. Privacy is important for the folks with real people incomes who don’t live with bodyguards and elaborate security for their walled compounds. Which is about 99.99 percent of the people who work in the industry.
I suppose these einsteins could just stay put and not sell, then they won’t have to pay the tax. Guess I don’t understand the very rich. Not that I really want to.
I’m always amazed at some of the people who have that kind of money to spend on a house.
The A++++ list movie stars who have been around for two or three decades, I can understand. The economics of the industry have changed and the mega-million dollar contracts for a starring role are rapidly becoming extinct. (And very few people got those, even in the glory years.) Also going extinct are the lucrative backend deals, and the streamers are even finding ways to slash residuals. But until recently, a big star with a series of successful blockbusters could become quite wealthy. On top of that, many of them get entrepreneurial, set up their own companies and produce their own films. I give them credit for that and don’t begrudge the money they make.
The younger actors just coming up must be sick inside, realizing that they’re 20 years too late. The streamers are swallowing the whole industry and squeezing everyone. But that’s another story.
The big recording stars I can understand. You too could have a huge mansion if you sold eleventy-seven bazillion records and have 50 tunes playing incessantly on the radio and across Spotify and similar platforms.
The producers I can understand. They build busineses and, if successful, can reap big rewards.
The major league athletes I can understand. If someone pays you $20 million a year to play shortstop and advertisers think you’re marketable, you can make big bucks. And a lot of the athletes are stupid enough to live really big in the five year window they enjoy before injury or age cuts them down. The smart ones, however, can be sitting pretty for life.
That said, I cannot understand the army of very wealthy people, mostly self-made, who are famous for being famous — people like Paris Hilton and Kim Kardashian, who rode leaked sex tapes to celebrity status. Or Instagram and TikTok stars, social media influencers, and various species of consultants, agents, and other hangers-on who seem to make fortunes in the celebrity freakshow business.
Of course, if I understood it, I suppose I too could be rich. But as it is, I can respect the singer who can really sing, the actor who can really act, and the champion athlete who excels in a competitive arena. But the others? How?