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To: raccoonradio
only she calls one of her garage sales a “Sotheby’s auction.” In 2005, she made $5.5 million, which was a drop from the 1996 auction where she took in $34.5 million, including $2.5 million for her mom’s engagement ring.

I'm surprised Howie didn't mention it, but didn't Caroline and John-John move to get the take from the auction of Jackie's stuff "reclassified" to pay lower taxes on it? Don't know how it went (my guess would be they succeeded!) and I don't move in the rarefied circles that can calculate the difference in inheritance tax and capital gains tax off the top of my head, but they wanted it reclassified one way or the other. You know, you must have asked the IRS for similar favors lots of times! ;-)

17 posted on 12/27/2008 7:15:19 AM PST by maryz (quote)
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To: maryz

who knows; first I’d heard of that!


18 posted on 12/28/2008 5:38:36 AM PST by raccoonradio
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