Free Republic
Browse · Search
News/Activism
Topics · Post Article

To: Carolinamom

I thought he refused his salary. At least he did for a while. The trust pays him.


2,116 posted on 01/12/2006 12:17:03 PM PST by saveliberty (Proud to be Head Snowflake, Bushbot and a new member of Sam's Club)
[ Post Reply | Private Reply | To 2109 | View Replies ]


To: saveliberty

The book Do As I Say details that Kennedy, despite the mantra that the rich SHOULD pay more taxes, few people have been as effective as Kennedy at avoiding taxes.

Their REIT is domiciled in Fiji but the family avoids IRS scrutiny.

Although Joe Kennedy's fortunte was between $300-500m, the family paid a paltry $134,330 in estate taxes which is an effective inheritance tax rate of .04%.

There's more. Way more. But you get the idea. Few people have avoided paying taxes like the Kennedy's.


2,136 posted on 01/12/2006 12:21:14 PM PST by Peach
[ Post Reply | Private Reply | To 2116 | View Replies ]

Free Republic
Browse · Search
News/Activism
Topics · Post Article


FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson