Today’s’ New York Times, Lauder and taxes

middle-age American living in New Jersey near the Lincoln Tunnel <<< http://www.nytimes.com/2011/11/27/business/estee-lauder-heirs-tax-strategies-typify-advantages-for-wealthy.html?_r=1&ref=todayspaper  The aforementioned link is a very-long report of the aggressive efforts of Mr. Lauder to avoid tax, and the final paragraph reads: “It’s admirable when people back their charitable impulses up with donations,” said Scott Klinger, tax policy director of the group Business for Shared Prosperity. “But the tax code shouldn’t allow the wealthy the kind of loopholes that let them, essentially, force other taxpayers to underwrite donations to their pet causes.”  In my words, Mr. Lauder gave away millions to good causes in Austria, and his generosity and kindness was honorable and honored.  The problem is when US citizens have to make up what is lacking our government’s ability to collect money.  Indirectly US tax payers were forced to pay for Mr. Lauders Austrian generosity. >>> since public speaking, and posting internet comments are two things people fear, I created an email account for readers to use for anonymous comments: gmail, username: anonymous2tomdoody, password: anonymous123

About Tom Doody

middle-age American living in New Jersey near the Lincoln Tunnel
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