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America’s Inherited Wealth Dynasties Park Trillions Out of Reach of Taxation

There is an understandable focus on new wealth technology billionaires like Elon Musk and Jeff Bezos, especially as their wealth surges during the pandemic. But it is equally important to understand how multi-generational wealth dynasties are deploying…

There is an understandable focus on new wealth technology billionaires like Elon Musk and Jeff Bezos, especially as their wealth surges during the pandemic. But it is equally important to understand how multi-generational wealth dynasties are deploying dynasty trusts and other elaborate tax dodges to sequester trillions and dodge inheritance taxes. Wealth managers have pointed More

The post America’s Inherited Wealth Dynasties Park Trillions Out of Reach of Taxation appeared first on CounterPunch.org.


This content originally appeared on CounterPunch.org and was authored by Chuck Collins.


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» America’s Inherited Wealth Dynasties Park Trillions Out of Reach of Taxation | Chuck Collins | Radio Free | https://www.radiofree.org/2022/02/10/americas-inherited-wealth-dynasties-park-trillions-out-of-reach-of-taxation/ |

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