05-04-2009, 10:59 AM
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CC Member
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Join Date: Jul 2001
Location: Senoia,
Ga.
Cobra Make, Engine: 427SO with big twin autolite inlines on custom intake, jag rear, top loader, wembeldon white, guardsmen blue stripes
Posts: 3,155
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Not Ranked
Barack to close offshore tax loopholes, and........
......teddy won't like that one bit......
Senator Edward Kennedy has moved his entire personal estate assets to an offshore trust located in Tortola, BVI? Possibly because BVI has no estate or death tax? Kennedy has few personal assets in the U.S. The family pays an annual rent (to cover property taxes, insurance, maintenance, operations, etc.) to his BVI trust for his considerable luxury compounds located in Martha's Vineyard, Palm Beach and elsewhere. Along with lot's of other folks.
http://www.foxnews.com/politics/2009...usiness-taxes/
__________________
Perry
Remember!, there's a huge difference between a 'parts' changer, and a mechanic.
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