Recent Comments:
Astor Courts, Estate of the Day {Luxist}
Sep 27th 2009 1:33PM Incredible,
I cant say I care much for the exterior of the structure, but the grounds and interior wreak of a delightful world of old luxury.
A fascinating estate by a fascinating family.
Win A Copy Of The Private World of Yves Saint Laurent & Pierre Bergé {Luxist}
Sep 24th 2009 7:48PM A wonderful addition to any collection, I applaud you Deidre.
Sunday Real Estate Round-Up, 09/20/09 {Luxist}
Sep 20th 2009 5:47PM Deidre: I believe the listing second from the top, John Steinbeck's link, is also not working.
Unique Tax Changes for the Rich in Connecticut {Luxist}
Sep 10th 2009 2:23AM Very interesting approach the Governor is taking.
I offer my ignorance of Connecticut affairs as my disclaimer to begin, but that having been said….
I believe her assumption is that the proposed hikes on the living as well as future millionaires moving to the state would more than compensate for the elimination of the inheritance tax.
It’s a bold approach that I am sure many will mistakenly claim as right wing, being that the goal is to encourage the wealthy to pay more in taxes. I believe they would gladly make the trade, bravo on a unique approach.
John Cleese's Big Divorce Settlement {Luxist}
Aug 21st 2009 3:58AM I have to say, these types of stories are the reason I would like a pre-nump.
I would have no problem supporting the kids. But if my wife cheats and we divorce as a result, is it fair she takes everything when she was the stay at home mom?
Businessman Lowers Donation, Loses Name Above The Door {Luxist}
Aug 20th 2009 12:34AM He should consider himself very fortunate to have lost only the naming rights.
A similar situation took place at University of California, Davis when Robert Mondavi pledged an amount he was ultimately unable to pay. When he asked for it to be reduced they sued and it ended up costing him his business.
More often then not, a pledge to a University is binding simply because they don’t wait on construction to validate your ability to pay.
Finally Some Good News For Gordon Ramsay {Luxist}
Aug 20th 2009 12:28AM Although I have never personally eaten at any of Gorden Ramsey’s establishments, this surprises me. Due to his outlandish TV appearances, I always considered him the Donald Trump of the food world. He is fun to watch but probably a mediocre chef at best, like Trump is fun to watch but a terrible businessman.
However to be rated with the likes Heston Blumenthal is truly remarkable, and perhaps I have been wrong in my assumptions. Kudos to them both.
Are More Wealthy People Giving Up The U.S. Passport To Avoid Taxes? {Luxist}
Aug 20th 2009 12:17AM Fairly interesting discussion so far,
While it seems that Riddler has experienced personal examples of negative inclinations, I would submit that there are far more numerous examples of those with means using them in a positive manner.
To suggest that there is no room for new Golden Geese is rather ridiculous. It is a fact that in America personal fortunes (which are also the greatest) rarely last more then two generations; due to inhibiters like death and inheritance tax. Further more you have neglected to consider the numerous counter points to your argument like the existence of innovation
I don’t believe anyone would argue that a child born into greater means has equal opportunity those born with less, but early circumstances are little indication of the future. There exist many people who come from nothing yet accomplish everything.
Queen Anne Victorian, Estate of the Day {Luxist}
Aug 18th 2009 1:31PM Some of these pictures show a tastefully decorated and remolded estate, others show a polarizing array of colors and patterns lacking in neutrality.
But what remains clear is the wine room/vegetable garden are simply to die for.
Are More Wealthy People Giving Up The U.S. Passport To Avoid Taxes? {Luxist}
Aug 18th 2009 12:33PM Excellent article Deidre,
This really reinforces the conservative taxation rhetoric regarding increasing taxes on the wealthy. Expatriation was always a common theme in my economic classes at Berkeley, yet regarded as right wing agenda in the Political Science dept.
Increasing the taxes on the rich only forces them to relocate, essentially accomplishing the opposite of intended increased tax gains. They are not wealthy because they are foolish with their money; they are wealthy because they know how to keep it.
