No Oil Heir Left Behind
From Rolling Stone:
No Oil Heir Left Behind
The kids of the nation’s oil execs stand to reap more than $210 million if the Estate Tax is repealed permanently according to a congressional report. Forget Paris Hilton. They oughta call it the Lee Raymond Jr. tax. The kids of the former Exxon CEO — who recently took a retirement package worth $400 million — stand to inherit an extra $160 million that would otherwise go to pay for national defense, education, Medicare and other vital government programs.
No Oil Heir Left Behind
The kids of the nation’s oil execs stand to reap more than $210 million if the Estate Tax is repealed permanently according to a congressional report. Forget Paris Hilton. They oughta call it the Lee Raymond Jr. tax. The kids of the former Exxon CEO — who recently took a retirement package worth $400 million — stand to inherit an extra $160 million that would otherwise go to pay for national defense, education, Medicare and other vital government programs.
posted by TLC's Place at 1:02 PM
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