A decades-long campaign by the ultra-wealthy, including the Koch, deVos, Mars, Bass, and Walton families, has successfully misinformed United States taxpayers about what the estate tax actually is and who it affects.
The 1%
Posted inOpinion
An Escape Pod for the 1%
Wes Heiss’s presentation of “Chariot” at Vox Populi, an artist-run gallery in Philly, is a modest proposal for an uber-wealthy escape pod. Offering all the trappings of a trade show, Heiss’s exhibition convincingly makes a case for protecting oneself from a plebeian demise.
Posted inOpinion
Billionaire Art Fight: Perelman v Gagosian
New York billionaire Ron Perelman is filing for “divorce” from his art mentor/dealer Larry Gagosian and the two A-listers are battling over three art works worth over $25 million.
Posted inOpinion
The Shadowy World of Art in Tax-free Ports
“The majority of the world’s art that is not on display, either in museums or private residences, is stored in a small number of tax-free ports across the globe, mainly in Switzerland.”
Posted inNews
Met Museum Gets $20M from Astor Estate but Childe Hassam Painting Still Missing
When 1%-ers die, their deaths take far longer than then the deaths of 99%-ers. If their memories don’t linger among their friends and family — or at least their family foundations — then at least their afterlives continue in the courts for years, if not longer.
Posted inOpinion
Girlfriend of NY Mayor Tells Sotheby’s Art Handlers to Eat Cake
DNAinfo points to a YouTube video that shows the locked out Sotheby’s art handlers and members of Occupy Wall Street confronting Diana Taylor, the partner of New York Mayor Mike Bloomberg and a member of the Sotheby’s board, at the December 1st meeting of Hudson River Park Trust. It’s not good for Taylor.