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.
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.
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.
“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.”
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.
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.