According to an account posted at TaxProfBlog, Jeffrey Epstein made most of his fortune simply be getting billionaires to execute GRATs to save estate and gift taxes.
I am surprised.
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3 comments:
Charging fees linked to expected tax savings was inspired, but I don’t understand how he got away with it.
I guess no one complained to the government. How else would the IRS find out?
I wasn't thinking of the IRS. I was thinking the rich are different from you and me – they could afford Epstein.
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