Once again nice work! Came across this tidbit regarding tax inversions. You know, the kind Buffet cashed in on recently. I bet he doesn't even need to vote...
Maine’s largest landowner, billionaire media magnate avoids millions in taxes with inversion deal
Shifting the address of his Liberty Global Inc. from Colorado to London last year didn’t just put billionaire John C. Malone in a position to reduce his company’s tax bill.
He also took precautions to avoid the capital-gains hit that the so-called inversion would trigger for him and other investors. The day before the deal was announced, Malone — the company’s chairman and controlling shareholder — transferred $600 million of his shares into a tax-exempt charitable trust. He avoided paying taxes on his remaining stake, worth about $260 million, by exploiting IRS regulations meant to block a different loophole.
All told, Malone escaped about $200 million in personal taxes, and Liberty Global’s U.S. shareholders together likely saved more than a billion dollars, according to data compiled by Bloomberg.
“He’s congenitally averse to paying taxes,” said Robert Willens, an independent tax accounting analyst in New York City.
As the Obama administration attempts to implement anti-inversion rules announced in September, Liberty’s strategies illustrate how billionaires and their companies find their way around tax regulations, and take advantage of unintended consequences.
Malone — whose net worth is $7.5 billion, according to the Bloomberg Billionaires Index — has a history of creative tax-avoidance tactics. Over the years, many of the 73-year-old media billionaire’s biggest deals, such as buying the Atlanta Braves, have helped his companies to cut their tax bills.
Malone has at least four other charitable trusts, with more than $210 million in assets, IRS records show. Such trusts permit wealthy individuals to use the tax-exempt status of a charity to shelter income. In the past two years, he has also taken advantage of an Irish tax break to buy prime real estate in central Dublin.
Marcus Smith, a Liberty Global spokesman, declined to comment. He directed a request to interview Malone to Courtnee Ulrich, a spokeswoman at another of Malone’s companies, Liberty Media Corp. She declined to answer questions and said Malone would not comment...
John Malone, the billionaire behind UPC-owner Liberty Global, has bought the five-star Westin Hotel in Dublin for €65 million. The acquisition is expected to close at the end of August 2014.
The Westmoreland Street hotel will be operated by Lalco Hotel Group under a franchise agreement with Westin Hotels & Resorts.
The Westin is the third hotel in Dublin to be acquired by Mr Malone and his Irish partners Lalco, operated by John Lally and Paul Higgins. The others are the Trinity City Hotel, Pearse Street and Hilton Hotel, Charlemont Place...
...Mr Malone is chairman of Liberty Global. His other investments include the Discovery Channel, QVC shopping channel, TripAdvisor and Virgin Media.
I vote we END THE FEDERAL RESERVE
and that WE THE PEOPLE print debt-free currency
Inventor Thomas Edison put it this way: “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
” … It is absurd to say that our country can issue $30,000,000,000 in bonds and not $30,000,000,000 in currency. Both are promises to pay; but one promise fattens the jew, and the other helps the people.”
That´s a fantastic string of hits you just racked up , WB!
Really captures the zeitgeist. Together with the nauseous feeling I already had when contemplating those mid-term "free and democratic elections" and the ensuing clusterfuck.
On towards 2018. Shanksville revisited or go straight to war...? Not a real war against an capable foe of course but the usual genocide in a smaller nation without.
I have a former political friend who sometimes feels the need to share information. The guy is extremely intelligent and does not like politics anymore and hates the news and every just about every else you can think of. So here is his advice for tomorrow's voting.
In most other walks of life you'd be out on your fucking ass if you didn't perform. A lone exception is public service and in particular PolitiSHAMS.
From day one these opportunists are nobbled ( bought ). Tow the party line ; we'll get you on a committee and introduce you to a few lobbyists who'll guarantee you funding for the next term.
Real cozy. Cooperate and you never know that great revolving door to WallyStreet beckons or a seat on a Blue Chip.
You have to be a certain type of person having failed miserably to represent your constituents to stand for selection for a second term.
Whereas, we have a gaggle of information givers, snotty nosed liars, and TV-tricksters that are far moar practiced at deceiving and propagating fear using lies and mis/dis-information, than they are at telling the simple truth. Meanwhile, the world falls.
VOTE OUT ALL INCUMBENTS!
Do not be stupid and ask for the same old carp we have seen for all these last decades by voting for any of the darn incumbents again. No moar puppet cronyism. No moar open borders. No moar lack-toast attitude towards the obola. NO MOAR WAR for the bankster/MIC profiteers. Bring all our troops home NOW! Stop supporting murderous nazi juntas. Stop supporting the murder of the Palestinian people.
NO MOAR NO MOAR NO MOAR. VOTE OUT ALL INCUMBENTS TOMORROW!
I vote we END THE FEDERAL RESERVE
and that WE THE PEOPLE print debt-free currency
Inventor Thomas Edison put it this way: “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
” … It is absurd to say that our country can issue $30,000,000,000 in bonds and not $30,000,000,000 in currency. Both are promises to pay; but one promise fattens the jew, and the other helps the people.”
Slacking around the fake voting station I am amazed how many people live in my neighborhood that I have never seen before, who neither speak English, smile or make eye contact.
It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything.
Don't complain if you don't participate. Oh, that's right. You sovereign men are above the fray. Good luck with that. You should hope you never need an army...or countrymen.
In Illinois, you can vote 'D'. OR, you can TRY to vote 'R' (but the machine will auto-correct your letter choice for you). It doesn't seem to know when you vote 'I', though. I think it just 'memory-dumps' or something.
I will vote tomorrow anyway, in spite of the choice of tweedle dum or dee. Real change doe s not come from elections, but maybe it will start a smoulder some place.
My City (a small metropolitan area in the Intermountain West) closed polling stations and voting booths - and is doing mail-in ballots only this election.
Giving up all appearances of voting making a difference?
How many times have I read on ZH the quote that all it takes for evil to succeed is for good men to do nothing? Not voting equates to doing nothing. So what else are you willing to do to fix thihngs?
Trying to ignore the system may sound great, but eventually the system will not ignore you.
Yeah we know where they all go on Sundays... We suggest you drone bomb them when they're all together in one place. Every Sunday they all get together in this one little building. It's on the corner. You'll recognize it when you see it. It's the Jewish church...
I'd like to reply to your comment in a fashion that you may understand.
HOW MANY TIMES have you voted, only to see that it has made NO DIFFERENCE AT ALL?
It will continue to be this same way, and has been since the FED took control in 1913 (when CONGRESS abdicated their responsibilities under the Constitution to coin the money and set the values thereof; and States abdicated THEIR responsibility to take nothing but Gold and Silver Coin, a tender in payment of debt).
When GOOD MEN DO nothing, evil DOES succeed. VOTING is like... well, it's like doing NOTHING (with the appearance of doing 'something'). Checking a box on a piece of paper, or pulling a lever in a Las-Vegas-style DEIBOLD machine isn't exactly 'taking action'; do you understand?
You truly believe the LIE of the FALSITY OF CHOICE when you speak of 'voting'.
Eventually, you will come to realize this TRUTH (hopefully, before it collapses).
I vote we END THE FEDERAL RESERVE
and that WE THE PEOPLE print debt-free currency
Inventor Thomas Edison put it this way: “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
” … It is absurd to say that our country can issue $30,000,000,000 in bonds and not $30,000,000,000 in currency. Both are promises to pay; but one promise fattens the jew, and the other helps the people.”
this is one of those horrid experiments they used to do on animals before they realized that corporations could sell anything they wanted to consumers without liability, and judge the toxicity by the number of frivilous lawsuits the survivors brought.
EARLY RESULTS are ALWAYS REPORTED FIRST in fucking IOWA.
FUCKING IOWA! Des Moines is a modern metropolis, you know. WATCH IOWA, because as IOWA goes, so goes the NATION. (Who the fuck thought that IOWA was important, anyway? The RNC and the DNC, perhaps? WHO THE FUCK are the people who control these parties? Are they ELECTED, or do they appoint THEMSELVES [or does some group who shall as yet remain nameless APPOINT them to pick the candidates that they 'choose' to support? I mean, MITT fucking ROMNEY was the 'candidate' of the RNC in '12? Ron PAUL had OVERWHELMING grassroots support, but the RNC and the MSM shut the peoples' will DOWN! Same thing happened in '08 {but they picked Songbird McCain the Insane to promote.}])
No 'hanging chads' THIS TIME, though, I suppose. The MIC and Yellen/Soros parties will be triumphant, once again. Reid will get his payoff, and Pelosi will get another sweetheart deal for her hubby, and the rest of the WORLD will finally get sick of this shit...
superb images WB7, nice visual combat.
Once again nice work! Came across this tidbit regarding tax inversions. You know, the kind Buffet cashed in on recently. I bet he doesn't even need to vote...
Maine’s largest landowner, billionaire media magnate avoids millions in taxes with inversion dealhttp://bangordailynews.com/2014/11/03/business/maines-largest-landowner-...
Shifting the address of his Liberty Global Inc. from Colorado to London last year didn’t just put billionaire John C. Malone in a position to reduce his company’s tax bill.
He also took precautions to avoid the capital-gains hit that the so-called inversion would trigger for him and other investors. The day before the deal was announced, Malone — the company’s chairman and controlling shareholder — transferred $600 million of his shares into a tax-exempt charitable trust. He avoided paying taxes on his remaining stake, worth about $260 million, by exploiting IRS regulations meant to block a different loophole.
All told, Malone escaped about $200 million in personal taxes, and Liberty Global’s U.S. shareholders together likely saved more than a billion dollars, according to data compiled by Bloomberg.
“He’s congenitally averse to paying taxes,” said Robert Willens, an independent tax accounting analyst in New York City.
As the Obama administration attempts to implement anti-inversion rules announced in September, Liberty’s strategies illustrate how billionaires and their companies find their way around tax regulations, and take advantage of unintended consequences.
Malone — whose net worth is $7.5 billion, according to the Bloomberg Billionaires Index — has a history of creative tax-avoidance tactics. Over the years, many of the 73-year-old media billionaire’s biggest deals, such as buying the Atlanta Braves, have helped his companies to cut their tax bills.
Malone has at least four other charitable trusts, with more than $210 million in assets, IRS records show. Such trusts permit wealthy individuals to use the tax-exempt status of a charity to shelter income. In the past two years, he has also taken advantage of an Irish tax break to buy prime real estate in central Dublin.
Marcus Smith, a Liberty Global spokesman, declined to comment. He directed a request to interview Malone to Courtnee Ulrich, a spokeswoman at another of Malone’s companies, Liberty Media Corp. She declined to answer questions and said Malone would not comment...
http://www.irishtimes.com/business/sectors/transport-and-tourism/us-bill...
John Malone, the billionaire behind UPC-owner Liberty Global, has bought the five-star Westin Hotel in Dublin for €65 million. The acquisition is expected to close at the end of August 2014.
The Westmoreland Street hotel will be operated by Lalco Hotel Group under a franchise agreement with Westin Hotels & Resorts.
The Westin is the third hotel in Dublin to be acquired by Mr Malone and his Irish partners Lalco, operated by John Lally and Paul Higgins. The others are the Trinity City Hotel, Pearse Street and Hilton Hotel, Charlemont Place...
...Mr Malone is chairman of Liberty Global. His other investments include the Discovery Channel, QVC shopping channel, TripAdvisor and Virgin Media.
He is the largest individual landowner in the United States with 2.2 million acres inMaine, Maryland, New Mexico, Colorado and Wyoming.
I vote we END THE FEDERAL RESERVE
and that WE THE PEOPLE print debt-free currency
Inventor Thomas Edison put it this way: “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
” … It is absurd to say that our country can issue $30,000,000,000 in bonds and not $30,000,000,000 in currency. Both are promises to pay; but one promise fattens the jew, and the other helps the people.”
Remember Weimar
That´s a fantastic string of hits you just racked up , WB!
Really captures the zeitgeist. Together with the nauseous feeling I already had when contemplating those mid-term "free and democratic elections" and the ensuing clusterfuck.
On towards 2018. Shanksville revisited or go straight to war...? Not a real war against an capable foe of course but the usual genocide in a smaller nation without.
I have a former political friend who sometimes feels the need to share information. The guy is extremely intelligent and does not like politics anymore and hates the news and every just about every else you can think of. So here is his advice for tomorrow's voting.
https://www.youtube.com/watch?v=CdIT74L8hGI
Have you done a graveyard or a tombstone with "I voted" stickers all over yet?
seems appropriate.
In most other walks of life you'd be out on your fucking ass if you didn't perform. A lone exception is public service and in particular PolitiSHAMS.
From day one these opportunists are nobbled ( bought ). Tow the party line ; we'll get you on a committee and introduce you to a few lobbyists who'll guarantee you funding for the next term.
Real cozy. Cooperate and you never know that great revolving door to WallyStreet beckons or a seat on a Blue Chip.
You have to be a certain type of person having failed miserably to represent your constituents to stand for selection for a second term.
as in grades of beef, good, choice, prime. i think america is mostly choice, but more likely good, and the prime is reserved for the elite
.
Whereas, we have a gaggle of information givers, snotty nosed liars, and TV-tricksters that are far moar practiced at deceiving and propagating fear using lies and mis/dis-information, than they are at telling the simple truth. Meanwhile, the world falls.
VOTE OUT ALL INCUMBENTS!
Do not be stupid and ask for the same old carp we have seen for all these last decades by voting for any of the darn incumbents again. No moar puppet cronyism. No moar open borders. No moar lack-toast attitude towards the obola. NO MOAR WAR for the bankster/MIC profiteers. Bring all our troops home NOW! Stop supporting murderous nazi juntas. Stop supporting the murder of the Palestinian people.
NO MOAR NO MOAR NO MOAR. VOTE OUT ALL INCUMBENTS TOMORROW!
Just for fun.:
https://www.youtube.com/watch?v=p6cWXfH3XEE&feature=youtu.be
"Fuck 'em." - George Carlin
http://www.youtube.com/watch?v=OdkKhWjQIeM
"Staged elections...contemptuous of democracy "
http://www.youtube.com/watch?v=2o4u7KbJnIY
Damn straight!
I vote we END THE FEDERAL RESERVE
and that WE THE PEOPLE print debt-free currency
Inventor Thomas Edison put it this way: “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
” … It is absurd to say that our country can issue $30,000,000,000 in bonds and not $30,000,000,000 in currency. Both are promises to pay; but one promise fattens the jew, and the other helps the people.”
I will go show the world William. And I will get an "I voted" sticker from here at
http://www.makestickers.com/cat/99/elections-and-voting
and then you shall know how powerful and influential I really am.
I'll take the Red pill, William.
No, wait, I'll take the Blue pill, William.
OH...
I just can't decide. Shit.
Can I have the BLED pill, instead?
That looks small enough to be a Verichip pill. Just fucking INJECT ME.
Something to think about: If voting actually WORKED, do you think they'd actually let us do it?
Slacking around the fake voting station I am amazed how many people live in my neighborhood that I have never seen before, who neither speak English, smile or make eye contact.
maybe you're just ugly?
Who said....
It is enough that the people know there was an election. The people who cast the votes decide nothing. The people who count the votes decide everything.
'I care not what politicians are selected.
'Give me control of the MONEY SUPPLY...'
Is this from a member of the SAME TRIBE? A COUSIN, perhaps...
Stalin and Rothschild? His father perhaps was a Rothschild. He was beloved by Roosevelt and other over here, so who knows.
()
Post interrupted while linking.
Intercepted, probably, by those who wish to keep us 'safe'.
I LOVE 'duplicate posts'!
Don't complain if you don't participate. Oh, that's right. You sovereign men are above the fray. Good luck with that. You should hope you never need an army...or countrymen.
http://www.cultclinic.org
Make sure if you find only rats on the ballot that you vote for some of them. Then you can complain.
In Illinois, you can vote 'D'. OR, you can TRY to vote 'R' (but the machine will auto-correct your letter choice for you). It doesn't seem to know when you vote 'I', though. I think it just 'memory-dumps' or something.
Sadly, he's not making that shit up. But, we have been assured that all those miscalibrations have been corrected.........
I will vote tomorrow anyway, in spite of the choice of tweedle dum or dee. Real change doe s not come from elections, but maybe it will start a smoulder some place.
My City (a small metropolitan area in the Intermountain West) closed polling stations and voting booths - and is doing mail-in ballots only this election.
Giving up all appearances of voting making a difference?
P. J. O'Rourke
How many times have I read on ZH the quote that all it takes for evil to succeed is for good men to do nothing? Not voting equates to doing nothing. So what else are you willing to do to fix thihngs?
Trying to ignore the system may sound great, but eventually the system will not ignore you.
Drone strikes on the next Democratic and Republican conventions sounds like the only viable option at this point.
If you can think of another time when you've got them all gathered in one spot, let me know.
Yeah we know where they all go on Sundays... We suggest you drone bomb them when they're all together in one place. Every Sunday they all get together in this one little building. It's on the corner. You'll recognize it when you see it. It's the Jewish church...
I'd like to reply to your comment in a fashion that you may understand.
HOW MANY TIMES have you voted, only to see that it has made NO DIFFERENCE AT ALL?
It will continue to be this same way, and has been since the FED took control in 1913 (when CONGRESS abdicated their responsibilities under the Constitution to coin the money and set the values thereof; and States abdicated THEIR responsibility to take nothing but Gold and Silver Coin, a tender in payment of debt).
When GOOD MEN DO nothing, evil DOES succeed. VOTING is like... well, it's like doing NOTHING (with the appearance of doing 'something'). Checking a box on a piece of paper, or pulling a lever in a Las-Vegas-style DEIBOLD machine isn't exactly 'taking action'; do you understand?
You truly believe the LIE of the FALSITY OF CHOICE when you speak of 'voting'.
Eventually, you will come to realize this TRUTH (hopefully, before it collapses).
Vote. Political consultants depend upon it for their livelihood. Its fuel for the political industry.
end of days end of days
I vote we END THE FEDERAL RESERVE
and that WE THE PEOPLE print debt-free currency
Inventor Thomas Edison put it this way: “If our nation can issue a dollar bond, it can issue a dollar bill. The element that makes the bond good makes the bill good.
” … It is absurd to say that our country can issue $30,000,000,000 in bonds and not $30,000,000,000 in currency. Both are promises to pay; but one promise fattens the jew, and the other helps the people.”
Remember Weimar
this is one of those horrid experiments they used to do on animals before they realized that corporations could sell anything they wanted to consumers without liability, and judge the toxicity by the number of frivilous lawsuits the survivors brought.
The cigarettes are priceless, brilliant. Wish I could get a tshirt of just that on the front....is it possible?
Oh, Oh, OH!
The 'results' are ALWAYS 51% to 49%!
EARLY RESULTS are ALWAYS REPORTED FIRST in fucking IOWA.
FUCKING IOWA! Des Moines is a modern metropolis, you know. WATCH IOWA, because as IOWA goes, so goes the NATION. (Who the fuck thought that IOWA was important, anyway? The RNC and the DNC, perhaps? WHO THE FUCK are the people who control these parties? Are they ELECTED, or do they appoint THEMSELVES [or does some group who shall as yet remain nameless APPOINT them to pick the candidates that they 'choose' to support? I mean, MITT fucking ROMNEY was the 'candidate' of the RNC in '12? Ron PAUL had OVERWHELMING grassroots support, but the RNC and the MSM shut the peoples' will DOWN! Same thing happened in '08 {but they picked Songbird McCain the Insane to promote.}])
No 'hanging chads' THIS TIME, though, I suppose. The MIC and Yellen/Soros parties will be triumphant, once again. Reid will get his payoff, and Pelosi will get another sweetheart deal for her hubby, and the rest of the WORLD will finally get sick of this shit...
And remember, there is stilll hope...
Shirt!
Isn't Halloween over with?
That there is darn scary.
What is it?
he was hoping for change, just not this one
I thought we have no Jobs…no Cash…and no Hope, no?
And now Benny with gun to his head: “Your money or your life?”
“I am thinking, I am thinking…”
Perhaps no vote?