Exclusive: Assets of thousands of people in north-west England used to upgrade king’s property empire via archaic custom
  • livus@kbin.social
    213·
    1 year ago

    If Joe Biden and his wife were appropriating US estate taxes to renovate their private rental properties for personal gain it would probably be controversial too.

    • Lophostemon@aussie.zoneEnglish
      4·
      1 year ago

      Funny how Trump neve gets pulled up by his base for all his corruption. They probably can’t spell it, for a start.

    • xmunkEnglish
      511·
      1 year ago

      US estate taxes help maintain the primary residence of Joe and Jill - they help fund staffing for the Whitehouse.

      I agree that these situations are quite different but that article title was outrageously sensationalist and vague.

      • livus@kbin.social
        7·
        1 year ago

        Sure. That’s normal. But they’re not renting out the Whitehouse and putting the proceeds into their personal bank accounts as private income.

        • Madison_rogue@kbin.social
          2·
          1 year ago

          The estate tax doesn’t kick in until after the estate is worth more than $12.5 million dollars. Every penny before that isn’t taxed.

          • sadreality@kbin.social
            1·
            1 year ago

            and yet we have a bunch temporarily impoverished millionaires worried about some nepo baby being taxed…