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by Spooky23 1709 days ago
For most people, there’s little to no exposure.

The exotic trust structures talked about here are money laundering structures, which exist because gullible voters are duped with tales of widows losing houses and farm families losing the mythical family farm. There’s a reason why the home base for this is a state with weird banking laws where there’s more cattle than people.

Mitt Romney’s (I point him out because of his fame in this regard, he’s not unique or alone) great-great-grandchildren will be living off some untaxed trust 150 years from now when we’re all dead.

1 comments

Corporations are people, my friend.

-- Mitt Romney

Not sure if worse than his descendants living tax free hundreds of years for now, is having his image whitewashed for his "bullwark against Trump" that weirdly only manifested in the latter part of his term.