Word: lummises
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Ben Lummis
“We should watch out we don’t suffer from the Christmas tree effect,” said challenger Ben Lummis, likening the proliferation of disparate programs to ornaments on a tree. “We need to make sure all programs we get involved in...
LESLIE A. LUMMIS Independent, Guam Resume: Entrepreneur, manufacturer, homebuilder, author Relevant experience: Lieutenant, U.S. Naval Reserve Platform: Abolish taxes: "It would be like Christmas every day!"
After spending millions in legal fees and twice going to the Supreme Court, officials of both states last week announced they had joined with the estate to reach a compromise: Texas will receive $50 million; California, $44 million in cash plus a $75 million parcel of land near Los Angeles...
The struggle for Hughes' fortune, however, is not over. The IRS has just filed a $275 million estate-tax ruling against Summa, which the corporation is contesting. Moreover, the biggest and presumably most profitable Hughes venture, the Hughes Aircraft Co., the nation's eighth largest defense contractor (with...