Word: superrich
(lookup in dictionary)
(lookup stats)
Dates: all
Sort By: most recent first
(reverse)
...swelled substantially in the past five years. Many would-be Americans who get through the golden door today bring gold or its equivalent in education, talent, ingenuity and ambition. They exceed in relative numbers and potential cultural impact any similar earlier waves of newcomers. These are not the swinging superrich, who have always been free to flit from clime to clime. Nor are they the winging investors who see unsurpassed opportunity for profit here, or at least a safe haven for capital. They are entrepreneurs and professionals: bankers, financiers, managers, restaurateurs, moteliers and boutiquiers, disco owners, jewelers, architects, designers, publicists...
...income tax equity, he now raises the seriousness of his charge from a mere crime against property to an assault on the person-namely, the millions of ordinary people who must pay higher-than-necessary tax rates in order to finance a vast system of "tax welfare" for the superrich...
...granting capital-gains benefits for their product after the IRS had ruled otherwise. Many tax experts believe that for each dollar in interest payments that state and local governments save on their tax-free bonds, the federal Treasury loses two dollars in income taxes; the winners are the superrich, who own more than 90% of such individually held bonds precisely because of the tax-escape feature. In the highflying late '60s, one study shows, no less than a third of all U.S. farm acquisitions were made by non-farmers, many of them wealthy city folk seeking a tax dodge...
...delightfully improbable piece of casting, Raquel Welch is going to play that blank-eyed, block-bodied moppet of the comic strips, Little Orphan Annie, in a CBS-TV special called Funny Papers. Annie's superrich, superreactionary guardian, Daddy Warbucks, will be portrayed by Carroll O'Connor, the Archie Bunker of All in the Family. "We got into a little discussion about just how sexy Daddy Warbucks was," said Raquel. "We wondered how close he should get to Little Orphan Annie, and whether we should indicate that there might have been a little something going on between them...
...pitch was disarmingly simple. If the superrich could set up tax-free trusts and foundations, why couldn't the moderately wealthy also build cozy little shel ters from income and inheritance taxes...