Lawmakers, fix trust law and close down the billionaire enabler states ...Middle East

Why does Congress stand by and allow one state to pick the pocket of another state? The latest example, reported today in The New Yorkerinvolves members of the Getty family wealth dynasty using trusts formed in Nevada to dodge $300 million in tax obligations to California over the last decade. Blame it on the enablers — the tax attorneys, accountants and wealth managers — who provide financial services to the world’s wealthiest families. These professionals claim they are just helping their clients obey the law. But as our research has found, this industry is actively involved in lobbying for changes in trust law and manipulating it to serve the narrow financial interests of their bil

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