I actually have a perverse fondness for Bill Clinton.
But that doesn’t mean he isn’t a typical politician. And the same is true for his wife.
Indeed, they are strong candidates for the Hypocrisy-in-Government Award.
Here’s some of what Bloomberg is reportingon the issue.
Bill and Hillary Clinton have long supported an estate tax… That doesn’t mean they want to pay it. To reduce the tax pinch, the Clintons are using financial planning strategies befitting the top 1 percent of U.S. households in wealth. These moves, common among multimillionaires, will help shield some of their estate from the tax that now tops out at 40 percent of assets upon death. The Clintons created residence trusts in 2010 and shifted ownership of their New York house into them in 2011, according to federal financial disclosures and local property records.
But you have to give the Clintons credit for chutzpah.
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