Hypocrisy Much? Clintons Took Pains To Avoid Taxes They Publicly Support

Photo Credit: IJ Review According to Bloomberg, in 2010 the Clintons changed the ownership status of their New York home, which they bought in 1999 for $1.7 million, to take advantage of current estate tax rules.

What they did is divide the ownership into two separate trusts that pass to on to Chelsea after 10 years. After that period they will have to pay rent to her, but any growth in the value of the home remains outside of their estate. And thereby limit estate taxes.

Doesn’t everyone do that if they have the financial wherewithal? Isn’t it the responsible thing to do?

Of course and of course.

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