SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?


To: goldworldnet who wrote (399341)4/26/2003 2:24:49 AM
From: augieboo  Read Replies (1) | Respond to of 769667
 
Wow, what a guy. He's "giving away" $1 Billion and only making a paltry 11.6% on the deal. Boy, I sure hope he doesn't have to get a job or something after this.

1. BY SETTING UP THE TED TURNER FOUNDATION
2. WITH TIME WARNER STOCK IN WHICH HE HAS $15 per share CAPITAL GAINS
a. He will save $170,000,000 on capital gains tax
b. He will get $396 million back on his income tax, and
c. He will save $550 million in estate tax (this is money that his heirs would have to pay the government)