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In a U.S. context, we’re not a society that had hereditary monarchies. It’s a reflection of a broken system. They found a way to hide or sequester money. These include defeating attempts to raise taxes on the wealthy, not giving away too much to charity, forming a family office to sequester wealth, creating dynasty trusts and loopholes to avoid gift or estate taxation, and using wealth to promote self-serving public policy and weaponizing charitable giving for dynastic interests.

17 17 How Rich Are President Joe Biden, VP Kamala Harris & others
by the Scribe
May 9, 2022 13:06:54 GMT

The Money Hoarders

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newBookmarkLockedFalling The Monarchs of Money
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Apr 15, 2020 8:51:11 GMT

Legend

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The Money Hoarders
the privileged elite and wealthy studied
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