时间:2018-12-24 作者:英语课 分类:CNN2012年(十)月


英语课

 The Romney family is a tight-knit clan 1. Mitt 2 and Anne Romney like many wealthy couples are working to make sure their wealth passes to five sons and grandchildren. 


A family trust established as early as 1995, has amassed 3 100 million dollars according to the Romney Campaign. Romney's 2011 tax records show he has set up an Intensionally Defective 4 Grantor Trust, or IDGT, also known by its nick name, I Dig It Trust. That抯 where grantor, in this case Romney, pays any income taxes on the assets in that trust.
That is a trust that people create where they give assets for future generations, and they continue to pay the income tax on it. So I've given a way in asset, but I continue to pay the income tax on it, which allows me to shift more wealth to the next generation. 
What that means is even the investment in the trust gains in value by one million dollars over time, it抯 Romney, who pays the 15% capital gains tax of 150,000 dollars, not his children or grandchildren. In that sense, it's like passing on wealth to the next generation without having to pay gift tax on that amount, and gift taxes have ranged from 35% to 55% since the 1990s. This is a common estate planning strategy for the wealthy.
It's 100% legal and allowed on their internal revenue code, and it is being, it's estate planning technique that's being used by many, many high net worth clients, and not people who have 250 million dollars, but even people 20 million dollars, 30 million dollars.
Americans for Tax Fairness Action Fund, a liberal 501C4 group, in its statemant saying, quote, 揌is income tax returns are exhibit A of why we need to reform our rig tax system that favors the wealthy at the expense of working Americans.?
We contact the Romney campaign for comment, but they did not return our calls. The Obama Administration has proposed revising estate planning rules, and one option would be ending this tax benefit.
It would affect estate planning as we know it, I mean, this is something that is commonly done day in and day out, and has been for many years.
That liberal group of Americans for Tax Fairness Action Fund is now calling on Romney to release his gift tax returns. And that will show more details on how much the couple gave to their children and grandchildren over the years and how much they paid ..

1 clan
n.氏族,部落,宗族,家族,宗派
  • She ranks as my junior in the clan.她的辈分比我小。
  • The Chinese Christians,therefore,practically excommunicate themselves from their own clan.所以,中国的基督徒简直是被逐出了自己的家族了。
2 mitt
n.棒球手套,拳击手套,无指手套;vt.铐住,握手
  • I gave him a baseball mitt for his birthday.为祝贺他的生日,我送给他一只棒球手套。
  • Tom squeezed a mitt and a glove into the bag.汤姆把棒球手套和手套都塞进袋子里。
3 amassed
v.积累,积聚( amass的过去式和过去分词 )
  • He amassed a fortune from silver mining. 他靠开采银矿积累了一笔财富。
  • They have amassed a fortune in just a few years. 他们在几年的时间里就聚集了一笔财富。 来自《简明英汉词典》
4 defective
adj.有毛病的,有问题的,有瑕疵的
  • The firm had received bad publicity over a defective product. 该公司因为一件次品而受到媒体攻击。
  • If the goods prove defective, the customer has the right to compensation. 如果货品证明有缺陷, 顾客有权索赔。
学英语单词
.cod
airplane generator
all-white
alternating shift
armepavine
aryldihalogenoborine
basifugus
battery excited generator
Bemarsal
block exit and return
bonded zone
boolean-to-bits symbol
C.I.F. landed terms
chain adjuster
corneoscleral part
cross linking agent
crowded in on
deschampsias
dinitrophenyl protein
Dolinsk
draft capacity
duct of his
ectropothecium leptotapes
electrospark wire electrode cutting
endostea
endoxylina mori
enteric pathogenic bacteria
equal employment opportunity act
ethodryl
existing carrying capacity
extented aeration process
Fenindrone
fundamental system of neighbo(u)rhood
Gobiesox
goumbati mt.
green tip
Hadιm
half nut cam
haphazardously
hertztod
high speed packet switched data
houseworkers
hydrogen-ion indicator
invite trouble
keying wave
labiater
leaf-like
leiodid
lien (on goods)
marline spike hitch
mastonia restis
mean square error of side length
mitral valve dilator
mterclavicle
multiply doubleword
multipunctatuss
Myrtiflorae
nail pressing needle inserting
nfg
nickel carbon alloy
noncomplaining
nyctometer
Ocean Gate
overriding interest
pad of paper
pannel
Parisianness
peak-demand
Picrothomsonite
polerovirus beet western yellows virus
polygamo-monoecious
Qafar
radio chromatography
Razin effect
red-heeled
refractory coating
rental collections
reproductive bud
restrictor check valve
rod end yoke
rudistids
saint-mihiels
school of natural law
shortened spinning process
SIPTH
sonund wave
ST_travel_railway-workers
state agency
steering gear efficiency
stokes paradox
suspending number
ten-shillings
tergopore
time-sharing keyboard printer
tonsile
torsion-spasm
undershining
Vladimir Horowitz
wheelwrights
withdrawal method
wu p'i hsueh
Yuat