July 14, 2010 |
In his July 6 Op-Ed, law professor Ray D. Madoff made a case for the estate tax, claiming that it promoted tax fairness and economic growth. Madoff is wrong on both counts. The estate tax violates common principles of justice and stifles economic growth. Congress should permanently lock in this year's special moratorium on the estate tax. One standard argument against the estate tax is that the wealth of the estate was already taxed (perhaps several times over) while being accumulated.
CALIFORNIA | LOCAL
October 8, 1985
Accolades to Chinese Premier Deng Xiaoping for replacing the aging leaders of the Central Committee and Politburo, with new, younger, better educated technocrats. If Deng and his heirs succeed in their modernization of China, it will be similar to the modernization of feudal Japan, magnified 10,000 times. MONROE LEUNG Beverly Hills
April 21, 1985 |
The City of Santa Monica, actress Barbra Streisand and movie producer Jon Peters have settled a wrongful death lawsuit stemming from an auto accident involving a Santa Monica municipal bus and a caretaker who worked for Streisand and Peters. The settlement, which was approved by Santa Monica Superior Court Judge Harry Mock this week, requires the parties to pay $87,500 to the heirs and estate of Paul Zimmerman, 35, who was struck on Dec.
September 29, 1985 |
It's dusk as a van pulls alongside James Dean's grave in a cemetery less than a mile from the stately white farmhouse in which he was raised. The blue Indiana sky is beginning to turn lavender and the cornfield across the street sparkles with the lights of thousands of fireflies. Terry Lee Dunn, 24 and unemployed, slides open the van door and silently contemplates Dean's small, plain gravestone.
August 13, 2008 |
A bicoastal legal battle has erupted over who owns 17 drawings by MartÃn RamÃrez, whose artworks, created while he lived in California state mental institutions until his death in 1963, now fetch six-figure sums. Is Maureen Hammond, a widowed, retired schoolteacher living in Needles, Calif., a multimillion-dollar art thief who tried to dispose of ill-gotten gains through a Sotheby's auction? Or was Hammond, 69, the appreciative and legitimate recipient of a gift of Ramirez's drawings from a psychologist who befriended the artist and was the first person to arrange for their display during the 1950s?
October 31, 2008 |
The Minneapolis Institute of Arts has sent a painting by cubist Fernand Leger back to the heirs of a Jewish art collector in France, after concluding it had been stolen by the Nazis during World War II. The museum had owned the 1911 Leger painting "Smoke Over Rooftops" since 1961. But after a decade of detective work, the institute decided to return it to the heirs of noted Parisian collector Alphonse Kann, who died in 1948. "Having researched this to the end of the road, we decided we had to return the painting; it was the right thing to do," Kaywin Feldman, director of the institute, told the Star Tribune for a story published Thursday.
April 19, 2013 |
The heirs of the Budapest-based Jewish banker Baron Mor Lipot Herzog have cleared a major legal hurdle in their decades-long quest to force Hungary to return dozens of artworks from Herzog's collection that were looted during World War II. In 2010, Herzog's great-grandson David de Csepel of Altadena led his family in suing Hungary and three of its museums for the return of more than 40 artworks valued at $100 million, including masterpieces by...