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Heirs

OPINION
July 4, 2005
John Walton, one of five Wal-Mart heirs who are ranked among the richest people in the U.S., died with a fortune of $18.2 billion (Obituary, June 28). If all five heirs have approximately the same net worth, their total net worth would be more than $90 billion. Meanwhile, some of their employees are compelled to apply for public benefits funded with tax dollars while Wal-Mart squeezes subcontractors so that they cannot pay a living wage. Regardless of any of John Walton's charitable works, this disparity is a shameful commentary on our society and its tax laws.
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OPINION
July 14, 2010 | By Robert P. Murphy
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
ENTERTAINMENT
September 29, 1985 | DEBRA ZAHN, Zahn, former life style editor for the Herald Examiner and assistant features editor of the Daily News, is View editor for The Times' San Fernando Valley edition.
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.
BUSINESS
March 4, 2014 | By Michael Hiltzik
We were just settling in the other evening for some utterly inoffensive television viewing (reruns of "The Big Bang Theory," if memory serves) when our living room was invaded by a zombie. Yes, it was Audrey Hepburn, dead these 21 years, digitally dug up from the grave and  reanimated to shill for Dove chocolates . You may already have seen this commercial, which began running on Oscars night and is now moving into wider rotation. (Check it out at the bottom of this post.)  Dove and the commercial producers are inordinately proud of their achievement.
ENTERTAINMENT
October 31, 2008 | associated press
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.
ENTERTAINMENT
April 19, 2013 | By Jori Finkel
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...
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