By Walt Hickey Mystery There is an exciting mystery afoot in U.S. tax data, where the Treasury issues a daily report of financial transactions and on February 28, 2023, the feds reported a deposit of $7 billion. The money was filed under the category “estate and gift taxes” and is completely an outlier, the highest collection of that tax since 2005. This is weird, because it would seem to imply that one of the richest people in the world died, passed on an estate that necessitated $7 billion in estate taxes, and we never heard about it. This would imply an estate worth $17.5 billion at the absolute minimum, but more likely ballpark $35 billion, one of the richest people in the world, which means that either Forbes missed one, the feds got some extra after enforcement, or we have a dead billionaire mystery afoot.
Numlock News: March 28, 2023 • Crocs, Billionaire Mystery, Ghost Kitchens
Numlock News: March 28, 2023 • Crocs…
Numlock News: March 28, 2023 • Crocs, Billionaire Mystery, Ghost Kitchens
By Walt Hickey Mystery There is an exciting mystery afoot in U.S. tax data, where the Treasury issues a daily report of financial transactions and on February 28, 2023, the feds reported a deposit of $7 billion. The money was filed under the category “estate and gift taxes” and is completely an outlier, the highest collection of that tax since 2005. This is weird, because it would seem to imply that one of the richest people in the world died, passed on an estate that necessitated $7 billion in estate taxes, and we never heard about it. This would imply an estate worth $17.5 billion at the absolute minimum, but more likely ballpark $35 billion, one of the richest people in the world, which means that either Forbes missed one, the feds got some extra after enforcement, or we have a dead billionaire mystery afoot.