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kaggle-ho-026347House Oversight

Alleged plan to transfer $3 trillion from Forbes 400 and Obama targeting step‑up basis

Alleged plan to transfer $3 trillion from Forbes 400 and Obama targeting step‑up basis The email hints at a massive wealth transfer among the ultra‑rich and a political effort to change the step‑up basis tax rule, but provides no concrete names, dates, transaction details, or evidence. It is a speculative tip with low actionable detail, though it touches high‑profile figures (Bill Gates, possibly Larry Cohen) and a major tax policy issue, giving it modest investigative value. Key insights: Claims the Forbes 400 collective wealth exceeds $3 trillion and will be transferred.; Suggests the Obama administration will attempt to void the step‑up basis tax provision.; Email addressed to Bill Gates and a person identified as "Larry Cohcn" (likely Larry Cohen).

Date
Unknown
Source
House Oversight
Reference
kaggle-ho-026347
Pages
1
Persons
7
Integrity
No Hash Available

Summary

Alleged plan to transfer $3 trillion from Forbes 400 and Obama targeting step‑up basis The email hints at a massive wealth transfer among the ultra‑rich and a political effort to change the step‑up basis tax rule, but provides no concrete names, dates, transaction details, or evidence. It is a speculative tip with low actionable detail, though it touches high‑profile figures (Bill Gates, possibly Larry Cohen) and a major tax policy issue, giving it modest investigative value. Key insights: Claims the Forbes 400 collective wealth exceeds $3 trillion and will be transferred.; Suggests the Obama administration will attempt to void the step‑up basis tax provision.; Email addressed to Bill Gates and a person identified as "Larry Cohcn" (likely Larry Cohen).

Tags

kagglehouse-oversighttax-policywealth-transferpolitical-influenceelite-finance

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Text extracted via OCR from the original document. May contain errors from the scanning process.
Date: Monday, January 19 2015 09:48 AM From: jeffrey E. <jeevacation©grnail.corn> To: Bill Gates Larry Cohen__________________________ I guess i won't be able to run for office for a while. . the forbes 400 list is now over 3 trillion in wealth that will be transfered. obama will try to void the step -up, it won't pass this time, but more of an impetus for some, ( though hardly needed ). please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected] , and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved Date: Monday, January 19 2015 09:48 AM From: jeffrey E. <[email protected]> To: BillGates iE: Larry Cohcn i : I guess 1 won't be able to run for office for a while. . the forbes 400 list is now over 3 trillion in wealth that will be transfered. obama will try to void the step -up , it won't pass this time, but more of an impetus for some, ( though hardly needed ). please note The information contained in this communication is confidential, may be attorney-client privileged, may constitute inside information, and is intended only for the use of the addressee. It is the property of JEE Unauthorized use, disclosure or copying of this communication or any part thereof is strictly prohibited and may be unlawful. If you have received this communication in error, please notify us immediately by return e-mail or by e-mail to [email protected], and destroy this communication and all copies thereof, including all attachments. copyright -all rights reserved

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