Excerpt:
Who owns which “organic” company, surprise!
Posted on 08/23/2010 by Maraline
Did you know M&Ms owns Seeds of Change, or that General Mills owns Cascadian Farms, Heinz owns 19.5% of Hain Celestial who owns organic company’s including Earth’s Best, Arrowhead Mills, Spectrum. Kraft owns Boca and Back to Nature, and Kellogg’s owns Morning Star, Kashi (yes Kashi), and Bear Naked!http://en.wikipedia.org/wiki/Hain_Celestial_Group
Excerpt:
The Hain Celestial Group is a food company whose main focus is natural and organic foods and personal care products. Their products range from herbal teas, offered through their Celestial Seasonings brand to organic free range chickens from the FreeBird brand.[1][2] They also provide organic, whole grain foods through Arrowhead Mills, founded in 1960 by Frank Ford of Hereford, the seat of Deaf Smith County, west of Amarillo, Texas. The H. J. Heinz Company has owned 19.5% of the company since 1999.[3] The company assumed its current form in May 2000 through the merger of the Hain Food Group with Celestial Seasonings, Inc.
http://en.wikipedia.org/wiki/Teresa_Heinz
Teresa Heinz wikipedia
Except:
Wealth
Heinz is the life estate beneficiary or outright beneficiary of her husband's trusts, making her either extremely wealthy in her own name or powerful as a trustee of Heinz family wealth.[citation needed] Kerry is wealthy in his own right, though not to the same degree, since he became a trust fund beneficiary of his mother's and Forbes family trusts. Kerry and Heinz signed a prenuptial agreement and have kept their premarital assets separate.
Heinz has declined to disclose her personal tax returns, citing family trusts and privacy. She is estimated to be worth between $750 million and $1.2 billion. According to her most recently released income tax of 2003, the Kerry and Heinz paid an effective federal income tax rate of 12%.
Heinz and Kerry live an affluent life. They own a six-floor, $7 million townhome in Boston's Beacon Hill neighborhood, a $9 million ocean-front home on Nantucket, a $5 million ski retreat in Idaho, a $4 million estate in Fox Chapel, Pennsylvania near the Heinz family's home base of Pittsburgh, and a $5 million home in Washington, D.C.'s Georgetown neighborhood.[citation
http://www.frugal-cafe.com/public_html/frugal-blog/frugal-cafe-blogzone/2010/07/27/sen-john-kerry-his-yacht-gate-scandal-hypocritical-dem-senator-skirts-paying-taxes-on-his-7-million-yacht-video/
Excerpt:
From Boston Herald, Sen. John Kerry skips town on sails tax:
Sen. John Kerry, who has repeatedly voted to raise taxes while in Congress, dodged a whopping six-figure state tax bill on his new multimillion-dollar yacht by mooring her in Newport, R.I.
Isabel – Kerry’s luxe, 76-foot New Zealand-built Friendship sloop with an Edwardian-style, glossy varnished teak interior, two VIP main cabins and a pilothouse fitted with a wet bar and cold wine storage – was designed by Rhode Island boat designer Ted Fontaine.
But instead of berthing the vessel in Nantucket, where the senator summers with the missus, Teresa Heinz, Isabel’s hailing port is listed as “Newport” on her stern.
Could the reason be that the Ocean State repealed its Boat Sales and Use Tax back in 1993, making the tiny state to the south a haven – like the Cayman Islands, Bermuda and Nassau – for tax-skirting luxury yacht owners?
Cash-strapped Massachusetts still collects a 6.25 percent sales tax and an annual excise tax on yachts. Sources say Isabel sold for something in the neighborhood of $7 million, meaning Kerry saved approximately $437,500 in sales tax and an annual excise tax of about $70,000.
No comments:
Post a Comment