Texas Billionaire’s Legacy: no taxes

Texas billionaire’s legacy: Death, but no taxes

Family of world’s 74th wealthiest person to benefit from Congress’ lapse

By David Kocieniewski

updated 5:12 p.m. CT, Wed., June 9, 2010

A Texas pipeline tycoon who died two months ago may become the first American billionaire allowed to pass his fortune to his children and grandchildren tax-free.

Dan L. Duncan, a soft-spoken farm boy who started with $10,000 and two propane trucks, and built a network of natural gas processing plants and pipelines that made him the richest person in Houston, died in late March of a brain hemorrhage at 77.

Had his life ended three months earlier, Mr. Duncan’s riches — Forbes magazine estimated his worth at $9 billion, ranking him as the 74th wealthiest in the world — would have been subject to a federal tax of at least 45 percent. If he had lived past Jan. 1, 2011, the rate would be even higher — 55 percent.

Source: NYT
For more of the story click here:  http://www.msnbc.msn.com/id/37588278/ns/business-the_new_york_times/?GT1=43001

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Djosefin Maurer – Germany’s Elite Model

The voice of California’s apparel industry since 1945, the California Apparel News serves the largest apparel center in the country. Coverage includes local, national, and international news; fashion and accessory trends; new resources and what’s checking; retail sales; surf and swim reports; trade show coverage; finance; technology and eCommerce; fiber and fabrics; international trade and sourcing; real estate; freight and logistics; educational institutions and associations; calendars and events.

With special supplements covering Technology, Trade Shows, Textiles, Sourcing, Lingerie, Denim and more.

Frequency: Weekly
Format: Tabloid
Audience: 45,000

Djosefin Maurer – Cover Model

Advertisements:	Chloé, Gucci, Just Cavalli, L’Oréal, Marc Cain, Miu Miu, Pinko,
Magazine Covers:	Germany: ‘Elle Plus’ – August 2003 UK: ‘Telegraph’ –
Fashion Shows:	Boudicca, Hamish Morrow, Kenzo, Les Copains, Replay, Comme Des Garçons, Yohji Yamamoto, Trussardi, Victoria’s Secret

Source:  http://www.apparelnews.net/about/publications/print/

Our sources tell us Djosefin is now dating the front-woman for the heavy rock/metal band OTEP, Otep Shamaya.  Our photographer got this great shot of them out and about in Hollywood.

Otep Shamaya & Djosefin Maurer

Adam Lambert! Lamb or Lion???

ADAM LAMBERT’s performance last night at the AMA!  Crotch grabbing, kissing, falling, singing!!
Did he WIN American Idol or….. who was that OTHER guy???

 

 

Photo: Matt Sayles / Associated Press.

OTEP smashes the TNA!

OTEP gets into the ring with TNA wrestling

.TNA Wrestling has teamed up with Victory Records own OTEP for the highly anticipated “Final Resolution” PPV Special. OTEP’s single “Smash The Control Machine” will be featured as the theme music for this event; broadcasting Sunday, December 20th live and exclusively on Pay-Per-View from Universal Studios in Orlando, FL. “Final Resolution” will feature TNA Wresting favorites such as AJ Styles, Kurt Angle, Bobby Lashley, Mick Foley, Marr Morgan, Team 3D, and many others, along with a “Feast or Fired” match where someone from TNA Wresting will be fired.

You can view the exclusive “Smash The Control Machine: Final Resolution Official Theme” video below


Make sure to tune in on December 20th at 8:00 PM ET/5:00 PM PT to witness this great event and don’t miss Impact on SpikeTV every Thursday at 9:00 PM ET, available in over 96 million homes.

Image: Pamela Lopez Grant

Demi Moore looks gorgeous!

Why do certain people have such a difficult time in accepting that someone over the age of 40 can look so beautiful?! To me, it appears her hand conceals the lower part of the fabric that would ALSO have stood out a bit from her leg.  Her body is great! She looks amazing! BRAVO Demi!!!

A W spokesperson tells Jezebel.com that W magazine “did not do anything unusual or out of the ordinary on Demi Moore for the photo on the cover of W. Demi is an extraordinary beautiful woman and we feel our cover reflects that.”

Demi also denies she fell victim to a botched Photoshop job. Says Demi: “Here is the original image people my hips were not touched don’t let these people bullshit you!” she tweeted Thursday afternoon, along with this “original image” that matches the cover image. She followed up with several tweets talking about her skinniness and how flattering the shoot was.

Since then Demi has also tweeted this video: http://www.youtube.com/watch?v=sL7jHcCcua8
Demi and her husband, Ashton Kutcher, have millions of followers on Twitter.  They both use their ‘tweeting’ to benefit many charities, promote unknown talent and just plain old entertaining funny stuff!

@mrskutcher @aplusk

Image: Mert & Marcus

Christina Applegate in love and happy!

Image Source: OK Magazine

Samantha Who? star Christina Applegate took in a day of sun, sand and surf with boyfriend Martyn LeNoble walking the shoreline off San Diego.
You can follow Christina on twitter at 1applegate

Applegate calls Lenoble, a rocker who has played in such bands as Jane’s Addiction and Porno for Pyros, an “angel” of a boyfriend who loves her “from head to toe.”

Read more about Applegate and Lenoble in People.

Christina seems so happy and joyful now after recovering completely of breast cancer after undergoing a double mastectomy in July 08, followed by reconstructive breast surgery in November 08. Part of this could be due to Martyn.

Christina works hard for many charities and benefits for breast cancer research and support.

Oprah says goodbye…goes on ‘Her OWN’

(REUTERS/George Burns-Harpo, Inc./Handout (Unites States Entertainment)

Oprah Winfrey yesterday on the set of her show in Chicago making the announcement she will leave after 25 years on television.

Oprah says goodbye to her legendary television show….and goes on HER OWN — the Oprah Winfrey Network that is!

Good luck Oprah!!!  You have changed many people’s lives forever and for the good!

Levi Johnston in Playgirl – Hockey Schtick?

Sussman/Getty photo

Levi Johnston will stick to what he knows with a hockey mom themed spread in Playgirl.

Want to see Levi Johnston‘s johnson in Playgirl?

You’ll have to wait until January, but according to his manager Tank Jones, “The shoot was fantastic!”

Jones spoke with Usmagazine.com following Johnston’s much-hyped New York photo shoot on Thursday. “We’re having a lot of fun with it,” Jones says.

The photo spread, a tribute to “hockey moms,” features the 19-year old posing with a hockey stick.

“People are going to see more of Levi than they thought,” Jones says. “There was a hockey stick involved.”

On Friday, Johnston will pose for part two of the shoot. Meanwhile, during Palin’s Oprah appearance Monday, she said, “[Johnston] is a part of the family and you want to bring him in the fold and kind of under your wing. And he needs that, too, Oprah.” She even went so far as to say it would be “lovely” for Johnston to share Thanksgiving with the Palins.

In response, Jones told Usmagazine.com, “Nobody put out an invitation. So we wouldn’t want to act premature.”

BY Issie Lapowsky
DAILY NEWS STAFF WRITER

Source: NYDaily News

Levi Johnston’s Mom sentenced to 3 years in JAIL!

 

News organizations are reporting that Sherry Johnston, the mother of Bristol Palin’s ex-fiancee Levi Johnston, has been sentenced to 3 years in prison plus 3 years probation. Johnston was charged with the intent to sell the prescription painkiller, OxyContin. Johnston pleaded guilty to the drug charges in August.

More details here

Source: Huffington Post

IF U See AMY

Amy Winehouse spent £35,000 on a breast enlargement but she clearly doesn’t think enough people have noticed.

Emerging last night from her favourite Camden haunt, the Hawley Arms, the singer allowed her pink bra to burst out from beneath her tight white vest.

While exposed lingerie is usually considered something of a faux pas, the undone buttons suggested a very deliberate move by Amy to ensure all eyes were on her.

All front: Amy Winehouse boldly flaunted her new shape as she emerged from Camden’s Hawley Arms last night

The star recently boosted her bust from a 32B to a 32D, which sources say has given her a fresh air of confidence.

But she’s is now said to be hooked on surgery and planning another breast enlargement and even bum implants.

‘Amy loves her boobs,’ a source told the Sun. ‘She can’t stop showing them off to friends.

Confidence boost: The singer is said to be feeling on top of the world
after her surgery

Size matters: Amy is now a 32D

‘She says she feels womanly again and wants to be more curvy like she used to be.

‘She thinks by having another operation and bum implants that she will achieve her dream pin-up look.’

Amy has also become obsessed with exercise and keeping her body in shape.

‘One of Amy’s positive addictions is she’s got her own gym,’ her father Mitch revealed.

‘She’s in the gym three or four hours a day. I mean boy is she fit – really, really fit. So that’s a really positive addiction.’

But Mitch is more concerned about his daughter reconnecting with her ex-husband Blake Fielder-Civil.

He said that a reunion between the pair would take place ‘over my dead body’ and branded his former son-in-law a ‘vampire’.

Amy is currently working on her third album which is expected to be released next year.

Read more: http://www.dailymail.co.uk/tvshowbiz/article-1226839/Amy-Winehouse-flaunts-new-bust-considers-going-knife-again.html#ixzz0XQvfuUQW