Word: superrich
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George Peppard was signed to play the superrich Blake Carrington in Spelling's Dynasty, but "creative differences" led to Forsythe's replacing him at the last minute. A nighttime soap opera about an oil family, Dynasty was indebted to the hit series Dallas, but Spelling brought his high glitz, and Forsythe his gravitas. Joan Collins played Blake's first wife Alexis and Linda Evans his second wife Krystle. The show cemented network TV's hold on serial drama, hooking millions of viewers week to week, long before HBO filched the franchise with The Sopranos...
...marginal rate for income tax to 50% from 40%. This came on the heels of a decision to borrow more than $1 trillion over the next five years, bringing his country's public debt to 79% of GDP by 2013. There has been the expected backlash from the superrich, but the majority of Brits don't seem to mind so much...
...announcement may have caused some superrich Germans to tremble in their designer shoes. On Tuesday, German Finance Minister Wolfgang Schaüble said the government had agreed to buy a CD from an anonymous informant that contains the stolen bank details of up to 1,500 people who are suspected of evading German taxes by stashing their money in Swiss bank accounts. The decision wasn't made easily: the deal prompted a weeklong bout of soul-searching in Germany, with critics accusing the government of playing into the hands of a common criminal. It also caused a spat with Switzerland...
...celebrities and the superrich who live in Isleworth, including Tiger Woods, would like to project a common touch. Every Halloween, residents of the gated golf community near Orlando, Fla., decorate their golf carts and drive trick-or-treaters door to door. They share lunches and dinners at the country club, play pickup basketball games and hold community events. "It's pretty normal," says Ravé Mehta, CEO of a software-development firm who lives just outside Isleworth's vine-covered walls but has many friends inside...
...whether more people hell-bent on boosting their stock price will produce a better outcome for the economy as a whole. What Feinberg is likely to find after five months of studying executive comp is that there is no great way to pay people gobs of money. The superrich have relatively less at stake and more reason to gamble than...