Michael Jackson’s Death Tax is based on $200M and not $500M

Michael Jackson’s Death Tax is based on $200M and not $500M

 

They say Michael Jackson’s estate is now worth $500 Million, the estate tax is at death value of the estate and not the surge after the fact.  Maybe he was worth $200 Million at death and gained value?  Than the death tax is based on $200 Million and not $500 Million?  So it is really possible for the estate to pay about $85 Million in death taxes and walk away with about $500 Million when the dust is settled.  There were no state death taxes in California at the time of Michael death.

 

Everyone who has been following the Michael Jackson saga knows interest grow immensely concerning Michael after he died which is sad but true and his assets gain value almost immediately after his death.  It is said that the temporary executors are making deals worth tens of millions of dollars to the beneficiaries of the estate and is going to turn the deed to the Encino Mansion over to Mrs. Katherine Jackson and the stipend would be in addition to that, which is more than $3.5 Million, but still controlling.  I mean Mother Katherine did not say she was homeless she said they needed money.  But I guess it is all good, if the stipend is about the amount they are accustomed to the maintenance of their living standards which is a term (stipend) I understand to mean non taxable income.

 

I know these are tough times for the Jackson Family to have to deal with business at such an intensive level using good judgment as they start to realize Michael is not coming back.  Hopefully when all is settled they will have time to truly weep.

Michael Jackson Memorial Tax money misappropriated or tax misappropriation

Michael Jackson Memorial Tax money misappropriated or tax misappropriation

 

They spent $4 Million dollars to protect the city during a huge event, not to protect the event be that understood.  The Federal government wants an estimated $80 Million dollars in estate or death tax money.  Michael gave over $300 Million in charitable donations and I have not data on the taxes he already paid prior to the death tax to be imposed against his estate.

 

In all reality who is coming out way ahead?  The memorial service went smooth and every dollar invested to bring about these results was well worth it.  The question is not was tax payers money misappropriated, but is the death tax a misappropriation of government.  The question is does the copyright act of 1909 supersede the last will of Michael Jackson and negate the rights of these false executors to rape the estate and pay unconstitutional taxes to the federal government out of copyrighted material. 

 

Remember the last will has not been found valid yet and the arrangement is temporary and the death tax may well be repealed.  In such a case there would be a case of possible misappropriation of tax payer dues, but as it stands to say such a thing is purely shameful.  After all he gave and is still asked to give to the country and the world to insinuate that money was misappropriated by any standards is disgusting.  And let us not forget that the state of California is receiving 10% of the Federal Government’s stimulus package of $787 Billion or about $79 Billion, which 1% comes from Michael estate and the $4 million for the memorial service comes to a trivial amount like what 0.05%.  California needs to just legalize their marijuana and stop acting like a petty panhandler.  Because you obviously do no know Michael Jackson’s fans! 

Do I stand corrected at $1.4 Million?

Michael’s homicide only surprise delayed indictment

Michael’s homicide only surprise delayed indictment

 

I still have not heard anything about Michael’s final resting place, hopefully for security reasons it is a tightly held secret.  Now Dr. Conrad Murray is being investigated for murder charges for supplying Michael with legal drugs illegally.  This is something that needs to be looked into in Hollywood where you have celebrities abusing prescribed medications on a large scale according to CNN.  However where I differ about Michael is I side with Latoya this time in a conspiracy theory and I think Conrad may well be a fall guy.  I think for his own protection he needs to be taken into custody for whatever reason hell an unpaid parking ticket before he is found dead.  Or offered protective custody? 

 

He is just a fall guy like scammer Bernie Madoff as any real gangster knows he is a snitch, because that is who they send to FCI Butner, North Carolina.  So like Madoff, he can be taken to secured location where he can start spilling the beans.  I think these Executors, Trustees and Witnesses all in one may well be a part of this conspiracy.  I was trying to open Janet’s eyes but she is talking about they are mourning, like if I am trying to profit from this shit.  The way I see it everything is on the line right now concerning the Jackson Family as we know them.

 

I was offended by these remarks made by Janet about me and if you knew what I know you would understand why I felt offended.  But I dropped some case law on her that needs further investigations but what is going on is like it all happened before and it is a well rehearsed script, however I did not write this one and have no idea where it is headed, but it is a real present existing dangerous situation and the stakes are in the billions.  So the whole Jackson Family has a billion reasons to be cautious.  

 

In any case Michael’s beneficiary’s interests in the copyrights are protected by Federal Copyright Law, which supersedes California Probate Code.  Like I said I am not a lawyer, but it goes something like “Will Bumping” Provisions of Copyright Law of 1909 Copyright act overrides will…I said enough because I am really disappointed by something that took place.

 

 

 

Los Angeles Crying Broke & Got Paid Twice Over

Los Angeles Crying Broke & Got Paid Twice Over

 

Los Angeles pressures Michael Jackson fans to cover the costs for services by the City for Michael Jackson’s memorial.  AEG Live covered the tab for the memorial service, but there were other costs involved such as security was major.  I think the City of Los Angeles should be compensated but is barking down the wrong tree.  I did not hear about this during the Lakers parade, but now they want to be compensated by people who just experienced a major loss of a champion instead of gaining one.  Sound ass backwards to me.

 

Let us look at the numbers; they say it was an estimated 700,000 people were there, how many people rented hotels for the event?  They say there were over 1 Billion with a capital B that watch this event world wide, tell me how many dollars Michael made the television industry and is still making the television industry as he is the headline news as the drama continues.  I mean Michael got me back to watching television, I might be hooked again.  I know this; there are people who have not watched television for awhile who now click the remote control again in suspense for good programs.

 

Then we have to look at the size of Michael Jackson’s estate, that I think is being under-appraised, because Michael sold more record than any artist in history so what is the obsession with the Beatles Catalog it is all about Michael Jackson now.  I mean how much money in taxes has the Jackson Family paid to Los Angeles over the years, how may people have they employed over the years.  How many tax dollars reached the hands of the United States due to Michael Jackson?

 

Finally I ask the Mayor how much money will reach the hands of Los Angeles and California as a result of his estate changing hands.  Considering the impact Michael Jackson had on the world yesterday and in his lifetime and what impact he will have after death to include a possible Museum in Los Angeles.  I would stop crying about the tab to the fans and ask the Federal Government to kick in and try negotiating with the Jackson Family once these fake ass trustees are locked up for fraud about how Michael can continue to cause you more problems with people traffic that equates to money spent into the economy of Los Angeles.  You were paid twice over already.

There is enough for everyone involved

There is enough for everyone involved

 

I have been at this since childhood, first for the Gambino Family then since I was 17 years old the Government, I sacrificed all my worldly possession in the process, so do not tell me about being in a rush, everybody has theirs but me.  You remember back in the day when we had television commercials about gadgets sold at discount stores like Woolworth and Genovese who you think invented that shit half the time and I started with a loaf of bread so to speak.  I forfeited a life time and if stem cells do not work out it was all for nothing concerning me and just possessions to give away, a selfless and foolish sacrifice.

 

As far as I am concerned we can make all of Gambino Corporations and Companies subsidiaries of existing corporations, for example Gambino Pharmaceuticals can be a subsidiary of Pfizer, so when their old drugs become obsolete because of cures they can continue to profit and Gambino Records can go to Warner Records and so on, then the Six Families to include the Jones Family AKA the Gallo Family can split the profits.  Janet and her family was been given the world if they and the children of John Gotti squandered their money it can be replaced, but in Janet’s case I am not going to cosign payoffs to maintain lies.

 

I want to move my people to Highlands County, I want to build up the Heartland in Central Florida and it has plenty of Water in the Okeechobee Lake to support life.  There are plenty of wooded areas and natural resources to use to build a small city.  I think with the money for infrastructure in the United States I cannot understand how the waterways Act was not included in the President’s plans, it is not pork it is a necessity to control rapid whether condition changes such as floods and droughts, we have to circulate the water through manmade channels.         

 

The Message of the Day

 

Take care that in your haste to get ahead in the world you don’t make an enemy of someone whose support you will need. One way to make sure that never happens is to bring them into your plans — and share the profits.

You know that you are no longer in control of a particular situation but you are determined not to let others know too. Why? No one expects you to be on top of everything that’s going on, so why expect it of yourself?

 

Believe it & conceive it & if you conceive it you can achieve

Believe it & conceive it & if you conceive it you can achieve

 

To: President Barak Obama

From: Frank Paul Gambino Productions

Date: 5 March 2009

 

The dividing line between reality and idealism will blur considerably over the coming 12 months and as a result some of your proposals may seem a bit far-fetched. But someone has to push the boundaries, and no one is better qualified to do it than you.

With mind planet Mercury overshadowed by your ruler Neptune you may be inclined to ignore common sense and do something outlandish, if not outrageous. Or maybe, if you’re smart, you will keep it in the realms of fantasy. “What if?” can be a lot of fun too?

I am not going to do anything to embarrass myself.  I read about half of the screenplay yesterday and most say I was impressed, it was a smooth read and I was drawn into the story, I only stopped because it was time to see my doctor at the VA.  I got a very good bill of health, I do not have to go back for a year and no longer have to stick myself with the glucose meter, and my diet is working along with a pill.

 

I do not think my proposals are far fetched; they are based on today’s realities.  I am glad Michael Jackson help in the production and endorsed Urdanic by Big Fish Audio which is run on Elistik loop player, they need to make a commercial at least for radio to hear how this program can go, seeing him dance to it would be better,  And it is good that he is healthy and going back on tour, I only hope Janet teams up with him, that would be huge.

 

I realize we have bigger fish to fry, but I think I gave up most of the answers I am capable of giving, some things call for Paul Castellano and the Holy Spirit, like the cure to AIDS and the fountain of youth. 

 

I know Governor Paterson is blind but is he mentally blind as well.  All he has to do is sell OTB and legalize Casino Gambling in New York City and advocates need to bring this to forefront before they build on the Atlantic vacant space in Brooklyn.  They should build a Casino there.  I understand they are at least trying to legalize Marijuana in California  Just these two moves alone will bring in billions in new tax revenues, from products and services already are in existence going untaxed or being outsourced to other places

 

Finally I think Stem Cell Research is the answer to the health crisis, we trained our doctors  and research scientist wrong, their approach is to treat instead of curing, we have to retrain them too another mindset.  The problem we now have as far as my far-fetched boundaries are not that they are unrealistic, but that our education system teaches our kids to accept things as they are instead of having a dream and pursuing them a dream become reality because if you truly believe it and can conceive and what you conceive you can achieved.  This was common sense to my generation growing up, but somewhere the ideals were lost.  When I was a child my teacher asks one student what he wanted to b when he grew up and he said the President of the United States he was a black child in 1^st grade, today we have a black president.  I was asked what did I want to be and today you have me.  If you believe it you can conceive it and if you conceive it you can achieve it.

It is all Business on “B” Day

It is all Business on “B” Day

 

To: President Barak Obama

From: Frank Paul Gambino Productions

Date: 26 February 2009

 

You may be somewhat shy by nature but you do sometimes let your hair down, and with chatty Mercury and fun-loving Venus on great form on your birthday you will be a bit of a party animal this year. Affairs of the heart are also well starred.

Forget about your money worries and do something that makes you feel good about your life, no matter how much it might cost. You’ll find a way to pay the bills - you always do – and you will also have some great memories to look back on.

Thank you but no thanks.  I am not going to intentionally be financially ill-responsible; I am now in the process of paying down on the debt, what you think I built this studio on donations on the contrary I had to borrow.  So in reality I bought myself my birthday gift in advance.  I am not hurting for any possessions but love is not a possession.  As for love and affection it is like a play toy to a child I get just enough to pacify.  All these gadgets and software/hardware devices my birthday or New Years resolution is to use them.  I would like to start the New Year like I plan to use the rest of the year and that is not partying.  Unless you are the Host party & business are an oxymoron.   So one day you say this is the year to take care of business than you say be a punk ass party animal.  Get real!

As for affairs of the heart I am a ghost and you want it that way or it would not be so, for whatever reason, my guess is plausible denial.  There is nothing famous about my affairs.  As we know I am a writer at Wikipedia.com and I edited Janet’s bio and do you know they deleted my shit, so I do not buy my affairs of the heart are starred they are intentionally hidden.  I am the one who made the babies with her and is the least or only one not spoken about.  I should have never agreed with a lot of things like not taking any photos with her, but you learn from your mistakes.  John Gotti is scum bag for arranging that.

So now the idea of legalizing Marijuana is a seriously on the table issue in California.  There are a lot of people expressing the idea as a way to save the state of its debts, for once I think I am not just talking to the winds, but now New York City needs to talk about the idea of Casino Gambling to save the City and state of New York.  All it takes is a few good writers and advocates and it will be a done deal once voted on by the people.

Well finally as for doing something special on my birthday, first of all is falls on a week day which I do plan to take off, but I have a doctors appointment on the day an maybe a dental the day prior and I am spent out, but if I thought you were serious I would think you would pay me some of the money owed me and not the other way around of spend and depend on you and Janet to make  a way for me to pay for my ill-responsible spending.  I am alright; I am not down in anyway whatsoever, but excited I am not either; there is just too many unfinished items on the agenda.

 

The Stimulus Legislation Breakdown Hyperlink

The Stimulus Legislation Breakdown Hyperlink

Click above and do the math

Then read the truth

 

The stimulus package main focus is on education, job training, transportation and infrastructure.   Though the per capita spending is not huge the total amounts are huge and if you look at who will directly benefit from the stimulus package the package can it be life changing for many people?

 

I will give you an example we will use as an example California who will get about $8 Billion, the total per capita spending for example for job training is $13.82 which is enough to pay someone for one hour, but what is the total population?  The total package for job training is therefore 37,000,000 x $13.82, which is the multiplication of the total population by the total amount per capita. What is the current unemployment rate in California?  The unemployment rate as of December 2008 was 9.3 %.  You do the math! This is only a piece to the puzzle and not the whole answer.  The real stimulus package is in the minds of the American people.

 

Like President Obama said in so many words, America has to produce and not just import, code for American must buy American and trade fairly with foreign nations.  Trying to save a buck using cheap labor has left the nation without consumers.

 

Our economy thrives on spending, but the spending cannot be based on borrowed money for foreign nations and has to be based on a production process that in internally structured and that is the true infrastructure of the American Economy.  To truly grow the economy a dollar spent has to be based on at least a dollar and ten cents made through an internal production process.

 

America outsourced itself out of consumers and consumers save a dollar on products to place themselves on the unemployment line.  The only campaign that will turn this economy around is the old saying, “Buy American Goods,” made from Americans resources if possible and made by Americans and this will create American jobs. It is that simple, now are you ready for the truth?  What this has to do with Janet Jackson?  Black Doll and Live Nation are American Business, even in entertainment we have to buy American and trade dollar for dollar.  Support American Entertainment also.

Realistically reachable is true change

Realistically reachable is true change

 

To: President Barak Obama

From: Frank Paul Gambino Productions

Date: 5 February 2009

 

You will be torn between the future and the past this year. Each has its attractions but, ultimately, you can only ever move forward, you can never move back, so forget about what was and what might have been – it’s what will be that must inspire you.

There will always be people who say you cannot do this and you cannot do that and they will be out in force today, but you don’t have to listen to them, still less act on what they tell you. Self-belief will conquer all doubts, be they your own or other people’s.

It is hard to let go of the past when it is thrown in your face everyday. Is the past the past or is this ongoing until this day?  As for the past I am intentionally constantly reminded.  I do not think I have to elaborate on this, we all know what is posted on the websites.  It is Janet (Jackson) who is holding on the past and not me and the sad things is so much of it is false.  What gets me is the stuff she is putting me through after her past selections of men.  I mean she falsely married an illegal emigrant with a false ID. She still does not know who he is!  But she has to be sure about me?

To be honest all of this procrastination is getting monotonous, what we are waiting for I do not understand anymore.  It is like I make proposals and suggestions to deaf ears, nothing is carried out.  What we are waiting for beats me.  You ran on a change ticket, but nothing is new, I expected the unconventional to be conventional.  I mean why tax cigarettes again, while we have billions in Marijuana being used and home grown?  I told you’ll legalize casino gambling in New York City so my can be funneled back into the system but instead you cut checks on the tax payers backs.  This is not change it is the same old thinking more taxes on the same items.  We have to introduce new products to the broken economy to persuade consumers to spend.  If nothing else legalize Marijuana, not for me because I do not smoke weed do it for the tax payers, it is a product in demand that is cheap to produce and can be mostly priced based on taxes as is tobacco.   And the stuff has been harvest in California already, it is plentiful..

Hell, call it the Embryonic Stem Cell Funding Act and use the proceeds to fund stem cell research or at least a portion of the proceeds.  Convince Americans you are not trying to harm people but is doing it for the greater good that will eventually create a life span of 150 years.  President Kennedy I believe had a vision of reaching the moon and we did several years later and gave American something to look forward to.  Have us look forward to the day whereby we will live at the average of 150 years.  America needs a new vision.  A new vision that is realistically reachable is true change.  Come on Mr. President sell me a dream like a beach in desert and then prove the critic wrong by making it happen with the way ways act!  Maybe you cannot offer eternal life, but 150 years?  Come on man get on the ball and swing the wand.

 

 

A few moves that should be made ASAP

A few moves that should be made ASAP

 

To: President Barak Obama

From: Frank Paul Gambino Productions

Date: 3 February 2009

 

The things you want most in life will come your way without much of an effort on your part, but having got them you may feel curiously unsatisfied. That is because you only value the things you have to work for. Set yourself new targets this year.

You may be a touch distrustful today, especially if you are offered something without being asked for much in return, but don’t let your suspicions get out of hand. Good news on the money front is real. No one is trying to cheat you, so don’t cheat yourself.

I feel I deserve a break in life, so nothing that comes my way will be taken in suspicion or distrust and it is about time.  I do not want to get into my personal finances but a certain amount of money is already spent.

 

I am booked into the summer, I have my screenplay to modify and music to be made, there is a sound I am looking for, that I have not reached yet, but I do have the tools to do it, but I need a better understanding of the tools I have, that is why I want Paul Castellano to take over from here.  I think I have everything that I need.

 

Here are some standing orders I think will boast the economy, they are reminders:

 

Californian Marijuana Trade

 

NYC Schools, OTB and Casino Gambling

 

Janet’s Billion Dollar Agreement and the Release of AIDS Cure

 

The Money Laundering Act

 

I think we should start here as unconventional as they the proposals may sound.