The Taxman Always Collects
The only two things certain in life are – death and taxes. While the former can’t be predicted and only happens once, the latter is guaranteed yearly for life. With the effects of the Crash and the Great Depression wiping out fortunes, one millionaire is determined to keep his remaining money all to himself. Ned Stotesbury is a generous and wealthy man who likes to live a big life, but the one thing he can’t stand is taxes. His grand estate Whitemarsh Hall will feel the effects of the 1929 Wall Street Crash and taxation to fund President Roosevelt’s New Deal, which stepson Jimmy Cromwell approves to Ned’s dismay and anger. Other people and subjects include: Eva Stotesbury, Bar Harbor Club, death & taxes quote, tax evasion, Internal Revenue System IRS formation, Sixteenth Amendment, millionaire estimate pre and post Crash, Franklin Delano Roosevelt, Louise Cromwell, largest mansions in US, Assistant District Attorney Ferdinand Pecora, Broadway Butterfly murder case & scandal, famous tax evaders, Al Capone, and a personal family experience with IRS tax audit. Archival music provided by Past Perfect Vintage Music, www.pastperfect.com.
April 15, 2021
20 min
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Episode 29 · April 15, 2021
The Taxman Always Collects
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The Taxman Always Collects
Summary
The only two things certain in life are – death and taxes. While the former can’t be predicted and only happens once, the latter is guaranteed yearly for life.
With the effects of the Crash and the Great Depression wiping out fortunes, one millionaire is determined to keep his remaining money all to himself.
Ned Stotesbury is a generous and wealthy man who likes to live a big life, but the one thing he can’t stand is taxes. His grand estate Whitemarsh Hall will feel the effects of the 1929 Wall Street Crash and taxation to fund President Roosevelt’s New Deal, which stepson Jimmy Cromwell approves to Ned’s dismay and anger.
Other people and subjects include: Eva Stotesbury, Bar Harbor Club, death & taxes quote, tax evasion, Internal Revenue System IRS formation, Sixteenth Amendment, millionaire estimate pre and post Crash, Franklin Delano Roosevelt, Louise Cromwell, largest mansions in US, Assistant District Attorney Ferdinand Pecora, Broadway Butterfly murder case & scandal, famous tax evaders, Al Capone, and a personal family experience with IRS tax audit.
Archival music provided by Past Perfect Vintage Music, www.pastperfect.com.
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