Monday, June 18, 2012

Hypocrite Jon Stewarts Hides His Massive Wealth

Jon Stewart, the left-wing star of the low-rated "Daily Show," might not be richer than Romney today, but the pace he's currently on means that someday he may very well be.Of course that means nothing to Stewart as he continues to carry Obama's water and launch divisive class warfare attacks from the platform of a super PAC known as Comedy Central to attack Mitt Romney's wealth.

Though Stewart distances himself from the “one-percenters” and bellows over their extravagance, his bank accounts bear all the marks of the “multi, multi, multi, multi millionaires” he mocks. The 49-year-old Stewart, born Jonathan Stuart Leibowitz, makes more than 300 times the median American salary, owns three luxury homes and sometimes doesn’t pay his taxes. …
While $80 million doesn’t yet put Stewart into the same wealth bracket as Romney, he is already on pace to be richer than the former Massachusetts governor when he reaches his age.
At his current earning rate, The Daily Show host’s net worth will be $320 million by the time he turns 65 — Romney’s current age. And that total doesn’t include increases in property value or other assets Stewart might accumulate.
Stewart also owns three opulent mansions and, get this, hides these assets under fake names:
He doesn’t technically own those homes: Using a trick mastered by countless one-percenters, the properties were purchased by private trusts. Stewart’s trusts are named after his pets.
The super-wealthy often make big-ticket purchases through trusts in order to protect their other assets from lawsuits, diminish estate tax liability, and avoid public scrutiny.

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