so if apple posts 14 billion in profits this year, 3 million is the equivalent of 2 cents for every hundred dollars the company made, or 0.02% of their profit.
3 million is a huge donation, until it's put into perspective.
lastly, i know someone [insanely rich] who has a 120 acre estate in new york, who put 90 acres into a land trust [it's now technically owned by the state of new york] so he doesn't have to pay property taxes on it. technically, any us citizen can go enjoy this land, EXCEPT that there's no public access to it - you would have to trespass to get to it.
furthermore, he "donated" a huge sum of money to build a lakeside estate on that land for a charity that he set up. AGAIN, ANYONE can stay at this estate, provided they can get to the land without trespassing - only possible via helicopter or skydiving. he doesn't pay property taxes on the estate, and every dollar spent on upkeep is a tax-deductible donation.
Most states can and will use eminent domain to provide access to public lands. Unless the state of New York is absurdly corrupt and the IRS fell asleep, very little of this seems plausible. Sounds a lot more like an urban legend than a true story.
Who was the guy? Where is the land? Link to any public record?
It appears New York law would quite readily allow for an easement through private land to access public lands...
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so if apple posts 14 billion in profits this year, 3 million is the equivalent of 2 cents for every hundred dollars the company made, or 0.02% of their profit.
3 million is a huge donation, until it's put into perspective.
lastly, i know someone [insanely rich] who has a 120 acre estate in new york, who put 90 acres into a land trust [it's now technically owned by the state of new york] so he doesn't have to pay property taxes on it. technically, any us citizen can go enjoy this land, EXCEPT that there's no public access to it - you would have to trespass to get to it.
furthermore, he "donated" a huge sum of money to build a lakeside estate on that land for a charity that he set up. AGAIN, ANYONE can stay at this estate, provided they can get to the land without trespassing - only possible via helicopter or skydiving. he doesn't pay property taxes on the estate, and every dollar spent on upkeep is a tax-deductible donation.
Most states can and will use eminent domain to provide access to public lands. Unless the state of New York is absurdly corrupt and the IRS fell asleep, very little of this seems plausible. Sounds a lot more like an urban legend than a true story.
Who was the guy? Where is the land? Link to any public record?
It appears New York law would quite readily allow for an easement through private land to access public lands...