America's Road to Wealth

Chapter 635 American Art and Charity Ball

Gently pulled down Lavigne, who was tired and sweaty, and placed it next to Spears, who was sleeping paralyzed.

Abel got up and checked the time, it was exactly 8:30 in the morning.

Avril Lavigne is good at this, don't look at her petite figure. Resilience is almost the best among all his women.

Even those angel babies from Isa's company are inferior to her in this respect.

She endured most of the night last night, and she could be half-forced by Abel to get up once in the morning, but Abel's other women couldn't do it.

After getting off Simmons, he turned his head and glanced at the two white bodies lying on top of each other, Abel shook with satisfaction, turned and walked into the bathroom next to him.

It was half an hour later when he came out wearing a bathrobe. The two on Simmons slept as soundly as ever.

Avril, who worked a lot in the morning, even snored slightly.

After leaving the door of the bedroom, as expected, the Hurst sisters were already waiting there.

"Good morning, Lydia and Amanda." He greeted them with a smile.

Back in New York last night, the Hearst sisters who had been working with him during this period of time also took time off to return to the Hearst family.

In fact, if the two are willing, Abel can give them a few days off.

There are more than 20 secretaries and assistants who follow Abel all the year round.

To be honest, it's okay to lose the two of them, and it can work just as well.

After all, they are still young, and they mainly play the role of "icing on the cake" in this team.

Two elegant flowers that are occasionally used to satisfy the boss's physical needs.

But, it can be said directly that none of the women around Abel is without ambition.

Up to little Laura, Kayla, down to Megan Fox, Daddario and other Hollywood florets, none of them have fuel-efficient lamps.

With so much competition around him, Amanda and Lydia dared not stay too far away from him for too long.

If they were not around, and some other food came in to occupy their current ecological niche, it would be more harm than good.

No, just went back for one night. They came back so early the next day and resumed their work as Abel's secretary.

"Good morning, Boss." X2, the two responded in unison.

"Let's have breakfast first." Abel said with a smile while walking towards the restaurant on the east side of the mansion.

Since he bought Woolworth Building and renamed it Smith Building.

The top floor of the Woolworth Building, originally used as a huge observation deck, became one of Abel's main residences in Manhattan.

With a total of 4 floors and an area of ​​more than 2,000 square meters, the interior includes more than 125 new windows approved by the New York Landmarks Preservation Commission, ceilings over 7.3 meters high, private elevators, and an unparalleled 360-degree view of New York City.

When renovating the entire Smith Tower, Abel hired the famous New York architectural firm Alchemy Properties to transform the top of the Smith Tower into a special residence.

The facade cannot be changed except for the windows, and the interior directly adopts the exquisite decoration designed by Thierry W Despont, who is famous for restoring the Statue of Liberty.

Alchemy Properties restored original architectural details to reflect the building's glory days, while updating the home with modern conveniences and amenities.

With a lot of money, the interior here has now become a blend of classic and modern.

Even a picky Californian princess like Keira is full of praise and is very satisfied with this place. She has a very pleasant stay and it has become her old nest in New York.

Avril Lavigne and Britney Spears, Abel stuffed it directly to Keira, so the two of them can also live here.

Others are not so lucky.

Of course there was little Laura. But she has not seen the king with Kaila all the time, and Kaila will not go to her place, and she will not take the initiative to come to Kaila's place.

Sitting at the dining table, there are beautiful maids who have been prepared by the side, serving Abel under the guidance of the housekeeper, including but not limited to the delivery of food, the preparation of food, and other things that ordinary people can't think of meal service.

Abel invited Lydia and Lydia, and they both said they had already eaten.

"Then let me report on my itinerary for today. Well, tell me, Lydia." Abel put the French blue lobster that the maids peeled and covered in juice into his mouth, while tasting the $500 each Superb lobster, said with a smile.

Lydia is wearing a small orange suit today, looking bright and colorful.

The neckline of the small suit is naturally open, revealing the red and white fleece underneath. The bulging fleece proves that her career line is very successful.

The lower body is a pair of lake blue tight trousers, which set off her slender legs. It is a fashionable and beautiful professional woman's dress. With her exquisite and beautiful appearance, she is not inferior to her cousin Amanda next to her.

"Yes." Lydia, who knew what Abel liked most about herself when she was working, began to report seriously:

"...The itinerary shows that you need to show up at the Smith Capital office at 10:00 am. Today is the 21st fundraising announcement day of Smith Capital..."

"At 10:35, the Smith Media management meeting will be held, and the rotating CEO for next year will be determined."

"10:59, Mr. Bloomberg and Mr. Soros invited you for coffee at Charlie Brown's Pizzeria, which you agreed three days ago."

"At 12:00, you will attend the press conference of the New York City Council. Because the New York City Council decided to award you the honorary award of "Chief Citizen of New York"..."

"At 13:11, the New York State Senator and former President Zipper and his wife invited you to play golf at Winged Foot Golf Club in New York, and you agreed yesterday."

"14:55, you..."

"..."

Lydia spoke briskly and articulately in less than 10 minutes, reporting to Abel his general itinerary for the day.

Status, wealth, power, influence, these things are as high as Abel, and people who don't even need him as high as him.

It can be said that as long as they want, they have endless tasks and people to meet every day.

These people almost always make a schedule a day or even a few days in advance to avoid conflicts as much as possible.

Even businessmen at Ikana's father's level were the same, because they were really, really busy.

Of course, after all, humans are advanced animals that can be affected by endocrine hormones, not robots.

So many times, the itinerary will also be changed. When I feel tired or unhappy or sick, or when there are any emergencies, the itinerary will be changed.

At this time, it is necessary for the secretaries and assistants who formulate the daily schedule of the bosses to try to avoid conflicts.

Like now, when he heard that he was going to attend a charity dinner in the evening, Abel questioned: "Whose charity dinner?"

Lydia didn't even look at the itinerary in her hand, and explained directly: "It's the annual fashion charity dinner held by "Fashionist."

She still wanted to continue explaining in detail, but Abel suddenly said, "Oh, I remembered. Was it Anna Wintour who made that show?"

"Yes, it's the Fashionista magazine, which Ms. Anna Wintour is the editor-in-chief of, this year's fashion charity dinner."

Abel remembered that he had indeed agreed to the request of Anna Wintour and her immediate boss, Dylan, CEO of The Smithsonian, to attend the "American Art and Charity Ball" held in October.

The dinner was hosted by "Esquire" magazine, and Anna Wintour, the devil in the fashion industry, personally operated it.

And "Fashionist" is an entertainment and fashion magazine published by Smith Newspaper Group, a subsidiary of Smith Media Group, after Anna Wintour switched from "VOGUE" magazine and the Newhouse family to Abel.

In the past two years, under the operation of Anna Wintour, the former editor-in-chief of the American version of "VOGUE", coupled with the support of Smith Media's huge internal resources, and Abel's increasingly terrifying influence.

The new "Esquire", like its brother magazine "Observer", entered the industry with a very rapid attitude, and challenged the overlord "VOGUE".

The "American Art and Charity Ball" held for the first time this year is Anna Wintour's "New York Metropolitan Museum of Art Charity Ball" according to the American version of "VOGUE", which is also the famous New York Metropolitan Dinner COSPLAY annual event.

It can't be said to be cosplay, because although the New York Metropolitan Museum of Art charity ball first appeared in 1971.

But it really shines, and its growing influence has become the "Oscar dinner" in the fashion industry, and it started in the hands of Anna Wintour.

Before that, the Metropolitan Charity Dinner was held alternately by the American editions of VOGUE and BAZAAR, two fashion magazines. It was just a niche fashion art exhibition and charity ball.

It can be said that without Anna Wintour, there would be no status in the industry of the current New York Metropolitan Fashion Ball Dinner.

Now, Anna Wintour, who brought fame to the Metropolitan Museum of Art benefit ball in New York, has turned against VOGUE.

Now she is going to personally overthrow this banquet that has been carried forward by her.

So she created Esquire's own annual event, called the American Arts and Charity Ball.

The Met Gala is held at the beginning of May every year, and the "American Art and Charity Ball" is also scheduled to start in May, which means directly competing with "VOGUE".

But at that time, the Alberts were not in New York, and later they went to Asia on business trips.

Of course, Anna Wintour did not dare to force the big boss, and accommodated Abel in various ways, and finally set the time in mid-October.

Because she knew very well that the Met Gala was already in full swing.

Even if it is her, if she wants to defeat it, she must use a stronger force.

Abel, who helped her get rid of the control of the Newhouse family and let her be free, became the biggest strength she wanted to use.

In fact, when Anna Wintour was the editor-in-chief of the American version of "VOGUE", Abel was invited to the Metropolitan Charity Dinner many times.

Even after Anna Wintour ran away, "VOGUE" has been inviting Abel.

Even now, everyone understands how glorious and exciting it would be if Abel appeared at this kind of dinner.

After thinking about the cause and effect, Abel nodded casually and said, "Then go, um, get the check ready, it's $5 million."

Seeing Lydia nodding yes, then immediately remembering that Abel, who had already eaten two French blue lobsters, started to eat the grilled veal steak, and asked casually: "By the way, I remember my meal this year. Is the amount of tax avoidance about the same?"

In fact, the closer to the end of the year, there will be more charity dinners in the United States. Even many charity dinners are opportunities for the rich to make surprise donations, thereby increasing the tax-free amount.

As I said a long time ago, most of the rich people in the United States and even in many parts of the world donate money and set up their own charitable funds for tax avoidance, and a small part have other purposes. This is an exaggeration.

This is true even including Abel, because this method of tax avoidance is really beneficial, even if it is donated to other foundations, it is very cost-effective.

According to the relevant laws and taxation regulations of the United States, assuming that the taxpayer puts 10,000 U.S. dollars into the donor advisory fund this year and donates it to charities at any time within four years, the taxable income of this year will be 100,000 U.S. dollars tax-free.

And the object of donation can be a charitable fund in your own name.

In other words, Abel has donated 23.15 billion US dollars in the United States this year, and he can get a tax-free amount of 231.5 billion US dollars.

In fact, more than 95% of his donation of 23.15 billion US dollars fell into his own Smith Charitable Fund...

Although the Smith Charitable Fund is indeed doing good things, if one day he doesn't want to do good things.

But it is not so exaggerated to spend more than 20 billion U.S. dollars to do good deeds. A total of more than 3 billion U.S. dollars was spent.

Most of the rest, apart from being provided to several medical research laboratories under the name of Abel, the rest of the funds were entrusted to Smith Capital for investment in the form of charitable fund trusts...

It only needs to spend a small percentage of money on charity every year, which is reasonable and legal according to the law.

Those rich Americans who run their own charitable funds basically use this model to avoid taxes.

Of course, this refers to personal income, mainly the personal income tax of the rich.

Like Abel, as long as he does not earn more than 231.5 billion US dollars in name this year, then he will not have to pay a penny of tax...

Regardless of whether Abel can earn so much money, even if he earns more than this figure, it can actually be operated.

Simple accounting and profit transfer are enough. As long as it is not too excessive, the IRS has no way to investigate him, because this is allowed by law.

Why are accounting and actuarial companies like PricewaterhouseCoopers so profitable?

Because that's what they do.

So there is really no place to reason with this shit.

Smith Charitable Fund, to put it bluntly, after this kind of operation from the left hand to the right hand.

As long as he wanted to, the country wouldn't want to take a penny from Abel.

So the rich in the United States, of course, are getting richer and richer.

But, because of his good relationship with the IRS, Abel will not do too much.

In addition, due to the reason of continuing to create a personality, the IRS (Internal Revenue Service) will still be able to get about 500 million U.S. dollars in taxes from him this year.

Don't underestimate this tax, which is already the largest single tax that the IRS can receive from a private person.

Compared with Abel, who is really generous in this regard, other rich Americans are much more excessive.

Let alone Morgan and Rockefeller, the IRS has no way of receiving even a dime from them personally.

Even for a businessman of the level of Ikana and her father, it is difficult for the IRS to receive much money.

Thousands of dollars or even hundreds of dollars a year are not uncommon.

When it comes to personal income taxes, the IRS can only rake money out of the middle class because the really poor are exempt from taxes on this front.

Those who sell washing powder and leaves are another count. They belong to the gray area, even if they are legal, they will still be gray, so they must be taxed high.

It's about the same as the gaming tax or something like Las Vegas.

Well, the fact that taxing the rich is very difficult has never been unique to the United States.

In fact, the whole world is similar, and even... is actually the same.

It's outrageous.

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