Billionaires can't afford to pay taxes ??? Or is it unbridled Greed, and Complete Indifference to the Italian people??
 
Reminds me of Leona Helmsley a billionaire New York City hotel operator and real estate investor, mostly from marrying well.  She had a reputation for tyrannical behavior that earned her the nickname Queen of Mean. Helmsley was convicted of federal income tax evasion in 1989.  Helmsley's fate was sealed when a former housekeeper testified during the trial that she had heard Helmsley say: "We don't pay taxes. Only the little people pay taxes...!!!

Domenico Dolce and Stefano Gabbana are in big trouble! The Italian designers have been indicted for trying to avoid paying taxes in Italy. The WHOA part of the story is that they allegedly owe $569 million EACH. 

If the case actually goes to trial, and if they are found guilty, they can owe up to $1 billion dollars and even spend 3 years in jail. Who would send Dolce & Gabbana to jail? That?s just bullying! 

I?m sure they will settle out of court because there is no way these two would spend any time in jail. Who is going to throw fabulous parties on their yacht? But then again will they be able to afford their fabulous yacht if they pay up $1 billion dollars. 

"It's a paradox! Since when does one have to pay taxes on money one never actually collected," the designers said in a personal statement.. "It's an absurd demand based on a completely abstract calculation. This higher taxable sum is a virtual figure we have never received, the result of a theoretical accounting exercise." 

Labels like Salvatore Ferragamo, Gianfranco Ferr?, Roberto Cavalli, Versace, Krizia have all faced similar tax charges in Italy. 

http://www.hollyscoop.com/style/dolce--gabbana/dolce--
gabbana-indicted-on-tax-charges-might-go-to-jail-and-
pay-1-billion_2092.aspx
 
 
 

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