Elvis Presleys' Charitable Acts (Jeffrey Schrembs 2011)
by Jeffrey Schrembs
Elvis Presleys’ Charitable Acts (2011 Jeffrey Schrembs All Rights Reserved) It is important to know that during Elvis’ lifetime, between his Fathers beliefs seeing firsthand the abuses of the IRS and that of Colonel Parker who was an illegal alien always fearful that his illegal status would/could be caught and thereby ruin his managing career as well as face criminal prosecution, that Elvis Presley (1) was in the HIGHEST tax bracket each year including when the highest tax bracket was 95% (yes, ninety five percent) (2) was afraid of the powers/possible abuses of the IRS (3) did not “deduct/apply for a credit/claim a tax write off(s)” for most of his charitable givings and (4) routinely sent his return into the IRS with a note saying “tell me what, if anything, I owe you”. This fundamental point has been either omitted, or minimized, by far too many “biographers” writing about Elvis Presley but it is a point worth understanding for it goes to the INTENT of Elvis’ charitable endeavors and that was simply…the purity of his heart and his desire to help his fellow man. Due to the length please"cut and paste" into your browser the link below - thank you! http://elviscollectorworldwide.wordpress.com/2011/03/31/elvis-presleys-charitable-acts-2011-jeffrey-schrembs-all-rights-reserved/ Click here to read or post comments. |