Dave McCormick: Wealthy GOP Senate Candidate
This is a Pennsylvania news story, published by Insider, that relates primarily to Dave McCormick news.
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GOP Senate nomineeInsider
•GOP Senate candidate David McCormick has up to $2.2 million in a 'dynasty trust' that allows him to evade wealth taxes — potentially forever
83% Informative
Dave McCormick , the likely GOP Senate nominee in Pennsylvania , is incredibly wealthy.
He also holds up to $2.2 million in something called a "dynasty trust" It allows owners to transfer wealth for generations — potentially forever — without wealth taxes.
McCormick and his ex-wife owned $4.3 million across 6 accounts with Credit Suisse in 2014 .
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