Mother Jones 400
April 1996
14. Walter H. Shorenstein
Age: 80
State and Town San Francisco, Calif.
Total Donated $264,453.
Party D
Chairman of The Shorenstein Co., a real estate management company, Shorenstein is a Forbes 400 member ($450 million net worth) and a onetime adviser to President Johnson. He benefits from congressional "passive loss" tax policies that allow real estate investors to take tax credits on empty properties.
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