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1964 Press Photo Chrysier Chairman Lee Iacocca

Every photo in our collection is an original vintage print from a newspaper or news service archive, not a digital image. Please see our FAQ for more information.

Description
Caption: Even the smartest people will do the dumbest things to keep their tax bills down. Consider Chrysier Chairman Lee Iacocca, one of the sharpest chief executives around. In 1978, Iacocca put $150,000 into a partnership run by the Weaver Exploration Co. In 1979 and 1980 he put $380,000 more into four Weaver partnerships.

The front and back of this photograph are pictured below:


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