Hayley Mills says taxes wiped out most of her Disney fortune
Fox News • • entertainment
Key Points:
- Hayley Mills, famed Disney child star known for "Pollyanna" and "The Parent Trap," revealed on "The Rosebud Podcast" that most of her Disney earnings were lost to a 90% super tax due to a poorly managed trust fund set up by her father and family solicitor.
- Despite a brief legal victory from Lord Denning in the 1970s, the House of Lords overturned the decision, forcing Mills to pay a massive surtax that wiped out much of her fortune, with her appeals ultimately denied in 1975.
- Mills expressed that she struggled to transition from child star to adult actress, choosing to diversify her career beyond Disney films and continuing to work sporadically in stage and television roles.
- She credited her relative stability to the support of her parents and Walt Disney himself, describing Disney as a warm and kind man who personally took care of her during her early career.
- Mills acknowledged the challenges of growing up in Hollywood but felt fortunate compared to other child stars, emphasizing the importance of having a strong support system to navigate the intense environment.
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