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Old 05-04-2009, 10:59 AM
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Default Barack to close offshore tax loopholes, and........

......teddy won't like that one bit......


Senator Edward Kennedy has moved his entire personal estate assets to an offshore trust located in Tortola, BVI? Possibly because BVI has no estate or death tax? Kennedy has few personal assets in the U.S. The family pays an annual rent (to cover property taxes, insurance, maintenance, operations, etc.) to his BVI trust for his considerable luxury compounds located in Martha's Vineyard, Palm Beach and elsewhere. Along with lot's of other folks.



http://www.foxnews.com/politics/2009...usiness-taxes/
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Old 05-04-2009, 04:32 PM
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AGAIN the liberal montra DO AS I SAY NOT AS I DO- you wont hear about this on cnn cbs or nbc
joeg
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Old 05-05-2009, 09:25 AM
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Quote:
Originally Posted by joe g View Post
AGAIN the liberal montra DO AS I SAY NOT AS I DO- you wont hear about this on cnn cbs or nbc
joeg
Its all in understanding the 'terms.'
Liberal is what I should be allowed to do.
Conservative is what you should be allowed to do.
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Old 05-04-2009, 09:55 PM
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"The president also called for more transparency in bank accounts held by Americans in tax havens such as the Cayman Islands."

Uh-oh....The Chicken farmer better start "steppin'".Maybe he could bury the charity money in those "Old rusty frames" he once "found".

In any event,this little"diddy" is going to be interesting to watch.
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Last edited by Cobrabill; 05-04-2009 at 10:09 PM..
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Old 05-04-2009, 10:59 PM
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I can just hear the azz-chewing Hillary is laying on BO...

Are you out of your mind??? You know full well to clear this stuff with me first!!!

The Hill,Bill(ies) have lots of overseas interests. (watch this idea die a quiet death)
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Old 05-05-2009, 04:46 AM
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I believe your right Ronbo, it will either die or a 'special' exemption will be included for the most favored, of which there are many in DC.
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Old 05-05-2009, 09:12 AM
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People with money make the rules, be they "conservative" or "liberal".

After 9/11 there was talk about making money laundering harder, but nothing happened, since plenty of rich people depend on money laundering to stay rich.
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