Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
Editorials & Other Articles
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
General Discussion
In reply to the discussion: The Obama campaign releases a new infographic. [View all]Beartracks
(14,609 posts)25. I thought offshoring was so you didn't have to claim the $...?
Does stashing money in the Cayman islands like Romney mean that you don't have to claim the investment income? Or do you still have to do it... but stashing it in the Caymns just makes it easier to *hide* it?
==============
Edit history
Please sign in to view edit histories.
Recommendations
0 members have recommended this reply (displayed in chronological order):
65 replies
= new reply since forum marked as read
Highlight:
NoneDon't highlight anything
5 newestHighlight 5 most recent replies
RecommendedHighlight replies with 5 or more recommendations
can someone explain why he'd have them offshore if there was no tax benefit
Bluerthanblue
Jul 2012
#3
As near as I can tell, stashing money in a foreign bank account is a way to dodge paying taxes
klook
Jul 2012
#26
so you'd dodge taxes too if you were rich? next time, try harder. a union avatar doesn't cut it.
dionysus
Jul 2012
#57
if this is 'esoteric financial information', then America really IS truly doomed
stockholmer
Jul 2012
#11
This "esoteric," intelligent stuff is the proof. It backs up the confrontational rhetoric.
JDPriestly
Jul 2012
#18
oh bullshit. Serously? RMoney is a lying out of touch rich idiot with millions stashed in offshore
Warren Stupidity
Jul 2012
#53
Not all wealthy people have tax haven bank accounts. And why do you think Romney has one in Caymans
progree
Jul 2012
#31
in case the point escapes you, it proves romney is a greedy, tax dodging douchebag.
dionysus
Jul 2012
#55
I completely agree Romney is a greedy tax dodging douchebag, But I'm not voting for him regardless.
leftylauren
Jul 2012
#61
maybe. a lot of republicans conveniently look the other way when their own break laws.
dionysus
Jul 2012
#63
You're right I should have made my statement as changing an independent's mind not a conservative's.
leftylauren
Jul 2012
#62