The Obama campaign releases a new infographic.

[progree]

31. Not all wealthy people have tax haven bank accounts. And why do you think Romney has one in Caymans

and other known tax havens?

Though not wealthy, I have some of my IRA invested in foreign countries, e.g. Vanguard Emerging Markets and some international stock index fund, also through Vanguard. As do millions of Americans have investments in funds that invest overseas. The difference from Romney is that fund companies like Vanguard and Fidelity report all earnings of these funds to the IRS, just as they do funds invested in the U.S. such as the Vanguard S&P 500 index fund.

Anyway, in case you are confusing investing in foreign stocks (directly or via mutual funds) with hiding one's money in a tax haven like the Cayman Islands.

Have you heard *ANY* reason for investing anything in Cayman Island funds other than that they don't disclose anything to the IRS?

Have you read #26 in this discussion?
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=902571

Going after tax cheats is different than going after the wealthy.

I dunno, I give up.