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1 posted on 06/06/2013 7:15:14 AM PDT by Kaslin
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To: Kaslin
Here are 185 examples of Barack Obama’s lying, lawbreaking, corruption, cronyism, etc.

114) Has a double standard for investing in China and the Cayman Islands

Although Obama criticized Mitt Romney for having investments in China and the Cayman Islands, Obama himself has investments in both of those places.

2 posted on 06/06/2013 7:16:56 AM PDT by grundle
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To: Kaslin

People forget that tax havens are only tax havens if you keep their existence secret from the IRS. If you don’t, they are just funds that happen to be located overseas.

Under pressure from the powerful and ever-more-greedy US government, bank secrecy has pretty much gone away. I’ve heard that many overseas banks refuse to open accounts for US citizens because it’s not worth the potential hassle.

Yet another reason for a consumption based tax—who cares where you stash your money if the taxes are assessed when you spend it?


3 posted on 06/06/2013 7:19:28 AM PDT by Pearls Before Swine
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To: Kaslin

The tax code is nothing but a long list of favors given to special interest groups in exchange for their votes. It is fully corrupt and should be eliminated, immediately.


4 posted on 06/06/2013 7:20:37 AM PDT by ryan71 (The Second American Revolution)
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To: Kaslin
I don’t remember that compliance with the tax law mattered when Obama and the media were going after Romney in 2012 for legally investing in the Cayman Islands.

Ugland House is bad…unless you’re a rich leftist

Could it be that tax havens are okay, but only if you support big government?

I'm pretty sure Romney supports Big Government, so that's not it.

5 posted on 06/06/2013 7:27:39 AM PDT by Moonman62 (The US has become a government with a country, rather than a country with a government.)
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