Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

SecState Kerry and his wife have millions invested in offshore tax haven hedge funds
American Thinker ^ | 04/26/2016 | Thomas Lifson

Posted on 04/26/2016 10:47:58 AM PDT by SeekAndFind

Bernie Sanders loves to denounce the tax dodges of the wealthy (even as he pays 13.4% income tax on a $200K+ income), so it would be interesting to hear what he has to say about John Kerry, the current secretary of state and former Democratic Party nominee for president.  An analysis of public documents by the Daily Caller News Foundation indicates that Kerry and his wife liberally use offshore tax havens.  Richard Pollock writes:

… a DCNF investigation has confirmed that the former Massachusetts Democratic senator and his billionaire wife, using an elaborate set of Heinz family trusts, have invested “more than $1 million” each into 11 separate offshore accounts — mainly hedge funds in the Cayman Islands.

The investments were made during both Kerry’s tenure in the Senate and in his present position as the nation’s chief diplomat.

The trusts funneled millions of dollars over the years into various offshore investment vehicles through a Heinz trust called the “Heinz Family Commingled Alternative Investment Fund.”

The hypocrisy is as pointed as any Republican family values figure caught with a mistress, though of course the media have no interest in pointing it out.  And Kerry’s spokesman naturally makes excuses:

State Department Spokesman Adm. John Kirby told TheDCNF Kerry is not a beneficiary of the investments and does not own them.

“Secretary Kerry has no offshore investments. He is not, nor has he ever been a beneficiary of Heinz Family and Marital Trusts and he has no decision-making power over them since they are entirely controlled by independent trustees,” said Kirby.

Heinz is a beneficiary, Kirby said, but he emphasized that the investments “are entirely controlled by independent trustees.” He declined to say who controls the trust and makes investment decisions.


(Excerpt) Read more at americanthinker.com ...


TOPICS: Government
KEYWORDS: hedgefunds; johnkerry; millionaires; offshore; soskerry; taxevasion; taxhaven

1 posted on 04/26/2016 10:47:58 AM PDT by SeekAndFind
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

I spent the first half of my life in Boston, MA.. It still amazes me that this POS got this far with his life. A life full of anti-America bullet points. You would think that anyone who would change his name so his initials match JFK, would be run out of politics; sadly that’s not the case.


2 posted on 04/26/2016 11:00:08 AM PDT by MaxistheBest
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Bernie the munificent...phony *democratic* Socialist.


3 posted on 04/26/2016 11:04:22 AM PDT by orchestra ((And there were also two other, malefactors, led with him to be put to death.))
[ Post Reply | Private Reply | To 1 | View Replies]

To: AdmSmith; AnonymousConservative; Berosus; Bockscar; cardinal4; ColdOne; Convert from ECUSA; ...

4 posted on 04/26/2016 11:04:27 AM PDT by SunkenCiv (Here's to the day the forensics people scrape what's left of Putin off the ceiling of his limo.)
[ Post Reply | Private Reply | View Replies]

To: SeekAndFind

John Kerry is what you get when you cross Eddie Haskell with a rich wife.


5 posted on 04/26/2016 11:15:53 AM PDT by chuckee
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

Wrong. It’s not his money. The shithead never worked a day in his life .


6 posted on 04/26/2016 11:22:24 AM PDT by longfellow (Bill Maher, the 21st hijacker.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: SeekAndFind

The way our tax laws are written, they’d be foolish not to do so.


7 posted on 04/26/2016 11:51:35 AM PDT by JimRed (Is it 1776 yet? TERM LIMITS, now and forever! Build the Wall, NOW!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: MaxistheBest

I knew JFK, and I am here to tell you that JFK is no JFK.


8 posted on 04/26/2016 11:53:10 AM PDT by AndyJackson
[ Post Reply | Private Reply | To 2 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson