offshore accounts

Wow, there simply are no rules on bullsh*t mountain! In this video from 2010, here's Paul Ryan advocating that we lower capital gains so that the wealthy pay closer to the 0% that they can find with offshore accounts. No criticism of the Read more...
David Cay Johnston at Reuters reports: IRS data suggests that, globally, U.S. nonfinancial companies hold at least three times more cash and other liquid assets than the Federal Reserve reports, idle money that could be creating jobs, Read more...
Broadcast media seems to be quite obtuse when it comes to the overall implications of the Bain controversies over the past two weeks. This is either by design or because they've just become too lazy to actually understand the reasons this might Read more...
Earlier in the week, Josh Marshall dubbed Mitt Romney's extensive offshore accounts 'Kryptonite.' Based on Bobby Jindal's performance on "This Week," he's absolutely right. Hilarity ensued when Terry Moran asked Jindal to comment on them. MORAN: Read more...
Obama campaign adviser Robert Gibbs sees a pattern in GOP hopeful Romney's past of "outsourcing jobs" and offshoring his own personal investments -- and the only way for the former Massachusetts governor to prove that he isn't dodging tax laws is to Read more...

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The incredible new Vanity Fair piece on Romney’s secretive off shore tax accounts and business practices at Bain immediately made me think of one of my favorite video clips of 2012, this one where Romney is talking about how issues related to the Read more...
GE CEO Jeff Immelt heard the voices of the 99 percent this morning as he started his prepared remarks at the Society of Automotive Engineers (SAE) World Congress Tuesday morning in Detroit. A half dozen people interrupted his speech to deliver a message of paying taxes and stop dodging them through tax loopholes. Outside in the hallway another two dozen people played a game of tax dodger ball... Read more...