Sunday, March 29, 2009

Off-shore tax havens are expensive: for US



How expensive are these corporate off-shore tax havens of BAILED-OUT companies? How much are these tax havens, set up by many of our "patriotic" and "family values" executives (and share-holders) costing US?

Would you believe they cost the US (that's US!) $100 billion?

4 comments:

Distributorcap said...

can i quote sir walter scott

oh what a tangled web we weave......

Lowell said...

@ DC - Yes! Unfortunately, I'm afraid too many Democrats are complicit spiders!

Grandpa Eddie said...

I think that some day we shall find that it is much more than $100 billion.

I see that Switzerland is starting to turn over names and amounts to depositors home countries.

Bob Poris said...

An excellent question that should be looked into.

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