April 26, 2016

JOHN KERRY APPARENTLY MISSED OBAMA’S MEMO ON THOSE EVIL OFF-SHORE TAX HAVENS: Seems the Secretary of State and his wife, heiress Teresa Heinz, have millions of dollars invested in at least 11 off-shore tax havens, mostly registered in the Cayman Islands, according to the Daily Caller News Foundation Investigative Group’s Richard Pollock. President Obama calls such actions “gaming the system” when Republicans like Mitt Romney do it.

“Well, I say it doesn’t look good by any means,” Susan Harley, deputy director of Congress Watch, the progressive watchdog group founded by Ralph Nader, told Pollock. “There’s always a question of whether it’s tax avoidance or tax evasion. We would expect our government servants to uphold the law. Those folks need to be held to the same standards as everyone else.”

Either Kerry missed the memo or laws are for, you know, the little people. Like you and me. Now, if we were among “the world’s richest and most powerful people have used offshore bank accounts to conceal their wealth and avoid taxes,” as Pollock describes them, perhaps we would have a different view of these financial tools.

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