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Related: About this forumRyan blistering 2010 attack on those who use Cayman Islands to "hide their money".
Absolutely devastating, cue the VP debates;
beac
(9,992 posts)Seems Lyin' Ryan's ambition FAR exceeds his principles.
I guess those Cayman corporations are a-okay if Big Daddy Mitt is involved because he's JUST the man to "get growth back on", right Paulie boy?
BeliQueen
(504 posts)So instead of them paying the paltry sum of 15% on capital gains, he's advocating that we lower capital gains so they pay closer to the 0% that they can find offshore.
He's not demonizing the practice; he wants the practice instituted in the U.S.A.
Roy Rolling
(6,911 posts)People are missing the point. He is praising the practice of dodging taxes and wants people to dodge taxes by using the USA instead of the Cayman Islands.
His idea is even worse than simply slamming the practice.
AAO
(3,300 posts)brain dead.
Plucketeer
(12,882 posts)one facet of Ryan's vetting....... didn't it?....... er, maybe not. OOPS!
Kablooie
(18,619 posts)Hypocrisy is the foundation on which the whole Republican party stands.
bonniebgood
(940 posts)pam4water
(2,916 posts)NYC Liberal
(20,135 posts)"compete" with the Cayman Islands.
Which, honestly, is just as bad.
rfranklin
(13,200 posts)on some trumped up pretext (see Reagan Invades Grenada). I would confiscate all the bank records and prosecute the tax evaders and seize all their assets (see Black Man Driving Car While Holding an Ounce of Marijuana).
This is how real Americans deal with a threat from a foreign power like the Caymans.