Clintons' offshore accounts?

[rainbow4321]

http://wonkette.com/politics/offshore-investments/not-just-for-republicans-anymore-334863.php


It turns out that Bill Clinton, too, has money in a couple of offshore investments in the Caymans, a Caribbean tax haven, through California billionaire Ron Burkle (with whom Bill is reportedly socially acquainted). Those investments are usually used by foreigners to invest in America without paying American taxes, though the Clinton camp (like the Romney and Edwards camps before it) is claiming that he totally pays the right amount of U.S. taxes.

However, the structure of Clinton’s involvement is not entirely clear and the Clintons and Burkle’s people have refused to be more specific about whether Clinton’s involvement with the investments could include an equity stake that would allow him to pay a 15% tax rate on the income rather than the standard income tax rate of 35%. Clinton doesn’t plan to divest himself of this holdings (which appear to be designed to pay investors more as they remain involved) until Hillary secures the nomination, at which time his spokesman says that “there will be an appropriate transition for those relationships.”


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http://www.huffingtonpost.com/tag/hillary-ron-burkle-bill-clinton


Bill Clinton has severed business ties with Los Angeles billionaire Ron Burkle, fearful that their deals could erupt into bad publicity damaging his wife's presidential bid, according to sources who know both men. The break-up is a major development in...