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View Full Version : Cayman Tax Shelter GOP Gift to Crook Corporations?


disrupter
12-14-2007, 07:48 AM
In 2006 our Republican majority voted to continue tax shelters in the Cayman Islands for 12,000 U.S. corporations, which include some of these firms. They also voted not to investigate no-bid war contracts.

Follow the money trail to the Republican Party, folks.http://www.bnd.com/editorial/letters/story/195526.html

From a letter to editor, so i don't know if it is verified.
Certainly sounds par for the sicko corrupt Republican agenda.

disrupter
12-14-2007, 08:04 AM
From 2004:
In Congress, the Democrats and the Republicans began fighting over who was going to be tougher on companies that do this. No legislation was passed. After last fall's elections, the Republicans passed their bill, an absolute, ironclad bar on Bermuda/Cayman Islands/Panama companies having federal contracts. But the subsidiary in the United States can have a contract. It's an absolutely meaningless reform.http://www.rochestercitynewspaper.com/archives/2004/3/Watchdog