Archived material Access restricted Article
Rantburg

Today's Front Page   View All of Tue 04/26/2016 View Mon 04/25/2016 View Sun 04/24/2016 View Sat 04/23/2016 View Fri 04/22/2016 View Thu 04/21/2016 View Wed 04/20/2016
1
2016-04-26 Home Front: Politix
Kerry and Heinz Family Have Millions Invested In Offshore Tax Havens
Archived material is restricted to Rantburg regulars and members. If you need access email fred.pruitt=at=gmail.com with your nick to be added to the members list. There is no charge to join Rantburg as a member.
Posted by Besoeker 2016-04-26 04:35|| || Front Page|| [7 views ]  Top

#1 One set of standards for us, one for them.

Don't question them, peasant.
Posted by DarthVader 2016-04-26 08:55||   2016-04-26 08:55|| Front Page Top

#2 Since the release of the papers, no American politician has been identified as using the secretive offshore accounts.

Get ready for a double bonus round of Name That Party.
Posted by Matt 2016-04-26 09:35||   2016-04-26 09:35|| Front Page Top

#3 They would be foolish not to.

One of the arguments against steeply progressive tax rates is that it disproportionately affects people trying to climb the ladder. People who are used to having money know how to manage it and their tax burden. Only people who are new to making big money pay the highest tax rates.
Posted by Iblis 2016-04-26 11:08||   2016-04-26 11:08|| Front Page Top

#4 that would be fine, except the rich progressives routinely denounce Middle America for resisting attempts to confiscate more of their lesser wealth. The hypocrisy reeks
Posted by Frank G 2016-04-26 11:54||   2016-04-26 11:54|| Front Page Top

#5 Secretary of State John Kerry and his second wife's first husband's trust fund...

FIFY!
Posted by Raj 2016-04-26 14:14||   2016-04-26 14:14|| Front Page Top

#6 Frank G: Yup. That's why this is ultimately a story about corruption, not taxes.
Posted by Iblis 2016-04-26 15:35||   2016-04-26 15:35|| Front Page Top

#7 Congress has had DECADES to simplify and reform the Federal tax code, and they have not done squat. They cannot live within their budget. They know how to spend. They know how to game the system. They take no responsibilities, and they do not utilize their powers to fulfill their responsibilities.

In short, they take in huge amounts of revenue, and give little value in return.
Posted by Alaska Paul 2016-04-26 16:10||   2016-04-26 16:10|| Front Page Top

#8 So for everyone bashing him and her family you need to take a hard look in the mirror. The USG is throwing money away. That money is tax dollars taken from you. At this rate out government will fail. The money looses it values and our government is in line historically to fall. If you were worth billions burying enough money for your extended family to survive is good commons sense. They are worth billions and they stashed 11 million? Chump change. A lot less than I would have done. Imagine the exodus if Bernie looks to beat Hillary. Everyone will divest their cash into shelters because he already said he would come for it.
Posted by 49 pan 2016-04-26 17:33||   2016-04-26 17:33|| Front Page Top

#9 How about flat tax, 10% on personal income, 15% on partnership or sole-proprietor businesses, 20% on corporation businesses. No deductions other than children (dependents), mortgage (only on primary residence), and low income (Earned Income Credit)?

No tax shelters, few accountants, very few lawyers, very few IRS agents needed.

And audit the fed.
Posted by Don Vito Trotsky5889 2016-04-26 23:04||   2016-04-26 23:04|| Front Page Top

23:27 Otto Sinatra3589
23:21 Thing From Snowy Mountain
23:04 Don Vito Trotsky5889
23:00 Tyranysaurus Stalin8832
22:34 Skidmark
22:18 trailing wife
22:07 trailing wife
21:30 Whirong Hupose5528
21:29 Waldemar Crusogum8945
21:26 Bill Clinton
21:24 Big Stalin9042
20:50 Pappy
20:48 Pappy
20:47 Pappy
20:39 Pappy
20:33 European Conservative
20:30 European Conservative
20:07 Iblis
19:03 Airandee
18:47 swksvolFF
18:32 P2Kontheroad
18:28 magpie
18:14 Thing From Snowy Mountain
17:50 Shipman









Paypal:
Google
Search WWW Search rantburg.com