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  1. #1
    Taking A Stand!!!

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    Default Romney Party Yacht Flies Cayman Islands Flag

    And should we be surprised by this?

    Gov. Mitt Romney's campaign toasted its top donors Wednesday aboard a 150-foot yacht flying the flag of the Cayman Islands.

    The floating party, hosted by a Florida developer on his yacht "Cracker Bay," was one of a dozen exclusive events meant to nurture those who have raised more than $1 million for Romney's bid.
    The Cracker Bay is owned by Gary Morse, developer of the Villages retirement community. Companies controlled by Morse gave nearly $1 million to the pro-Romney Restore Our Future superPAC.
    Romney Party Yacht Flies Cayman Islands Flag - ABC News

  2. #2
    Jesus Christ is Lord

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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    yeah, so

  3. #3
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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    Quote Originally Posted by strapdrager View Post
    yeah, so

    So, this: (from link above)

    "I think it's ironic they do this aboard a yacht that doesn't even pay its taxes," said a woman who lives aboard a much smaller boat moored at the St. Petersburg Municipal Marina.

    Romney's Cayman-based investments have come under fire during the campaign.
    I think it's more than ironic!

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    Retired !

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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    Quote Originally Posted by strapdrager View Post
    yeah, so
    Read more about what you can't seem to understand.

    An abusive tax shelter reduces the amount of tax a taxpayer owes to the government, but does not provide any means to gain actual money. In practice, it's like hiding the money you owe the IRS in a piggy bank under your bed.
    Offshore Tax Havens

    Companies form corporations, banks and trust providers in foreign countries called "tax havens," where taxpayers can hold their money and assets to avoid paying U.S. federal income tax on them. These entities are designed to make it difficult to trace ownership -- and therefore tax liability -- of the assets. Popular tax havens include Panama, Belize, the Cayman Islands, St. Kitts and Nevis, the British Virgin Islands, and the Isle of Man
    HowStuffWorks "Tax Shelter Abuse"

    Romney continues to just insult hard working people, that pay more then their fair share of taxes, with his wealthy elitist attitude.

  5. #5
    Jesus Christ is Lord

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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    What a bunch of crap. Anyone one with common sense will do what ever to protect their money including everyone one this board if they won the lottery. Whats unfair is the tax system and an ever reaching Gov for the peoples money. The focus of this article is Romney but all dems are even guilty of saving their own money.I need freedom not other peoples money.

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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    Quote Originally Posted by fxstc07 View Post
    Read more about what you can't seem to understand.




    HowStuffWorks "Tax Shelter Abuse"

    Romney continues to just insult hard working people, that pay more then their fair share of taxes, with his wealthy elitist attitude.
    Enjoy the cruise fellas
    yeah, when you say tax cheats Charley Rangel the grandaddy of all tax cheats comes to mind and he was just re-elected. Smile about it Charley

    Tim be a good American & pay your taxes. Now put the bag down and step away.

  7. #7
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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    Quote Originally Posted by strapdrager View Post
    What a bunch of crap. Anyone one with common sense will do what ever to protect their money including everyone one this board if they won the lottery.
    You have a better chance of getting hit by lighting then winning the lottery.
    Taxes you'll pay, even after your dead. But the rich don't worry, they have special exemptions to paying their fair share.

    Whats unfair is the tax system and an ever reaching Gov for the peoples money.
    Yes, that was my point.

    The focus of this article is Romney but all dems are even guilty of saving their own money.I need freedom not other peoples money.
    You have freedom and if you think you don't, then check out other countries that tax their citizens.
    Taxes are a fact of our lives.
    At least all American citizens should shoulder the same amount of burden on taxes and not have special laws, loopholes, tax havens or offshore bank accounts for a way to avoid paying taxes on their unseen wealth.
    Things average people could and never will have, yet joe average pays all his taxes.

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    Default Re: Romney Party Yacht Flies Cayman Islands Flag

    Quote Originally Posted by bean View Post
    Enjoy the cruise fellas
    yeah, when you say tax cheats Charley Rangel the grandaddy of all tax cheats comes to mind and he was just re-elected. Smile about it Charley

    Tim be a good American & pay your taxes. Now put the bag down and step away.
    Should I go on to list all the republican tax cheats ?
    Why bother, the wealthy elitists you want to protect might be on that list.
    Except they don't really cheat, they just hide their income in Swiss bank accounts, set up funds in the Cayman Islands or legally divert money to avoid actually showing income.
    But it's all legal, only thing is, you or I can't do it.
    Keep donating to Romney.
    He needs your money.

 

 

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