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rainbow4321 Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-08-08 12:41 PM
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Clintons' offshore accounts?



http://wonkette.com/politics/offshore-investments/not-j...


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 Clintons involvement is not entirely clear and the Clintons and Burkles people have refused to be more specific about whether Clintons 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 doesnt 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-bi...


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...






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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-08-08 12:46 PM
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1. All the better to launder the money through.
Their money gets dirtier and dirtier. Let's truly vet her.
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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-08-08 12:49 PM
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2. they've got hidden money and they still wont release their tax returns
I would have thought that they would have hidden their ill gotten gains better than that, but oh well, guess not
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tekisui Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-08-08 01:04 PM
Response to Reply #2
3. There must be a lot of ill-gotten gains.
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NightWatcher Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-08-08 01:11 PM
Response to Reply #3
4. cough cough Marc cough Rich cough pardons cough cogh
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Vinca Donating Member (1000+ posts) Send PM | Profile | Ignore Sat Mar-08-08 01:16 PM
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5. This is why the tax returns are so important.
Apparently while Hillary was on the Senate floor talking about closing tax loopholes for the wealthy, Bill was taking advantage of them. Not a crime, to be sure, but unseemly. The little people voting for Hillary are picking up the tax bill for the wealthy few - including the Clintons.
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