Reply #13: I agree that is arcane. I really think the other issue he raised

[karynnj]

which was that the Congress passed a huge tax cut for companies "re-patriating" their profits should be something that should anger people. I know Kerry did speak of the off shore companies and how they avoid taxation last year (and I think he's been against it almost as long as he's been in the Senate. But, as things get worse and money is scarcer and the deficit is higher, it would seem that this is really unfair.

He spoke of the huge number of companies all "headquartered" in one relatively small building in the Cayman Islands. All thsy had to do was declare a po box their headquarters. What is to stop all companies large enough to gain enough in tax savings to pay for a lawyer to set this up from doing it? It penalizes companies that play be the rules.