May 18, 2015

ALL COMEDY IS CONSERVATIVE:

Potty-mouthed Alan Grayson and his offshore investments (Adam C. Smith, May 13, 2015, Tampa Bay Times)

U.S. Rep. Alan Grayson, the outspoken, populist Democrat who thunders against Wall Street fat cats,and used to to joke about Mitt Romney's low tax bill, incorporated a couple hedge funds in the Cayman Islands so investors could avoid taxes.

Grayson Fund Ltd. and Grayson Master Fund were incorporated in 2011 in the Cayman Islands, a well known tax Haven that Romney used as well, records show.. That was the same year he wrote in the Huffington Post that the IRS should audit every Fortune 500 company because so many appear to be "evading taxes through transfer pricing and offshore tax havens."

Of course, the question here is why anyone would tax investment.

Posted by at May 18, 2015 1:18 PM
  

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