tag:blogger.com,1999:blog-9208928.post6649088912681431447..comments2024-03-28T09:09:30.998-04:00Comments on Start Making Sense: It's not actually about the Swiss bank accountDaniel Shavirohttp://www.blogger.com/profile/14710628584922961682noreply@blogger.comBlogger5125tag:blogger.com,1999:blog-9208928.post-25159485262176576872013-03-16T10:21:29.157-04:002013-03-16T10:21:29.157-04:00I really like the dear information you offer in yo...I really like the dear information you offer in your articles. I'm able to bookmark your site and show the kids check out up here generally. Im fairly positive theyre likely to be informed a great deal of new stuff here than anyone else! <a href="http://www.onlinereputationsinc.com/" rel="nofollow">reputation management company</a><br /><br />Claudio Timberhttps://www.blogger.com/profile/00880066121135513407noreply@blogger.comtag:blogger.com,1999:blog-9208928.post-64308113571355759732012-07-12T14:27:50.832-04:002012-07-12T14:27:50.832-04:00Also, speaking of Son of BOSS:
http://www.bloombe...Also, speaking of Son of BOSS:<br /><br />http://www.bloomberg.com/news/2012-02-22/romney-as-auditing-chairman-saw-marriott-son-of-boss-tax-shelter-defy-irs.htmlshanlonhttps://www.blogger.com/profile/16833460050725316546noreply@blogger.comtag:blogger.com,1999:blog-9208928.post-23648401955346809242012-07-11T15:09:33.567-04:002012-07-11T15:09:33.567-04:00Perhaps it was for asset protection purposes. Som...Perhaps it was for asset protection purposes. Someone who spent years involved in aggressive business dealings might fear shareholder lawsuits. If that fear was a reason for the overseas investments, then it's understandable that it's not something a presidential candidate would want to admit.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-9208928.post-18719665771377527632012-07-11T14:13:03.543-04:002012-07-11T14:13:03.543-04:00I am skeptical that the spokesman's comment is...I am skeptical that the spokesman's comment is entirely true, in particular for the IRA borrowing point that you note. But it may be the case that all of Romney's non-tax-exempt overseas holdings are in PFICs, and thus that he is paying current U.S. tax on his investment portfolio, which would make the statement true to a degree.<br /><br />In terms of the other motivations, I am a bit stumped as well. Diversification is good, but that's why not people put money, say, in the Caymans.Daniel Shavirohttps://www.blogger.com/profile/14710628584922961682noreply@blogger.comtag:blogger.com,1999:blog-9208928.post-71277047647825058562012-07-11T14:00:49.822-04:002012-07-11T14:00:49.822-04:00Romney's spokesman says that Romney "hasn...Romney's spokesman says that Romney "hasn't paid a penny less in taxes by virtue of where these funds are domiciled. His liability is exactly the same as if he held the fund investments directly in the U.S."<br /><br />If that's true, which I doubt for the IRA, then what other purpose would Romney have for holding his investments overseas? I'm stumped in trying to figure it out.Anonymousnoreply@blogger.com