john kerry, hypocrite:
“I’ve been at this issue a long time. When I first came to the Senate, I investigated an illegal bank and the murky network that
allows powerful people to hide assets abroad and evade our tax laws. It repulsed me that while the average American plays by the rules and pays taxes, some of the biggest corporations avoid paying their fair share. You can even pick up a business magazine and find advertisements for offshore tax havens,” said Sen. Kerry. “Today’s vote is a long overdue and essential step to mitigate this boldface abuse of the American tax code. The HIRE Act can help prevent another UBS scandal but we’ve got more to do in order to fix a broken system.”
In 2009, Kerry and Baucus introduced legislation to close the loophole that
allows for offshore tax havens to help taxpayers shirk paying their fair share. President Obama included several international tax reforms as part of his 2010 budget proposal which reflected Senator Kerry's efforts.
so, it's wrong to hide things abroad...but perfectly okee-dokee to hide them in another state. what a guy, the richest man in the senate. the RICHEST man in the senate. he's loooooooaded as ron white would say, but has no compunction at all about this act. and why is the yacht actually listed as being owned by an llc, not kerry? a way to attempt to keep his name out of the press? ooops, that worked well.