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Cayman Islands Tax Haven

Jack Lew, Citigroup and the Ugland Truth

Michael Winship | Posted 05.09.2013 | Politics
Michael Winship

Jack Lew is, by all accounts, a decent guy and dedicated public servant, but like so many of our recent treasury secretaries is so deeply immersed in the old boy nexus of Wall Street and government as to have little comprehension of how, in the midst of a soaring Dow Jones, so many millions struggle to make ends meet.

WATCH: Paul Ryan Argues For Making America 'A Tax Shelter'

Posted 10.05.2012 | Politics

In an interview with American Business Magazine last year, Paul Ryan makes an argument for making America "a tax shelter, instead of other countries."...

Paul Ryan: 'Let's Make This Country A Tax Shelter'

Mother Jones | Nick Baumann and Brett Brownell | Posted 10.05.2012 | Politics

In 2010, Rep. Paul Ryan (R-Wis.), now Mitt Romney's running mate, called the Cayman Islands "the place you hide your money," arguing that the United S...

The Cayman Islands Isn't The Perfect Tax Haven Anymore

The Huffington Post | Bonnie Kavoussi | Posted 07.27.2012 | Business

The Cayman Islands may get an income tax soon, but the rich need not worry. In an effort to balance its budget, the Cayman Islands has proposed its...

How Tax Havens Helped Create The Financial Crisis

Financial Times | Posted 05.25.2011 | Business

Banks employ large teams of highly paid people to devise transactions mainly for the purpose of avoiding tax. These activities seem to be far more pro...