POLITICS
10/05/2012 10:20 am ET

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

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 States needs to slash tax rates below those of other countries in order to make this country "a haven for capital formation." But in previously unreported comments, from an interview with American Business Magazine in August 2011, Ryan went even further on the same topic, saying, "let's make this country a tax shelter for other countries instead of having other countries be a tax shelter for America."

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