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October 22, 2015

Well Well Well: Clinton Library Funded By Offshore Tax Haven

Of course.

Mike Flynn:

Hillary Clinton is repeating the Democrat trope about "offshore tax havens" that immorally divert profits from workers and the taxman. Closing these is a central plank of her promised agenda as President, she explains in an op-ed laying out her economic agenda.

Setting aside the economic merits of her plan, the proposal is a little rich coming from Hillary Clinton.

Just ten years ago, when she and Bill were building the Clinton Presidential Library, they received a critical short-term loan from a supporter's "offshore tax haven." Like most everything else with the Clinton family, the rules and policies they promote are for other people....

When the Clinton Library opened in 2004, it obtained a $10 million loan from Titanium Acquisition Corporation, a Delaware-based company owned by Haim Sabin, a Democrat media mogul and close friend of the Clintons....

A subsequent federal investigation found that Titanium was created by Sabin, and his tax lawyers and accountants, to avoid taxes on his sale of Fox Family Channel to Disney. Sabin earned $1.7 billion from the sale of the channel.

You have a number of questions, but the answer to each is the same: Shut up, Peasant.



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posted by Ace at 02:22 PM

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