I don't usually watch much of either, but I try to watch the highlights. The comments on 'you don't create American jobs with money in the Cayman Islands or Switzerland' was a great line. You'd have thought Romney, considering his presidential aspirations would never have done that. Legal doesn't always smell good. Lots of the rich use the Cayman's due to tax neutrality. It has always struck me as a hypocrite's class act that when money made here is deposited there. I love America but my money loves the mountains of Europe. But even regular Americans don't buy American, nor support a fair wage, so I guess what good for the goose [rich] is good for the gander [wannabes].
"The Cayman Islands is renowned as a leading offshore jurisdiction with a tax neutral environment. It has a solid political, legal and fiscal environment with a stable parliamentary democracy since 1831. There are no income, capital gains or other taxes imposed by the Cayman Islands on vessel owning companies. With the Privy Council in England being the ultimate court of appeal, the CISR operates within a stable British based legal system which is a compelling reason to choose the CISR for the registration of vessels and any associated loan financing and security. The Cayman Islands internationally renowned financial services industry also gives owners access to a full range of services including banking facilities, provision of Cayman Islands directorship services as well as sophisticated structures such as limited partnerships for ownership purposes." Cayman Financial Review :: Ten reasons to flag your vessel in the Cayman Islands
"The Cayman Islands is renowned as a leading offshore jurisdiction with a tax neutral environment. It has a solid political, legal and fiscal environment with a stable parliamentary democracy since 1831. There are no income, capital gains or other taxes imposed by the Cayman Islands on vessel owning companies. With the Privy Council in England being the ultimate court of appeal, the CISR operates within a stable British based legal system which is a compelling reason to choose the CISR for the registration of vessels and any associated loan financing and security. The Cayman Islands internationally renowned financial services industry also gives owners access to a full range of services including banking facilities, provision of Cayman Islands directorship services as well as sophisticated structures such as limited partnerships for ownership purposes." Cayman Financial Review :: Ten reasons to flag your vessel in the Cayman Islands
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