Quote:
Originally Posted by goof2
So you think Romney should be required to pay American taxes on money he has made from offshore investments that has never touched America?
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When most Americans invest overseas, they are doing it by buying shares through US brokerages. Thus, their tax info is collected, and they pay taxes on those dividends & gains. Take me, I own shares of Vodafone, a British company. I also own shares of an ETF whose stocks are all Vietnamese. Yet I have to pay US taxes on any earnings or sale.
If someone like Romney is getting around that by using a Cayman or Swiss account to buy those shares, then that's BS imo.