Who's Sorry Now?
The idiot Swift-Boaters should be ashamed of themselves. Not for being rich...that's the American way.
No, they should be ashamed of themselves and profer an apology because of their evasion of taxes. If they LOVE this country so much, they should be willing to pay their fair share, just like the rest of us. A little karma for dirty deeds, hmmmmmm? Penisto Review here
The Wyly brothers (as in Wiley Coyote) are finally being investigated for their byzantine finances. The guys who funded the smear campaign on John McCain that led to Bush’s primary victory in 2000, and more recently, the Swiftboat Veterans for Truth, are in trouble for evading taxes.
The Wylys represent the ultra-rich of Dallas.
They started, bought and built several successful businesses including Earth Resources, Sterling Software, Michaels Stores, the Bonanza restaurant chain and electricity supplier Green Mountain Energy…
Sam [Wyly] says they decided to pay for the attack ads because, ultimately, they back their friends.
A report released this month by the Senate’s Permanent Subcommittee on Investigations alleged that the Wylys established the offshore trusts in the Irish Sea’s Isle of Man, a commonly used tax haven, to get around their U.S. tax obligations…
Senate investigators allege that the Wylys used the offshore trusts to buy $30 million worth of artwork, jewelry, furniture and other items for their personal use. Among the purchases: a $937,500 portrait of Ben Franklin; a $13,000 French bronze chandelier; $721,000 in official documents from Abraham Lincoln’s presidency; and a $759,000 emerald necklace.
Sen. Carl Levin, the Michigan Democrat who launched the investigation, said the Wylys “participated in a 13-year scam and scheme to circumvent U.S. tax, securities and anti-money laundering requirements.”
With the brothers in so many powerful back pockets, it’s surprising they needed to resort to all this.
The Wylys represent the ultra-rich of Dallas.
They started, bought and built several successful businesses including Earth Resources, Sterling Software, Michaels Stores, the Bonanza restaurant chain and electricity supplier Green Mountain Energy…
Sam [Wyly] says they decided to pay for the attack ads because, ultimately, they back their friends.
A report released this month by the Senate’s Permanent Subcommittee on Investigations alleged that the Wylys established the offshore trusts in the Irish Sea’s Isle of Man, a commonly used tax haven, to get around their U.S. tax obligations…
Senate investigators allege that the Wylys used the offshore trusts to buy $30 million worth of artwork, jewelry, furniture and other items for their personal use. Among the purchases: a $937,500 portrait of Ben Franklin; a $13,000 French bronze chandelier; $721,000 in official documents from Abraham Lincoln’s presidency; and a $759,000 emerald necklace.
Sen. Carl Levin, the Michigan Democrat who launched the investigation, said the Wylys “participated in a 13-year scam and scheme to circumvent U.S. tax, securities and anti-money laundering requirements.”
With the brothers in so many powerful back pockets, it’s surprising they needed to resort to all this.
