Sunday, April 13, 2008
Andrea Seabrook talks to Frank Cummings, head of the Financial Crimes Research Center about people who avoid paying taxes by using off-shore tax shelters. Funny, how just today on Bob McChesney's Media Matters I heard Joseph Stieglitz talking about how Halliburton uses tax shelters in the Cayman Islands to cheat us out of paying into Medicare and Social Security (so they can beef up their profits). Not only is this happening, it has a nice, long (and ugly) history. So surely Seabrook brings up this unsavory tax-cheating and war profiteering by a company that has connections to the Vice President? Not a chance. Seabrook is off into the usual giggling inanity as she asks her guest how she would shelter her millions if she were to win the Powerball Lottery. Now that is some kind of journalism.