Island tax havens factor into Romney's business success
Offshore dealings like those of the Republican presidential candidate trouble many, but they're legal.
By Bob Drogin, Los Angeles Times Staff Writer
December 17, 2007
The fact that businesses benefit by moving their headquarters to a mailbox in the Cayman Islands is telltale that we need to eliminate corporate tax.
This fix is built in to the FairTax as it eliminates the income tax both for individuals and businesses. This is a great reason why we need to implement the FairTax. It is business friendly as well as good for the people.
See the FairTax