Cayman Islands Quotes

When Mitt Romney says he wants to reform the tax code, hold on to your wallets. We know Mitt Romney never met a tax haven he didn't like. But his new favorite tax haven is actually not the Cayman Islands - its Paul Ryan's budget.

I grew up in the Cayman Islands. I didn't play video games or watch TV. I would basically come home from school, throw down my backpack, grab my machete, and go hike and chop down trees to make a fort.

Corporations are not going to stash their money in the Cayman Islands. We are going to reinvest in America, create jobs, make education available to all.

We need real tax reform which makes the rich and profitable corporations begin to pay their fair share of taxes. We need a tax system which is fair and progressive. Children should not go hungry in this country while profitable corporations and the wealthy avoid their tax responsibilities by stashing their money in the Cayman Islands.

Do away with the corporate loopholes that allow major profitable corporations to stash their money in the Cayman Islands and not pay a nickel in some cases in federal income taxes.

Now all of the ideas that I'm talking about, they are not radical ideas. Making public colleges and universities tuition free, that exists in countries all over the world, used to exist in the United States. Rebuilding our crumbling infrastructure, and creating 13 million jobs by doing away with tax loopholes that large corporations now enjoy by putting their money into the Cayman Islands and other tax havens. That is not a radical idea.

When Mitt Romney says he wants to reform the tax code, hold on to your wallets.

I talk to nurses and programmers, salespeople and firefighters - people who bust their tails every day. Not one of them - not one - stashes their money in the Cayman Islands to avoid paying their fair share of taxes.

In the meantime the big corporations are fleeing America for tax havens and places like Ireland, Luxembourg and the Grand Cayman Islands; the rich are finding more tax loopholes to expect; so when are the people going to basically roll up their sleeves and say, we've had enough, we're going to recapture Congress.

When I talked about Boeing and I talked about General Electric, what I was referring to is an outrage... Right now you have a loophole such that these guys are putting their profits, multi-billion dollar profitable corporations putting billions of dollars into the Cayman Islands, Bermuda, and other tax havens.

I think it's time we had a President who will provide the only real economic security: good jobs. A President who will provide middle class payroll tax relief to get money in the pockets of workers who will spend it, not more tax giveaways for those at the top to stimulate the economy in the Cayman Islands and Bermuda. A President who will index the minimum wage to inflation and raise it from a 30 year low, not increase the tax burden on the middle class and those struggling to join it.

The Cayman Islands, a British Crown colony in the Caribbean, for instance, is the fifth largest banking center in the world.

We're not going to beat Barack Obama with some guy who has Swiss bank accounts, Cayman Island accounts, owns shares of Goldman Sachs while it forecloses on Florida and is himself a stockholder in Fannie Mae and Freddie Mac while he tries to think the rest of us are too stupid to put the dots together to understand what this is all about.... People matter more than Wall Street.

Maybe 23 cents doesn't sound like a lot to someone with a Swiss bank account, Cayman Island Investments and an IRA worth tens of millions of dollars. But Governor Romney, when we lose 23 cents every hour, every day, every paycheck, every job, over our entire lives, what we lose can't just be measured in dollars.

National law has no place in cyberlaw. Where is cyberspace? If you don't like banking laws in the United States, set up your machine on the Grand Cayman Islands. Don't like the copyright laws in the United States? Set up your machine in China. Cyberlaw is global law, which is not going to be easy to handle, since we seemingly cannot even agree on world trade of automobile parts.

That's where the economy is going. It went somewhere. Just not to America. And the money made? That went to the Cayman Islands and Switzerland. Not back here. Never to be taxed.

Twenty-three cents may not sound like a lot to someone with a Swiss bank account.

Now, for Romney to believe that somebody's grandmother is going to be so cut off she is going to self deport... He certainly shows no concern for the humanity of people who are already here... I think you have to live in worlds of Swiss bank accounts and Cayman Island accounts and automatic $20 million a year income with no work to have some fantasy this far from reality.