Lucks Borg News Today

And the amnesty is a little bit misleading. because the amnesty still required everybody to pay 20% at that time on the first amnesty program of the highest value of their account. so although the amnesty was from criminal prosecution, there was a fairly heavy tax burden on the highest value of the account. but you would not see that in his 2009 actual filing. the f-bars were not part of the tax return. >> and what reasons are there, steven, to put money in the cayman islands other than, as paul...

Islands, hes created a different trust there to protect it from possibility liability but all the income gets reported whether its in the cayman islands or in lucks borg or on 47th street. >> how much control does the blind trust have that delivers this to romney every year. how much control do they have over how much income gets delivered? >> a great deal. a curious thing, remember the draft we saw of the 2011 return, it showed $7 million more income than ultimately showed up on the filed 2011 ...