Detailed text transcripts for TV channel - FOXNEWS - 20170119:16:23:00
Income, okay. so there was no benefit to me from the cayman entity, as i said. the cayman entity was set up to accommodate nonprofit and pension funds that want to invest through offshore in a certain number of offshore -- >> so you help others avoid paying taxes. >> again, i'm not going to make a comic, they didn't avoid, they followed the law. because i have experience as a hedge fund manager, i am committed to tax simplification. i think it makes no sense that we would encourage hedge fund managers to set up entities in the cayman islands or anywhere else, where as you pointed out, i didn't...