You know things are bad when the leading contenders for President in both political parties use the same phony Delaware address as Walmart, Coca Cola, American Airlines & Apple to avoid paying taxes.
Both Hillary Clinton and Donald Trump own companies registered at 1209 North Orange Street, Wilmington, DE in a two-story building known aptly as the Corporation Trust Center. More than 285,000 companies use this very same address to avoid taxes, making it the most densely populated mailing address on earth.
Clinton launched her firm in 2013, shortly after stepping down as Secretary of State. Through ZFS Holdings LLC she collected more than $16 million in speaking fees and book royalties in 2014. Bill Clinton set up WJC LLC in 2008 at the same address to gain tax advantages on his consulting fees.
Of the 515 companies Donald Trump owns and has listed on his official Federal Election Commission filing, 378 are registered in tax haven Delaware. Several of these companies share the Orange Street office with the Clinton fronts, including Trump International Management Corp. and Hudson Waterfront Associates.
A report by the Institute on Taxation & Economic Policy titled, Delaware: An Onshore Tax Haven, states that Delaware’s sleazy tax code has made it, “a magnet for people looking to create anonymous shell companies, which individuals and corporations can use to evade an inestimable amount in federal and foreign taxes”.
Can anyone with a conscience vote for either of these scumbags?
(Much information in this article comes from Rupert Neate of The Guardian, with news tip from Darrell Geist)
Dean Henderson is the author of five books:Big Oil & Their Bankers in the Persian Gulf: Four Horsemen, Eight Families & Their Global Intelligence, Narcotics & Terror Network, The Grateful Unrich: Revolution in 50 Countries, Das Kartell der Federal Reserve,Stickin’ it to the Matrix & The Federal Reserve Cartel. You can subscribe free to his weekly Left Hookcolumn @www.hendersonlefthook.wordpress.com