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Tag: British Virgin Islands

  • Lalitha Devi Bandasura Home Sunken Beneath Caribbean Google Maps

    Lalitha Devi Bandasura Home Sunken Beneath Caribbean Google Maps

     

    One of the intriguing aspects of Sanatana Dharma, Hinduism is the places mentioned in them, in the Puranas, Ithihasas,Ramayana and Mahabharata seem to be both allegorical and real(which is verified)

    Mount Meru,Chandra Loka, Dhruva( Pole Star)Agastya ( Canopus Star),Sisumara Chakra,Pancha Kosas,the Five sheaths of Human body)……….

    All these have physical existence

    Please read my Posts on each of these.

    I had a call from a Gentleman from Houston ,Texas,US,who informed me that he had seen images of the Deavatas mentioned in our Texts, when he was cruising in the Caribbean.

    To be more specific around Puerto Rico, Cuba.

    Images flashed by as he was cruising and he felt charged for an instance.

    To the doubting Thomases , let me add that he is a very practical man and is a contractor erecting satellites.

    In a conversation lasting an hour, I was able to see a keen and observant individual with an open mind.

    He did not wish his name to be mentioned.

    He had an interpretation of this phenomena, which he had suggested I do not Publish.

    However I am posting this with my interpretation, with the limited knowledge  I have of Sanatana Dharma Texts.

    1.Co Ordinates. 18°46’40.1″N 67°26’07.4″W.

    Click the Teardrop mark in the Map

    18.789059, -67.434176.

    You will find  ‘No Information available”!

    Here is the Google Map for these co ordinates.

     

     

     

    1.Please go to the Google Map Link in a new window.

    2.Open Satelitte view

    3.On to your Right just above the ter drop icon,notice a monstrous Face.

    And another next to it in Profile as though it is kissing it!

    In both the images Ears Eyes and Noses are visible.

    Now Use the Rotate Icon.

    Rotate clock wise once.

    You see a lot of Figures, appear  to be Human Monstrosities!

    Among these you find a Bedecked Horse!

     

    Now to Puerto Rico.

     

    1.Please go to the Google Map Link in a new window.

    2.Open Satelitte view

    3.In the Map,look for the beginning of a Great Wall starting from beneath Fajardo.

    4.It extends to and beyond the British Virgin Islands.

    5.The Wall seems to be a folded mountain Chain.

    6.Zoom the view at your top right hand corner of the wall ending at British islands.

    7.Below Rooselt Roads you find a Fold one finds in the outer wall of a Palace.

     

    Three refernces come to my mind.

    One is the Moola Sainya of Ravana.

    Another is the place where badasuara was killed b Lalitha Devi.

    Yet another is the Chitamani Gruha of Lalitha Devi!

    There are ancient Vishnu , Shiva temples in Colorado.

    And the US is the Pathala Loka of Hinduism.

    Am looking for more evidence.

    ‘

    After the annihilation of Bhandasura, Trimurtis called upon the cosmic architect Viswakarmaand the architect of demons Maya, and instructed them
    to construct 16 palaces in 16 kshetras (sacred places) for the residence of Lalita &Shiva KameswaMeruand other gigantic mountains (9) Jalasamudraand
    other oceans (7) –total 16Kshetras.
    The palatial buildings of mother goddess in these kshetras are called Sripura.
    360. Wherever a Sripura is located , its dimensions are like this.
    A.)Mount Meru has 4 peaks,
    One on the eastern side, one on north-west, one on the south-west,
    Each is 100 yojanas tall and 100 yojanas wide these are trimurti worlds,
    .
    In the center of these is the fourth, which is 400 yojanas tall and 400 yojanas wide.
    B.) Sripura is on the Middle peak
    Sripura has metallic compound walls 7 in number they are square-shaped. Eachwall is separated from the next one by one a distance of 7 yojanas.
    1.
    Kalayasa (iron)wall – The perimeter of this wall is 16 thousand yojanas.
    2.
    Kansya (bronze)wall—Between these two is the first chamber. Several trees and gardens are located here.
    Mahakali and Mahakala are the gate keepers.
    Kalachakra is their throne.
    ‘Images of Ganesha have been excavated in plenty in Mexico. This god with the elephant’s trunk is frequently depicted in Mexican manuscripts . Lord Ganesha ‘Ekadant Ganesh’ was found in the temple at Kopan .

     

    The image of Hanuman called by the name ‘Wilka Huemana’ and measuring 50 feet in height and 12 feet in breadth was found in Guatemala. Similar one was found during an excavation of an Aztec temple in Mexico City and was known as ‘Euhectal’, a wind God, a monkey God.

     

    In the jungles of Honduras idols sit in Hindu mudra meditation pose .

    The Hindu doctrine of the ages is found on a massive stone monolith popularly known as the Aztec calendar. This amazing piece of stone disc is 12 feet in diameter and weights more than 20 tons.

     

    A festival called Sita-Ram (Situa – Raimi) was celebrated in Mexico during Nav-Ratri or Dussehra period which has been described on page 5867 in the book ‘Hamsworth History of the World’.  ( read my post0

    Both in Central and South America, there are found Sati cremation, priesthood, gurukul system, yajna, birth, marriage and death ceremonies to some extent similar to the Hindus. When Pizarro killed Peruvian King Atahualpa his 4 wives committed Sati—or self sacrifice.

    Same with Hindu concepts of cataclysm, rebirth, four yugas and the concept of two planets like Rahu and Ketu causing solar eclipse

    AZTEC OF MEXICO is derived from “worshipper of Ashtabhuja or Ashtak ( 8 armed ) ” , the eight armed God- found in Mexican temples.

    https://ramanisblog.in/2015/03/31/asthabuhjaeight-armed-devi-worshiped-in-mexico/

    https://ramanisblog.in/2014/10/26/lalita-devi-tripura-dimensions-description/

    • The information found in the Map is likely o be blocked as geographical anaomalies are blocked by Google.
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  • Secret Files Expose Offshore Funds ICIJ Story.

    International Consortium of Investigative Journalists (ICIJ) was founded in 1997.

    Its mission is to expose the polluting industries, transnational crime networks, rogue states, and the actions of powerful figures in business and government.

    For details Link is provided at the end of the post.

    Most of us know that ill-gotten wealth by all and sundry, which includes lawyers, Doctors, Business houses and of course Politicians.

    Thanks to a series of mind-boggling scams in India, like 2G,ISRO, CWG,Maharashtra Irrigation,Helicopter and the forerunner Bofors, even a barely literate person knows that the money is being kept in Swiss Banks and that these banks are very secretive about disclosing the identities of their Customers.

    What many may not know is the fact that there are countries which house these Funds under greater secrecy than the Swiss Banks.

    A map of key “tax haven clients” around the world, including the daughter of Ferdinand Marcos and top Spanish art collector Carmen Thyssen-Bornemisza.
    A map of key “tax haven clients” around the world, including the daughter of Ferdinand Marcos and top Spanish art collector Carmen Thyssen-Bornemisza.

    A List.

    • Bahamas
    • Cyprus
    • Liechtenstein
    • Luxembourg
    • Monaco
    • Panama
    • San Marino
    • Seychelles

    Non-sovereign jurisdictions commonly labelled as tax havens include:

    • Campione d’Italia, Italy
    • Jebel Ali Free Zone, United Arab Emirates
    • Labuan, Malaysia
    • Curaçao (Netherlands)
    • Bermuda
    • British Virgin Islands
    • Cayman Islands
    • Jersey
    • Guernsey
    • Isle of Man
    • Turks and Caicos Islands
    • Alaska, United States
    • Delaware, United States
    • Florida, United States
    • Nevada, United States
    • Texas, United States
    • South Dakota, United States
    • United States Virgin Islands (United States)
    • Wyoming, United States
    • Washington, United States
    • Note that the US is included in the Tax havens list

    The funds are held in an Offshore Trust in these tax-havens.

    The Company address will be a ramshackle building, it may house many such Companies(Trusts)

    Detailed blog on how an offshore fund is created and operated follows.

    Look at the Office of offshore Company holding Millions of Dollars.

    Thousands of offshore entities are headquartered on this building's third floor, which houses TrustNet's Cook Islands office. Photo: Alex Shprintsen
    Thousands of offshore entities are headquartered on this building’s third floor, which houses TrustNet’s Cook Islands office. Photo: Alex Shprintsen

    ICIJ obtained secret files from these banks, Countries, Trusts.

    The statistical highlights of the size of the Documents.

    2.5 Million Files.

    1,20,000 Offshore Companies.

    170 Countries.

    In gigabytes, more than 160 times larger than the leak of U.S. State Department documents by Wikileaks in 2010..

    86 Journalists from 46 Countries were involved in ferreting out the details.

    #0 Years records  unearthed.

    Document Highlights.

    • Government officials and their families and associates in Azerbaijan, Russia, Canada, Pakistan, the Philippines, Thailand, Mongolia and other countries have embraced the use of covert companies and bank accounts.
    • The mega-rich use complex offshore structures to own mansions, yachts, art masterpieces and other assets, gaining tax advantages and anonymity not available to average people.
    • Many of the world’s top’s banks – including UBS, Clariden and Deutsche Bank – have aggressively worked to provide their customers with secrecy-cloaked companies in the British Virgin Islands and other offshore hideaways.
    • A well-paid industry of accountants, middlemen and other operatives has helped offshore patrons shroud their identities and business interests, providing shelter in many cases to money laundering or other misconduct.
    • Ponzi schemers and other large-scale fraudsters routinely use offshore havens to pull off their shell games and move their ill-gotten gains.

     

    Who are exposed?

    • Individuals and companies linked to Russia’s Magnitsky Affair, a tax fraud scandal that has strained U.S.-Russia relations and led to a ban on Americans adopting Russian orphans.
    • A Venezuelan deal maker accused of using offshore entities to bankroll a U.S.-based Ponzi scheme and funneling millions of dollars in bribes to a Venezuelan government official.
    • A corporate mogul who won billions of dollars in contracts amid Azerbaijani President Ilham Aliyev’s massive construction boom even as he served as a director of secrecy-shrouded offshore companies owned by the president’s daughters.
    • Indonesian billionaires with ties to the late dictator Suharto, who enriched a circle of elites during his decades in power.

     

    Tony Merchant, one of Canada’s top class-action lawyers, took extra steps to maintain the privacy of aCook Islands trust that he’d stocked with more than $1 million in 1998, the documents show.

    In a filing to Canadian tax authorities, Merchant checked “no” when asked if he had foreign assets of more than $100,000 in 1999, court records show.

    Between 2002 and 2009, he often paid his fees to maintain the trust by sending thousands of dollars in cash and traveler’s checks stuffed into envelopes rather than using easier-to-trace bank checks or wire transfers, according to documents from the offshore services firm that oversaw the trust for him.

    One file note warned the firm’s staffers that Merchant would “have a st[r]oke” if they tried to communicate with him by fax.

    Tony Merchant.

    It is unclear whether his wife, Pana Merchant, a Canadian senator, declared her personal interest in the trust on annual financial disclosure forms.

    Under legislative rules, she had to disclose every year to the Senate’s ethics commissioner that she was a beneficiary of the trust, but the information was confidential.

    The Merchants declined requests for comment.

    Other high profile names identified in the offshore data include the wife of Russia’s deputy prime minister, Igor Shuvalov, and two top executives with Gazprom, the Russian government-owned corporate behemoth that is the world’s largest extractor of natural gas.

    Shuvalov’s wife and the Gazprom officials had stakes in BVI companies, documents show. All three declined comment.

    In a neighboring land, the deputy speaker of Mongolia’s Parliament said he was considering resigning from office after ICIJ questioned him about records showing he has an offshore company and a secret Swiss bank account…

     

    Source: ICIJ

    http://www.icij.org/offshore/secret-files-expose-offshores-global-impact

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  • Tax Havens- All about laundering Black Money.

     

     

    Politicians form a class of their own.

    Through out the world they are united in stashing laundering money along with crooked businessmen.

    Unless ordinary Joe revolts this can not be stopped.

     

    Tax Haven, Investment Haven, Asset Protection Haven.  What does it mean?
    Exactly what is meant by the term ‘tax haven’? A Tax Haven is geographical area (nation, city, state, or zone, usually known by the term, “jurisdiction“) that levies a lower rate of taxation than average when compared to other nations and jurisdictions. Some jurisdictions levy no taxes at all, and most levy no tax on ‘foreign earned income’, meaning income that is earned outside of their jurisdiction.
    To attain privacy [anonymity] as well as to attain a local ‘presence’ the most common practice is to use a paper interface by creating a corporation or IBC (International Business Corporation) in that jurisdiction. By forming a corporation in such a jurisdiction, we become liable to pay that jurisdiction the taxes levied against that corporation on profits earned by the corporation. If there are no taxes levied, then we operate our company at a distinct advantage to companies who must pay 30% – 40% rates of taxation.  Many individuals also move a large portion of their existing assets to a tax haven jurisdiction. It should go without saying that in setting up offshore it is essential to do things correctly. There are qualified offshore advisors which can provide legally correct financial structures for those thinking of moving offshore.
    Once our business and/or our assets are offshore, they can be so structured as to take good advantage of beneficial tax savings. They can also enjoy a greater degree of protection from monetary predators.  Anonymity is an important attribute of being offshore; not all jurisdiction provide total protection to their clients anonymity.
    Here are the rough overall criteria which more or less describe the basic advantages of a tax haven:

    • Some existing level of freedom from taxation
    • Banking, Corporation, & Transaction secrecy laws that protect both privacy and assets.
    • An absence of exchange controls and other governmental handicaps to doing business

     

    The No-tax Tax Haven
    Tax Havens fall into different categories. The simplest being the No-tax tax haven.  A no-tax tax haven is a country (or jurisdiction) that has no income, capital gain, or wealth taxes of any sort and in which there are facilities and legislation under which we can incorporate and/or form corporations, foundations, and trusts. This type of tax haven is a pure tax haven. The countries that fulfill this definition include; Anguilla, the Bahamas, Bahrain, Bermuda, the Cayman Islands, Cook Islands, Djibouti, Turks and Caicos, Vanuatu and perhaps a few more which we will discuss in subsequent articles.
    The governments of these countries most usually earn their revenue by charging fees on: documents of incorporation, the value of corporation shares, registration fees, and so forth.  We can operate a business from one of these countries without any income taxes on the money earned by our corporation; or by investments made into the stock market, banks, or the holding of income producing assets such as real estate or precious metals. There are some special considerations which must be observed, but for all intents and purposes the money we earn using a no-tax tax haven as our business base are tax-free.
    It is not necessary to live in one of these jurisdictions to make use of their beneficial tax structure. It is possible to live in one jurisdiction and have one’s corporate structure in another. In fact it may be preferable to separate corporate jurisdiction, business jurisdiction and resident jurisdiction.  A fuller explanation of this will be explained in a subsequent article. In the use of more than one jurisdiction it is probably prudent to maintain an office presence in a jurisdiction where one does not earn an income.

     

    Foreign Source Income Is Tax Free

    The No-tax-on-foreign-source-income Tax Havens
    Next, in degree of taxation levied, we have the No-tax-on-foreign-income tax-havens.  These countries (jurisdictions) do impose income taxes, both on individuals and corporations, but only on locally derived income. The countries that fulfill that definition include; Hong Kong, Liberia, Panama, Philippines, Venezuela, Shannon International Airport, Jersey, Belize, Guernsey, Isle of Man, Gibraltar, and a few others whose rules and regulations regarding income will be discussed in subsequent articles.
    The Low Taxation Tax Havens
    Some countries establish fixed rates of taxation.  These countries are called Low taxation tax-havens.  They generally tax a small amount on corporate income and have double-taxation agreements with many high-tax countries that when taken in combination and structured correctly work to reduce the overall degree of taxation. This is best for individuals who are not going to become permanent expatriates, but may some day want to return to their home country. The countries which more or less fulfill the Low Tax definition are Cyprus, the British Virgin Islands, Liechtenstein, Oman, Switzerland, Jersey, Guernsey, and other countries which we will be discussing in subsequent articles.
    Other Categories
    Then there are the special incentive privileges to off-shore companies and qualified holding companies that are given by tax havens such as Luxembourg, the Netherlands, the Netherlands Antilles, and Singapore.  Plus the international business company tax reductions given by Antigua, Barbados, Grenada, Belize and Jamaica.
    Which Tax Haven Is Right For You?

    Count Your Cards While the categories of Tax Havens give us a general indication of their types of taxation, the level of taxation is not a pure indication of their worth to us.  Panama has become one of the more popular Tax Havens because of its ease of entry, its use of the US Dollar, and its excellent banking system. However for the most part one cannot hold any currency in a Panamanian bank other than the US Dollar. There is one bank that does allow EURO accounts but they are not sophisticated in the handling of EURO accounts.  One cannot hold gold or other precious metals in a Panamanian bank. Banking secrecy is said to be guaranteed by the government of Panama, however there is also a guarantee that one cannot be extradited from Panama yet several people have recently been extradited from Panama under circumstances that were less than forthright.
    Big Brother Is Watching You While Panama still remains the haven of choice for the average person seeking to move offshore be aware that anyone using a US passport to open a bank account in Panama will have that fact reported to the US government. This has become true in many jurisdictions, and some jurisdictions will now no longer accept clients who hold US passports.  The US government is placing a great deal of pressure on offshore jurisdictions, and offshore banks that have correspondent banks inside the USA must comply with US government requirements or face the consequences.  There are still some nations that only require a residency card to open an account, and if one has residency in those nations one can open an account and maintain anonymity.
    Real Estate / Second Passports The purchase of offshore real estate remains the best placement for funds we wish to expatriate. However most of us cannot put all of our money into real estate, nor do we wish to. There are a number of shell game paper interface tricks that are used to hide the true owner of an IBC or Foundation, but the day of judgment arrives when we have to open a bank account, because as the signer on that account we have to present our passport. The only solution in these matters is to get a second passport.

     

    Fake Passports vs Real Passports We know of two South American nations where one can get an under the table passport. These passports are registered in the system, one can travel on them and for all intents and purposes they are real passports.  Your best hope with one of these passports is that you end up in a US prison and not a South American prison, because prison conditions in South America are horrendous.  Our advice; don’t even think of using a fake passport; life isn’t a James Bond movie, and you aren’t Double O Seven. The Dominica Passport is only $75,000 – if that fee is too much for you than go ahead and open an offshore bank account with your US passport because you don’t have enough money to set off any alarm bells in any case.
    Help! Where Can I Stash My Assets?
    Recommendations If you are not sophisticated in the world of offshore, and you feel like the fincancial crisis is about to collapse your finances we would recommend the Sovereign Society, which is a worldwide group of investment & privacy advisors that teamed up to provide safe advice about moving offshore, choosing the safest tax havens, best banks, and the most secure devices in which to protect your assets.  They have years of experience and a very good track record. We have some articles written by Sovereign Society members
    Move Overseas You only face consequence if you live in the USA, if you are moving offshore your concerns shouldn’t be too great. The US government is not going to expend the time and effort to track down everyone moving abroad because millions are doing so and most of their assets are not repatriable.  How are they going to confiscate your ranch in Argentina and move it back to the US?
    Bank in Austria Banking in Austria is considered safe for US passport holders, but they won’t take clients living in the USA. If you are a US passport holder living outside the USA an Austrian bank would be a preferred place to put your assets. Read our report on how to bank in Austria
    Quick Residency Two nations that are quick to provide residency are Belize and the Dominican Republic; in the Dominican Republic one can open a bank account with a residency card.  John Schroder has a program in the Dominican Republic; contact him about obtaining residency in the Dominican Republic –

     

    Offshore Service Providers Offshore service providers can find solutions. We are building up a list of offshore service providers whose services we can ascertain to be honest and reliable. Until we have that list in place please be circumspect in dealing with offshore service providers. Mention what you have read on this page, if they say that yes, that is true, however I can find solutions to these problems, then proceed with caution. If, on the other hand they say that what is written here is hyperbole, totally false, and that we don’t know what we’re talking about, then head for the door and find another offshore service provider. The defining characteristic of offshore investing is that much of it is uncontrolled, or loosely controlled by any government regulations. While that is its positive characteristic, it also why it is a sector full of crooks and flimflam artists. Caveat Emptor. Please proceed with caution.
    Offshore Banks We have a list of offshore banks. In most cases an offshore service provider is not required to open a bank account. Seek out a bank and make an inquiry. Find out their policy and ask about opening an account. If you wish to make investments via the bank you will have to ask if they provide investment services, do they hold precious metals, can you hold deposits in multiple currencies.  If you are a US passport holder be sure to ask what their policy is for US passport holders. If you reside in the USA keep in mind that the US government monitors all mail leaving the United States addressed to certain jurisdictions.

    Using A Tax Haven
    By opening a corporation in an offshore jurisdiction, the businessman and/or investor can recognize substantial tax savings as well as protection from frivolous lawsuit.  The structuring of such a program must be done correctly. Opening an offshore corporation is not difficult. In some cases it may be necessary to have an offshore office so that the offshore presence is actual rather than purely virtual, in other cases it is not necessary; this depends on the nature of the enterprise.  If we want to protect our savings and keep our assets in an offshore bank then an office is not necessary, if we are running a business we may want to have an office in that jurisdiction, either in the form of actual office, or as a virtual office where we receive mail, fax, and have an answering service for phone calls.  Today with Skype and other VoIP telephones it is easy to establish a virtual phone number in any number of jurisdiction which ring in other jurisdictions.
    Creating A Virtual Presence
    We can now have a US dial tone almost anywhere in the world …and call to anywhere in the world – in many cases toll free –  Those of us who have lived overseas for decades have been witness to an amazing evolution in the ability to make international telephone calls.  In the book version of Escape From America, a telephone system called Call Back was recommended; which at that time was a state of the art modality in the ability to make international phone calls.  Most people had never heard of it. Today Call Back is old hat.  Every few years the technology of what is called ‘telephony’ (teh-LEH-fuh-nee) makes even greater strides.  Today we have OOMA, Vonage, Skype, and a dozen other stystems each of which use VoIP, (Voice-over-Internet protocol)  a protocol optimized for the transmission of voice through the Internet or other packet-switched networks. There is a reason why each of the three systems mentioned are excellent services and which is superior depends very much on what it is we intend to use our overseas telephone for. As of this writing OOMA is the latest, and perhaps the greatest; it gives us a US telephone number that provides free calling to any US number, and low cost international calls. However OOMA doesn’t give you a virtual telephone number in London, or in other parts of the world, Vonage does.  With Skype you get can get up to ten numbers in a very wide choice of jurisdictions. Note, for the purposes of this article, that a Skype number can be forwarded into another phone. Skype is great on a laptop, especially now that you can hook in a USB port telephone and carry it with you when you travel.  The hardware is where the innovations have occurred.  We have made a list of the phones that we recommend. Click here to see them all – each of the phones listed explains its features and its cost. If your desire is to create a virtual presence in a jurisdiction or to achieve anonymity this is the best way to do so. There is also a way to forward a phone number located in any jurisdiction into a VoIP number by using PBX software which we will be discussing in a subsequent article. Also note that if you intend to live overseas you will want one of these phones if for that reason alone.
    You Can’t Bug Me
    Note: We have been told that VoIP phones are extremely difficult to bug. This, we are told, is because they use a digital signal and it is difficult to read, much as a fax line is difficult to read. Such signals can be read by someone intent on bugging a phone, but only with great difficulty and at great expense.  Due to the proliferation of VoIP phones in use the chances of a VoIP phone being bugged are extremly remote.

    http://www.escapeartist.com/Special_Reports/What_Is_A_Tax_Haven/
     

    Related:

    Many large U.S. companies use offshore subsidiaries and creative tax planning to lower their tax rates at the expense of the rest of us. As taxpayers and legislators wring their hands over missing budget funds, it is eye-popping to see where much of the money has gone.

    The list of players using offshore tax havens to shift profits overseas reads like a Who’s Who among big businesses and banks. For starters, there’s Google, which has paid a tax rate of 2.4 percent since 2007 on its profits. Then there’s Goldman Sachs, which in the same year received a $10 billion taxpayer bailout and paid just a 1 percent effective tax rate on their profits. The “Big Four” audit firms, such as Ernst & Young, not only advise clients on tax haven strategies, but use them to also ship their own profits overseas. Most recent exposés give a frightening peek into the aggressive tax maneuvering of companies such as General Electric, Carnival, Boeing, Yahoo and Southwest Airlines. Official estimates by the federal GAOshow at least 83 percent of the largest 100 companies have created offshore subsidiaries in places like the Cayman Islands that are officially listed as tax havens.

    Offshore tax havens cost the Treasury over $100 billion per year. It’s the equivalent of a massive annual bailout for America’s largest, and often times, least scrupulous corporations. We should never have tolerated it and can no longer afford it.

    Rampant tax avoidance by corporations is not even good for business. Capitalism works best when companies thrive based on their efficiency and capacity to innovate; not based on the number and aggressiveness of their tax lawyers.

    Curiously, some of the most vocal defenders of tax havens seem to forget about the lost revenue while issuing strong warnings about the size of our deficit. For instance, John Castellani, president of the Roundtable, a vocal critic of large deficits calls closing tax haven loopholes, “the wrong idea at the wrong time for the wrong reasons.” For those who oppose reform, the shifting of tax burdens onto already struggling taxpayers and small businesses doesn’t even seem to deserve a shoulder shrug.

    http://www.huffingtonpost.com/phineas-baxandall/iin-the-public-interesti_b_823717.html