To: tejek who wrote (857107 ) 5/14/2015 7:09:11 PM From: joseffy Respond to Dem Rep. Alan Grayson erupts after his own off-shore funds was exposed by a Florida newspaper Hotair ^ | 05/14/2015 | Ed Morrissey Grayson wrote at the Huffington Post that Barack Obama should order “the IRS to audit every one of the Fortune 500? corporations. Grayson wanted to stop them from “evading taxes through transfer pricing and offshore tax havens.”Adam Smith of the Tampa Bay Times found out that Grayson himself had incorporated two funds in the Caymans later that same year, the same kind of tax structure that Grayson found so distasteful in January 2011. Based on disclosure statements, Grayson has somewhere between $5 million and $25 million put away in the fund, although he’s drawing no income from it. In a phone interview Wednesday, Grayson said the funds were incorporated in Grand Cayman at the advice of an attorney he declined to name. It was a vehicle for foreign investors to invest in his funds while limiting their tax liabilities, he said, but no money had been invested in them yet.Tampa Bay Times looking for “some stupid, bull—- story. … You want to write sh– about it, and you can’t because not a single dollar of taxes has been avoided,” he snapped. Grayson wasn’t done. Smith asked whether it was appropriate for a sitting Congressman to open a fund in the Caymans for foreign investors while remaining in office, regardless of whether he’s recruited any investors or not. Once again, Grayson pondered the nuances of the issue before offering a rational discourse on the lack of conflicts of interest: “Are you f——- kidding? I set up a fund that might solicit foreign investors….I have no present intention of soliciting foreign investors,” he said. “Your perception issue is bull—-.” Marc Caputo and Elana Schneider note that Grayson currently is mulling a run for Marco Rubio’s Senate seat, which makes the question of Cayman funds for future foreign investors even more interesting. The DSCC has decided to back Patrick Murphy over Grayson, which reportedly resulted in another colorful outburst from the Congressman: Grayson, who wouldn’t comment on his tirades, didn’t dispute participating in a difficult phone call a few weeks previously with DSCC Chairman Jon Tester, who informed the representative that the committee would likely soon endorse Rep. Patrick Murphy. Grayson denied he directly swore at Tester — as two sources alleged — but he wouldn’t comment on what he said. The foreign-investor issue can’t possibly be keeping the DSCC from backing Grayson, considering the tens of millions the Democrats’ presumed presidential frontrunner has pocketed through the speeches of her husband during her tenure at State. Tester and his colleagues must just be jealous of the sunny disposition Grayson exhibits at all times. Either that, or they want to prevent the difficulties of working together with a Senator Grayson as much as they possibly can. If it takes a few “s—-ing robots” to block Grayson’s path, so be it.
