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July 25th, 2012
06:58 PM ET

Wealthy people hiding trillions

A report says the global rich hide $21 trillion in tax havens. CNN's Mary Snow has more.

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Filed under: Taxes
soundoff (4 Responses)
  1. Phyllis G

    Why don't members of the entertainment industry have a long history of cutting a sizable check making contributions to cover their country's debt, if they can afford to give such a large portion to individuals.
    Making a debt free country would mean a happier world for ALL and benefit them eternally (Matthew 25: 40 not 45)

    July 28, 2012 at 11:40 am |
  2. Beth

    I think we can include Romney as one of the wealthy who is using tax havens to hide his money. It explains why he is unwilling to disclose his tax returns. At a time when so many Americans are suffering financially and the country is in so much debt, I don't think they would want to elect a President who not only supports tax havens but uses them. Think of how the tax on those trillions could be used to help deserving people.

    July 26, 2012 at 10:07 am |
  3. Gilbert

    Well Wolf, here is the proof of the faulty premise serving as the rationale for the Bush Tax Cuts. So much for "Trickle Down Economics!"

    July 26, 2012 at 5:55 am |
  4. Kevin

    Nobody in their right mind will keep their money here for Obama to grab. Vote Republican this November and those Trillions will come back to America creating 10s of millions of jobs!

    OR

    Vote Democrat again and get a double poison to the economy. 1) the trillions STAY on hold offshore for another 4 years and 2) Obama gives trillions of taxpayer dollars to millionaires that donated to his campaign to waste on retarded business ideas.......... AGAIN.

    July 25, 2012 at 8:17 pm |

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