100+ American Protesters Descend On Cayman
On 13 December 2012, over 100 Americans descended on the Cayman Islands to protest their tax policies and demand that American corporations pay their “fair share of taxes.”
They held signs saying “Bring our tax dollars home” and “We want our money back” and sang a parody song to Harry Belafonte’s “Day-O” with the refrain “Tax evaders time to bring the money home.”
The protest was organized by the US-based activist group CodePink. “The US deficit could be solved with the $150 billion a year that could be recovered from these offshore tax shelters,” said CodePink co-founder Jodie Evans.
Bob , Grant and Cannonear have their collective work cut out . Well wishes .
Why do so many Americans think that they run the world? Cayman owes them nothing and neither does Bermuda! If anything, they should be protesting their own US companies, not a foreign govt. Who do they think they are? They better not try that here! I would counter-protest!
I don’t think you have to worry about them coming here until the cruise season. With ticket and hotel prices where they currently are they probably opted out of coming to Bermuda to protest until then.
I guess that is a positive of Bermuda’s tourism product being so expensive; no protest tourism.
So, if I decided to move my company to Timbuktu, should I still have to pay my taxes in america? But, there are scams going on with most of these big corporations, there are no company at all present at some of the physical addresses they clam to be at… Go figure.
This protest doesn’t even make sense.
They’re americans, they’re not the worlds brightest.
Probably a ploy sponsored by the US. Gov to spur up media attention to get the public outcry going putting the pressure on corporations to repatriate the billions they have off shore.
The U.S. needs to look at themselves, imposing the highest corporate taxes in the world on their own corporations.
In addition they also need to look at their own Tort Law with the ridiculous amount of awarded law suits clogging their legal system.
These companies need to self or seek insurance/reinsurance to meet these awarded payouts.
The Americans always blame someone else for their own created problems.
Bermuda needs to greatly diversify their I.B. away from the U.S. Americans getting more desperate as their ecnonomy is so debt ridden and they start pressuring other countries for money.
Good Job…. Maybe some Bermudians should do the same!!! That is why the Caymans have a *TERRIBLE* reputation and their PM was arrested for corruption!!!
Way to go Uncle Sam, picking on those with limited resources who have succeeded against the odds of making something of themselves – it’s called Imperialism.