Follow The Money: Tax Havens

Tax havens are known in the business world as foreign places where investors receive strict privacy laws. Sharyl Attkisson reports on how U.S. companies may be using bailout dollars overseas.

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News & Politics

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• CBS
• News
• Evening
• Katie
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• Sharyl

[caymanman]

tax havens are the reason your american companies are so competitive around the world....think about that...read a little about finance..

[GhostofCliffGullett]

The theory in our family is that dad hid money in the Caymans. He went to Dublin too, that's another hot spot. He hasn't worked in ten years plus, and no one knows how he gets by. And he grills me about being an idler.

[gunzkillu]

so we should tax the rich and give the money to the poor, lazy, and stupid then?

[Salladsdressing]

@caymanman

Totally right! But the people giving the critique doesn't have any knowledge about economics. =)

[javajoba]

Why isn't the USA a tax haven? Why do so many companies and jobs go over seas?

[JohnVornle]

This represents a pathetically poor understanding of the facts.

[mediaboyz]

The USSA started down the "moral terpitude" road with bailouts and now the dog continues to chase its tail....