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Trump puts his money in companies that stash cash abroad

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opednews.com Headlined to H3 10/10/15

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One of the key planks in Donald Trump's tax reform plan would end the practice of U.S. multinationals stashing hundreds of billions of dollars in offshore accounts to reduce their U.S. tax liability. These companies should be familiar to him: A review of Trump's stock portfolio, as itemized in his financial disclosure form, shows he owns millions of dollars in stock in the same companies that have been most aggressive with these legal but controversial tax strategies. Citizens for Tax Justice and the U.S. Public Interest Group ranked the Fortune 500 companies based on how many offshore subsidiaries they have and by the amount of cash they're holding overseas. Trump owns stock in 22 of the top 30.
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Sheila Samples is an Oklahoma writer and a former civilian US Army Public Information Officer. She is a Managing Editor for OpEd News, and a regular contributor for a variety of Internet sites.

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