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Friday, 11/19/2010 8:32:32 AM

Friday, November 19, 2010 8:32:32 AM

Post# of 62520
Somebody here please relay this to the PPHM swamp board about Kenneth Dart, who lives/lived in Sarasota, where I JUST happen to live to .. hmmm ... thanx.

It s that cherished moment on Hightower Radio once again: Time to honor our Jerk-of-the-Month! [Fanfare/Applause]: It s Mr. Kenneth B. Dart, a bon vivant, tax-dodging billionaire from Belize.

Well, actually Mr. Dart is from Sarasota, Florida. Having become a billionaire as honcho of the Dart Container Corporation, an outfit that manufactures styrofoam cups, Mr. Dart s chief goal in life has recently become finding ways to avoid paying any taxes on the money he made in our country.

Well luckily for him, there s a little-known loophole in our tax laws written especially for billionaires like him -- it allows those who renounce their US citizenship to move their permanent residence out of country and -- viola -- escape paying US taxes. So, Mr. Dart simply became Senor Dart, moving to a tropical resort in Belize, in Central America.

But here s where his happy tale turns sad. He got homesick for the palm-lined luxury of his family enclave back in Sarasota -- but as a non-citizen, Dart could only be in the US 120 days a year.

What to do, what to do? Of course -- do what billionaires always do: Buy what you want! He got the government of Belize to seek US permission to open a consulate office in Sarasota, which he would build and pay to operate. In turn, he would be named Belize s consul to the US. This way, as a foreign diplomat, Dart could stay in Sarasota as long as he wanted, even though he s actually an ex-patriot tax dodger.

This is Jim Hightower saying . . . This scam makes Dart our Jerk of the Month! But the real jerks are the members of Congress who put this billionaire s loophole in our tax laws to begin with. Let s plug that loophole, can the consulate office in Sarasota and send Dart back to Belize for good

Bull-markets are born on pessimism, grow on skepticism, mature on optimism and die on euphoria .. Sir John Templeton
Make your Life a Mission .... NOT an Intermission. † §|PL1|§

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