The president announced a plan today to lessen the advantage of using tax havens. There will be kvetching. I feel little sympathy.
Is this what he’s talking about? Dennis Washington is a very wealthy man with one of the largest yachts in the world. He is an American and made his money here. The yacht is flagged in the Cayman Islands. I took the photo in Cabo San Lucas, Mexico.
The same question goes for Donald Trump’s jet. It’s callsign is VP-BDJ. I wrote about this in more detail in February 2006.
Why is Donald Trump’s jet registered on a British Island? Whatever the reason I suspect I don’t benefit.