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Politics

Mike Huckabee Is No Fan Of Offshore, Cayman Island Bank Accounts

During the 2008 Republican primary, the former Arkansas Governor often attacked offshore bank accounts using it as an opportunity to potray his opponents as out of touch, and a reason to fix the tax code.

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Cayman Island bank accounts are "sheltered" because his 2008 GOP primary opponents "don't want to pay taxes on that."

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Cayman Islands bank accounts are "tax free income."

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The money in offshore bank accounts could take the US out of a recession it wasn't "parked offshore."

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Andrew Kaczynski is a political reporter for BuzzFeed News and is based in New York.

Contact Andrew Kaczynski at andrew.kaczynski@buzzfeed.com.

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