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Results from Republicans
Last answered 1 minute ago
Distribution of answers submitted by Republicans.
Data includes total votes submitted by visitors since Apr 8, 2016. For users that answer more than once (yes we know), only their most recent answer is counted in the total results. Total percentages may not add up to exactly 100% as we allow users to submit "grey area" stances that may not be categorized into yes/no stances.
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* Data estimated by matching users to U.S. Census data block groups via the American Community Survey (2007-2011)
Learn more about Offshore Banking
An offshore (or foreign) bank account is a bank account you have outside of your country of residence. The benefits of an offshore bank account include tax reduction, privacy, currency diversification, asset protection from lawsuits, and reducing your political risk. In April 2016, Wikileaks released 11.5 million confidential documents, known as the Panama Papers, which provided detailed information on 214,000 offshore companies serviced by the Panamanian Law Firm, Mossack Fonesca. The document exposed how world leaders and wealthy individuals hide money in secret offshore tax shelters. The release of the documents renewed proposals for laws banning the use of offshore accounts and tax havens. Proponents of the of the ban argue they should be outlawed because they have a long history of being vehicles for tax evasion, money laundering, illicit arms dealing and funding terrorism. Opponents of the ban argue that punitive regulations will make it harder for American companies to compete and will further discourage businesses from locating and investing in the United States. See recent offshore banking news
More stances on this issue
Yes, people should be free to do what they want with their own money. 1 year ago from a Republican in Moores Mill, AL
Yes, with no tax liability. This includes corporations and businesses. 1 year ago from a Republican in Grand Blanc, MI
Sure, but they must pay US taxes on that money just as they would if it were invested here in the US. 1 year ago from a Republican in Byron Center, MI