Politics

Conservative Reps Decry Kerry’s Offshore Tax Havens

REUTERS/Jonathan Ernst

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Conservative congressmen decried the millions of dollars invested in offshore tax havens by trusts associated with Secretary of State John Kerry and his wife Teresa Heinz as “par for the course” for liberals who condemn capitalism while profiting on it.

“They (liberals) are not free market, apparently,” former economics professor and Virginia Republican Rep. Dave Brat told The Daily Caller News Foundation at Wednesday’s monthly press conference with members of the House Freedom Caucus. “And they don’t like capitalism, apparently. … And so they’re like, let’s just kind of do a little less capitalism.”

“That story, the facts that are in your story, certainly supports why I think many Americans see this town” as “rigged” against them, said Ohio Republican Rep. Jim Jordan, who led the charge against the Internal Revenue Service (IRS) targeting of conservative groups.

The Daily Caller News Foundation’s Richard Pollock exclusively reported Tuesday that Kerry and Heinz, through a family trust, have “more than $1 million” invested in each of the 12 offshore accounts found in his financial disclosure forms. The report comes after President Obama condemned the world’s richest for using such tax havens to protect their wealth.

Rep. Scott Perry, a Pennsylvania Republican, said this revelation is “par for the course” in the Obama administration.

“We’ve come to expect that double standard and that hypocrisy, but unfortunately, voters don’t seem to be too concerned with hypocrisy, at least if they’re liberal voters,” Perry said.

Rep. Raul Labrador, Republican from Idaho, said the press and public give Democrats a pass on things they would harass a Republican for doing.

“The fact of the matter is there is a double standard in politics,” Labrador said. “Democrats can get a away with a lot of things.”

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