CAYMAN ISLANDS - Kellogg Brown & Root, the nation's top Iraq war contractor and until last year a subsidiary of Halliburton Corp., has avoided paying hundreds of millions of dollars in federal Medicare and Social Security taxes by hiring workers through shell companies based in this tropical tax haven.
More than 21,000 people working for KBR in Iraq - including about 10,500 Americans - are listed as employees of two companies that exist in a computer file on the fourth floor of a building on a palm-studded boulevard here in the Caribbean. Neither company has an office or phone number in the Cayman Islands.
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I gotta set up a shell company in the Caymans and make the Mrs. and me consultants to our respective professions. Have our bosses mail our checks to the shell company and they can pay us, thus obviating the need for us to pay U.S. taxes (let alone NYC and NYS taxes). Hell, I'll even buy a building and a phone to make it look really legit. Why should the filthy rich get all the breaks? Oh yeah, they're Republicans ...
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