Multimillionaire Democrat Using Offshore Tax Haven Won’t Release Tax Returns

Manhattan multimillionaire Aaron Woolf says he wants the Buffett Rule to be law – but he apparently isn’t willing to put his money where his mouth is. When challenged to release his own tax returns, Woolf refused, saying he would abide by the Buffett rule only if it was law.

That response is, in a word, lame. The fact is, if Woolf weren’t such a phony, he would lead by example. He doesn’t need to take advantage of a tax haven in Mauritius to pay a lower rate than his campaign staff. He doesn’t have to use his Elizabethtown vacation home as a tax deduction. Heck, Woolf can even go here and voluntarily donate to the federal government to ensure that Uncle Sam gets 30% of his income.

But Woolf won’t do that because he is nothing more than a walking talking point without a single unique idea to bring to Congress – other than raising everyone’s grocery bills.

NRCC Comment: “Manhattan multimillionaire Aaron Woolf’s campaign rhetoric just isn’t matching up with his actions. The fact that Woolf is refusing to release his tax returns, while calling for millionaires just like him to pay more in taxes, shows that he doesn’t want to talk about how he is using offshore tax havens and other multimillionaire deductions to pay a lower tax rate than middle class families in the North Country.” – NRCC Spokesman Ian Prior