The Washington Post is reporting that Terry McAuliffe is trying to get a TV station to stop airing an ad highlighting his ties to a company based in the Ugland House in Cayman Islands, a known tax shelter. Ugland House famously serves as the registered address for thousands of businesses and has been labeled by President Obama as “the largest building in the world or the largest tax scam in the world.”
Despite McAuliffe’s attempts, evidence backing up the ad’s claims were on McAuliffe’s company’s own website, and the station will continue to air the ad. While Terry’s attempt to hide his controversial businesspractices backfires, there’s one way he can get the ads off the air. The group has offered to pull the ad if he releases 8 years of tax returns to prove he has no ties to the company. Of course, McAuliffe has refused to do so and refuses to comment on the matter.
An attorney for McAuliffe’s campaign wrote to WUSA-TV Channel 9 on Monday urging the station to cease running an ad sponsored by the Ending Spending Action Fund because, the campaign says, the ad falsely suggests that McAuliffe had business ties to a company headquartered in the Cayman Islands. …
Brian Baker, president and general counsel for the Ending Spending Action Fund, said this week that his group stands by the assertions in the advertisement. …
“I am more than happy to pull this ad down and apologize to Mr. McAuliffe if he releases eight years of tax returns to show that he had no business interests in the Cayman Islands,” Baker said Monday by telephone. He said the campaign also has written to WTTG-TV in Washington, D.C. and WRLH-TV in Richmond. …