Unanswered questions about Romney's offshore finances

[ProSense]

Unanswered questions about Romney's offshore finances

By Steve Benen

If Sunday show watchers turned on their TVs yesterday, expecting to see Democrats on the offensive over Friday's jobs report, they may have been surprised. Prominent Democratic voices, displaying a level of message discipline that's highly unusual for their party, instead focused in on one lingering issue: what's with Mitt Romney's offshore finances?

Democrats were unrelenting on this issue. Of particular interest was this comment from Maryland Gov. Martin O'Malley, chairman of the Democratic Governors Association: "I've never known of a Swiss bank account to build an American bridge, a Swiss bank account to create American jobs, or Swiss bank accounts to rebuild the levies to protect the people of New Orleans. That's not an economic strategy for moving our country forward."

Senate Majority Whip Dick Durbin (D-Ill.) added, "When it comes down to his Swiss bank account, there's just no way to explain it."

That's true, and it's more than a throwaway line. On ABC's "This Week," host Terry Moran asked Louisiana Gov. Bobby Jindal, a leading Romney surrogate, three times to explain the Republican candidate's offshore investments. In each instance, Jindal changed the subject, unsure what to say.

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http://maddowblog.msnbc.msn.com/_news/2012/07/09/12640942-unanswered-questions-about-romneys-offshore-finances

[Fumesucker]

1. Switzerland doesn't have an army, Switzerland is an army..

So clearly Mitt was just showing his patriotic support for the military by having a Swiss bank account..

What?

[patrice]

2. Isn't part of the issue with such accounts DEPOSITS from sources other than RmoneyInc.????? nt

[elehhhhna]

6. Yes. Exactly.

[thelordofhell]

3. The GOP response..........

LEAVE MITTNEY ALONE!!

[ProSense]

4. "MITTNEY"

[Spazito]

5. LOL!

Perfect!

[aint_no_life_nowhere]

7. DUZYLICIOUS!!

[KharmaTrain]

8. The Ugly Truth...

I've long bet that through sheltering and deductions that not only didn't Mittens pay any taxes but he found ways to get refunds. The fact he's willing to claim around 15%...the rate for capital gains income...means he probably paid less and why he's never going to release his returns prior to 2010...it would take too much scrubbing.

A long time ago a wealth acquaintence said "taxes are for suckers"...and that a good bookkeeper and tax accountant is worth their weight in gold. Willard's problem isn't how much he earned, it'll be how much he avoided paying...

[1StrongBlackMan]

9. Next up ...

"So tell me again how cutting taxes for the wealthy creates jobs?"

Oh ... I get it! If the U.S. government reduced the wealthy's tax bill to zero, they would park the money in U.S. banks as opposed to off-shore!

{Still wondering how that would create jobs?}

[patrice]

10. Foreign jobs & I'm wondering if it's possible for whatever taxes saved + was refunded exceeded the

earnings . . . ???