Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

babylonsister

(171,092 posts)
Tue Jul 3, 2012, 09:24 AM Jul 2012

Investigating Romney's Offshore Accounts

Hmmm...

http://politicalwire.com/archives/2012/07/03/investigating_romneys_offshore_accounts.html


July 03, 2012

Investigating Romney's Offshore Accounts

Vanity Fair looks into the murky world of offshore finance, revealing loopholes that allow Mitt Romney to skirt tax laws.

"The assertion that he broke no laws is widely accepted. But it is worth asking if it is actually true. The answer, in fact, isn't straightforward. Romney, like the superhero who whirls and backflips unscathed through a web of laser beams while everyone else gets zapped, is certainly a remarkable financial acrobat. But careful analysis of his financial and business affairs also reveals a man who, like some other Wall Street titans, seems comfortable striding into some fuzzy gray zones."

http://www.vanityfair.com/politics/2012/08/investigating-mitt-romney-offshore-accounts

Where the Money Lives

For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.
By Nicholas Shaxson

Latest Discussions»Retired Forums»2016 Postmortem»Investigating Romney's Of...