Something about Romney's tax returns....
Mitt Romney's 2010 tax returns include four different #1116 forms for Foreign Tax Credit. Towards the top it simply says "Various Countries" and between the four there's almost a half million in foreign taxes that can be deducted off his U.S. tax returns. And deduct it he did.
His incomplete 2011 tax returns have a page that the Romney's expect to have foreign tax credit but it can't be calculated at this time.
So Mitt Romney not only has his money and investments all over the world, he's actually paying taxes to foreign governments, then turning around and deducting those taxes off what he owes here in the U.S. It may be legal; but all that makes Romney is the ultimate off-shoring king!
Interestingly, while he hasn't completely taken down his and Ryan's tax returns off his campaign website, you can no longer get to them from the main page. You can still see them at the following link:
http://www.mittromney.com/learn/mitt/tax-return/main
[link:http://www.mittromney.com/learn/mitt/tax-return/main|
I want a president who invests in America! I want a president who pays his taxes in America!