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ProSense

(116,464 posts)
Wed Aug 29, 2012, 02:50 PM Aug 2012

Mitt’s Cayman party boat

Mitt’s Cayman party boat

Millionaire Romney donors celebrate their love of low taxes on an offshore-registered mega-yacht

By Andrew Leonard



Could there be a better example of super-rich arrogance than the image of millionaire Romney donors partying on a mega-yacht registered — for tax avoidance reasons — in the Cayman islands… during the Republican convention? Come on — simply as metaphor, the very notion reeks so egregiously of entitlement and elitism that one can’t imagine Romney’s campaign managers allowing such a thing to happen. Right?

<...>

There’s only one reason why millionaires register their mega-yachts in the Cayman Islands — and it’s the very same reason why Mitt Romney has offshore accounts registered there. Taxes — or, more accurately, the lack thereof. It makes a perfect kind of sense. Millionaires want to help Romney get elected because not only will that prevent Obama from raising their taxes, but it could well result in their current tax burden falling even further. So there’s a beautiful honesty in gathering together on a yacht that pays no U.S. taxes — see, America, this is what we’re all about.

- more -

http://www.salon.com/2012/08/29/mitts_cayman_party_boat/

Mittwit!

Lid blowing off Romney tax secrecy
http://www.democraticunderground.com/10021201624

"The GOP candidate failed to include...Swiss bank account on...personal financial disclosure forms"
http://www.democraticunderground.com/10021205969




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Mitt’s Cayman party boat (Original Post) ProSense Aug 2012 OP
Clueless? brush Aug 2012 #1

brush

(53,839 posts)
1. Clueless?
Wed Aug 29, 2012, 03:07 PM
Aug 2012

Clueless, tone deaf or they just don't care? I think it's the latter. They also thought no one would see or know. And that's just how stupid they are. Romney won't reveal his tax returns, and has been accused of not paying taxes for 10 years yet they party on a boat with a Cayman Island tax haven flag. Almost unbelievable, but when you look at all the gaffes and blunders Romney has made in this campaign (think Euro insults during the Olympics for example) you realize making money in questionable ways may be the only thing these repugs are good at.

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