? For Mitt: If you weren't hiding your cash from taxes, what the fuck was it doing in the Cayman's?
WSJ paraphrased:
If you weren't hiding your cash from taxes, what the fuck was it doing in the Cayman's?
Romney's Offshore Investments Did Avoid Taxes
Mitt Romney's campaign has attacked reports "on the candidate's offshore investments, saying his holdings in the Cayman Islands and elsewhere have no effect on the amount he pays in U.S. taxes," the Wall Street Journal reports.
"But the campaign's assertions may be wrong or misleading. Tax experts said some of the offshore holdings are likely intended to help Mr. Romney avoid paying an obscure but hefty tax of as much as 35% on some of those investments, held in a tax-deferred retirement account."
http://politicalwire.com/archives/2012/01/19/romneys_offshore_investments_did_avoid_taxes.html?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+PoliticalWire+%28Political+Wire%29
(Reuters) - Republican Mitt Romney acknowledged Tuesday that his income tax rate is "probably closer to 15 percent than anything," suggesting that one of the wealthiest people to ever run for U.S. president pays a much lower rate than most Americans.
http://www.reuters.com/article/2012/01/18/us-usa-campaign-romney-tax-idUSTRE80G1RE20120118
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