Thursday, January 19, 2012

Romney Invests In Several Bain Funds That Use Offshore Tax Havens To Boost Profits

Romney Invests In Several Bain Funds That Use Offshore Tax Havens To Boost Profits: pMitt Romney yesterday admitted for the first time that his tax rate is about 15 percent, lower than the rate paid by millions of middle class families. Romney is able to pay such a low rate (even though the top income tax rate is 35 percent) because his income comes overwhelmingly from investments and he [...]/p