Wednesday, July 4, 2012

Romney’s Quiet Rooms: Where All the Money’s Hidden?

Romney’s Quiet Rooms: Where All the Money’s Hidden?
"What Mitt, with his offshore accounts and his secretive business practices and his endorsement of the Ryan budget which gives even more advantages to Wall Street tycoons like himself, is trying to preserve is the ability to play by a different set of rules than the rest of us. He wants a world where the wealthy have all these advantages and loopholes and secret deals and lower tax rates, precisely because that was his entire business model at Bain Capital. He wants a world where he doesn’t have to pay taxes on his accounts in Bermuda and the Caymans and Luxembourg and Switzerland. He wants a world where he can recruit anysleazebag overseas investor to invest in Bain. As Alex Seitz-Wald at Salon.com puts it: “This pattern of elusiveness is hardly confined to Romney’s finances, but rather defines his public life"."