According to Gawker’s Own John Cook:Mitt Romney's $250 million fortune
is largely a black hole: Aside from the meager and vague disclosures he has
filed under federal and Massachusetts laws, and the two years of partial tax
returns (one filed and another provisional) he has released, there is almost no
data on precisely what his vast holdings consist of, or what vehicles he has
used to escape taxes on his income. Gawker has obtained a massive cache of
confidential financial documents that shed a great deal of light on those
finances, and on the tax-dodging tricks available to the hyper-rich that he has
used to keep his effective tax rate at roughly 13% over the last decade.
Today, we are publishing more than 950 pages of internal
audits, financial statements, and private investor letters for 21 cryptically
named entities in which Romney had invested—at minimum—more than $10 million as
of 2011 (that number is based on the low end of ranges he has disclosed—the
true number is almost certainly significantly higher). Almost all of them are
affiliated with Bain Capital, the secretive private equity firm Romney
co-founded in 1984 and ran until his departure in 1999 (or 2002, depending on
whom you ask). Many of them are offshore funds based in the Cayman Islands.
Together, they reveal the mind-numbing, maze-like, and deeply opaque complexity
with which Romney has handled his wealth….,
Wait…wait…there’s more at http://gawker.com/5936394/the-bain-files-inside-mitt-romneys-tax+dodging-cayman-schemes
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