Obama win could cost Romney $5M in personal taxes
To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves.
Join the discussion below, or Read more at Boston Herald.
#1 Jun 4, 2012
Big deal! It's like pissing in the ocean. Bishop Rmoney won't even notice.
“Lying for the Lord”
Since: May 12
#2 Jun 6, 2012
Romney moved many of Bain's investment funds to the Cayman Islands or Bermuda, and has somewhere between $13 million and $33 million of his $250 million fortune hidden there. He earns more than $1 million per year just in the interest, dividends and capital gains from these tax haven funds. Romney is earning extraordinary returns on these funds -- 20% to 30%, according to Brad Malt, the manager of his trust.
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