Can you even imagine that? Renting the churches exemption? WTF?Senator Harry Reid (D-Nevada), accused GOP presidential candidate, Mitt Romney, of tax evasion “for over 10 years” on the Senate floor in August, but the intense speculation around his statement simmered down after Mittens released two years of tax returns — though they showed legal holdings in Bermuda, Cayman Islands and Switzerland.
On October 28, Bloomberg.com , dropped the bombshell that Reid was right:
Mitt Romney used the tax-exempt status of a charity — the Mormon Church of Latter Day Saints– to avoid paying taxes for over 15 years.
A maneuver that I’m sure former President Bill Clinton would call tricky “arithmetic.”
I told you the Mormon church is a money laundering operation