Axelrod Tweet Burst Hits Romney for 'Bermuda Tax Shelter'

Full story: ABC News
Senior Obama strategist David Axelrod today offered something of a fireworks display on Twitter, launching a barrage of messages meant to draw attention to two reports that highlight Mitt Romney's stake in a Bermuda company that has never been listed on his state or federal financial reports. Full Story
dog

Chardon, OH

#1 Jul 4, 2012
They better worry about the national economy than throwing stones.
Tony

Broken Arrow, OK

#2 Jul 4, 2012
Romney and the Republicans want to eliminate taxes on money Romney and other Republicans have earned overseas to bring back to the US without paying any taxes on it. Romney and the Republicans want others to pay their tax bill. Romney and the Republicans like their welfare.
Romney quirming

Haverhill, MA

#3 Jul 5, 2012
When Mitt's father ran for president in 1968, he released 12 years of tax returns. He stated “one year could be a fluke, perhaps done for show.” Mitt has released one year, and that revealed he had declared accounts in Bermuda, The Cayman Islands and Switzerland. All countries that are tax havens and have secrecy laws to protect depositors. Not illegal, but highly suspect. Why not Germany, France or Italy? He may and I repeat may release a later year tax return, but he can't release a previous year. You see Mitt doesn't like to pay taxes. When he worked for Bain, they lobbied for the tax break that allows them to pay 15% on carried interest. When they wanted to close the loophole, Bain spent millions again on lobbying. When he was on the board of directors of Marriott, he was Audit Chairman. He reduced their tax rate to 6.8% through offshore tax dodges and sleazy loopholes. Enough of this, the real story starts below.
In 2009 the IRS had a tax amnesty for people that had money in undeclared Swiss bank accounts. The IRS was given a list of 4,500 names, and let the financial world know they were going to go after these people. More than 30,000 people came forward and the government collected 2.7 billion in taxes and penalties. The company that came forward with these names was UBS, the same company that Mitt has his "declared" account with. Some believe up to 10 trillion dollars are stashed in tax havens by Americans. His staff was sweating bullets in January when he released his tax release. Now that there are calls for him to release his previous tax returns, they are back in panic mode. They have no way to explain the mysterious appearing accounts and the sudden surge in assets. If he does release them, look for white out and a copy of Photo Shop at his campaign office.

Tell me when this thread is updated:

Subscribe Now Add to my Tracker

Add your comments below

Characters left: 4000

Please note by submitting this form you acknowledge that you have read the Terms of Service and the comment you are posting is in compliance with such terms. Be polite. Inappropriate posts may be removed by the moderator. Send us your feedback.

Cayman Islands Discussions

Title Updated Last By Comments
Jammin DC Caribbean and Ethiopian Music and Art... Mon Francesco Sinibaldi 1
Cayman Islands continues pushing desperate esca... Sep 21 WE JUST DONT CARE 11
ASC Seeking Market Bans Against Brian Paul Kuhn (Mar '08) Sep '14 just for fun 44
Cuban immigrants head back to sea after being t... Aug '14 WE JUST DONT CARE 4
Cuban migrant boat turned away from Caymans des... Aug '14 WE JUST DONT CARE 6
China Recycling Energy Says $50M SEDA to Fund B... Aug '14 Charles Silver 1
offer urgent personal loan business loan mortga... (Aug '13) Jul '14 Josh 4

Cayman Islands People Search

Addresses and phone numbers for FREE