Mitt Romney’s Money: Murky World Of Offshore Finances, 55 Pages In 2010 Return Devoted To Transactions With Foreign Entities
How does a member of the uber-rich class expect to lead a nation of average Americans? Why would anyone think Mitt Romney would be able to be a credible President of the United States given how out of touch he is due to his wealth?
For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate”: “A full 55 pages in his 2010 return are devoted to reporting his transactions with foreign entities. … All the assets on Mitt’s financial disclosures are in blind trusts or retirement accounts held by him and Ann. … [T]he trusts don’t appear to be as blind as they might be …
Vanity Fair blows the lid on Mitt Romney’s wealth–at least as far as Mitt Romney allows that lid to be blown due to his reticence for being candid with the very people he wishes to elect him.