tag:blogger.com,1999:blog-7678065904211735031.post4162790081836337190..comments2024-03-28T07:30:14.994-10:00Comments on Romney the Liar: ROMNEY THE LIAR: ENEMY OF THE AMERICAN WORKERUnknownnoreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7678065904211735031.post-1344857513424888672012-07-24T21:41:39.872-10:002012-07-24T21:41:39.872-10:00During an interview with the National Review, Romn...During an interview with the National Review, Romney said that sub-companies in the Cayman Islands help foreign investors avoid paying taxes on investments in the United States. Bain Capital currently has 138 sub-companies headquartered in the Cayman Islands.<br /><br />"The so-called offshore account in the Cayman Islands, for instance, is an account established by a U.S. firm to allow foreign investors to invest in U.S. enterprises and not be subject to taxes outside of their own jurisdiction," Romney said. "So in many instances, the investments in something of that nature are brought back into the United States. The world of finance is not as simple as some would have you believe. Sometimes a foreign entity is formed to allow foreign investors to invest in the United States, which may well be the case with the entities that Democrats are describing as foreign accounts."Elhttps://www.blogger.com/profile/05479147352816145505noreply@blogger.comtag:blogger.com,1999:blog-7678065904211735031.post-18073628041103803862012-07-24T21:04:49.916-10:002012-07-24T21:04:49.916-10:00http://www.huffingtonpost.com/2012/07/23/mitt-romn...http://www.huffingtonpost.com/2012/07/23/mitt-romney-foreign-income_n_1695806.html?utm_source=DailyBrief&utm_campaign=072412&utm_medium=email&utm_content=FeatureTitle&utm_term=Daily%20Brief<br /><br />This is the 411 on his tax evasion and money hiding. He's very slippery.Elhttps://www.blogger.com/profile/05479147352816145505noreply@blogger.com