Romney Revising Tax Disclosures for Offshore Funds (for 1/27/12)

Mitt Romney's campaign staff is changing federal ethics disclosure forms to include some investments held offshore, but not reported on his taxes last year. Last year, he did not include an investment held in Switzerland's UBS Bank worth million of dollars on his return. He also added funds from the Cayman Islands, Ireland, and Bermuda to his returns. Romney has about $250 million in wealth. These forms require Presidential candidates and their spouses to diclose all of their total assets and income. In other words, Mitt Romney hides his money all over the world to avoid paying taxes and will not disclose his wealth unless he needs to do it for political gain. In truth, revising disclosures like this should trigger a scandal that deems him unsuitable for office. http://firstread.msnbc.msn.com/_news/2012/01/26/10244809-romney-revising-disclosures-for-overseas-accounts

Mitt Romney's Investments Scattered Around The World (1/18/12)

Mitt Romney his hiding his tax returns for a very good reason. They will not help him win the November 2012 Presidential election. While at Bain Capital, he probably moved much of his wealth to accounts abroad to take advantage of various tax breaks used by only the wealthiest bankers and investors in the Top 1%. Bain funds have key international connections for moving money offshore. Romney shifted his wealth to Delaware, the Cayman Islands, Bermuda, Hong Kong, and Ireland. Romney's family got over $1 million in 2010 from one Cayman Islands investment, Bain Capital Fund VIII. What does this mean for President Obama? In the 2008 campaign, he ran into Joe the Plumber, who questioned why Obama wanted to raise his taxes. Obama can effectively use the phrase, "spread the wealth," and have more credibility than Romney, who spreads his wealth -- around the world, that is. http://www.washingtonpost.com/blogs/ezra-klein/post/yet-another-tax-advantage-for-romney/2012/01/18/gIQAvh017P_blog.html