Bain Documents Show Romney’s Tax-Dodging Schemes

Over 900 pages of Bain documents were released by the website Gawker, which reveals sensitive information about Mitt Romney’s involvement with Bain Capital. The pages reveal the tax-dodging schemes that the GOP Presidential nominee used to keep his tax rate no higher than 13%.

These internal audits help explain the vast art of deception and how to hide and funnel vast money investments. They showed how he put millions into tax havens such as the Cayman Islands and Luxembourg through dummy corporations and other deceiving methods to avoid paying taxes in the U.S.

Mitt Romney has claimed for years now that he was not involved with Bain Capital after 1999. The documents obtained by Gawker show that Mr. Romney was involved with the company many years after that date.

Mitt Romney also lied about investments that he claimed were part of his retirement at Bain, which shows that they were not made until years later. Either Mitt Romney has a short memory or he is hiding the truth about a number of his false statements over the years.

His blind trust does not meet federal standards of independence, which means he has major control over the fund. His endless retirement package is a maze of deceit and money flows through numerous mind-boggling tunnels.

The evidence shows that Mitt Romney has been lying for years about his involvement with Bain Capital and has a lot of explaining to do to the American people. He is so far removed from the average working man that he has no idea what the middle class are going through right now.

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Posted by ron.lauterborn on Aug 23 2012. Filed under Featured News, World. You can follow any responses to this entry through the RSS 2.0. Responses are currently closed, but you can trackback from your own site.