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Jun 4, 2012 | Posted by: roboblogger

Obama win could cost Romney $5M in personal taxes

Full story: Boston Herald

To see where the presidential candidates stand on taxing the rich, just look at how they'd tax themselves.

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Makes sense

Dearborn, MI

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Judge it!
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#1
Jun 4, 2012
 

Judged:

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Big deal! It's like pissing in the ocean. Bishop Rmoney won't even notice.

“Lying for the Lord”

Since: May 12

Heartland USA

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Judge it!
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#2
Jun 6, 2012
 
Romney moved many of Bain's investment funds to the Cayman Islands or Bermuda, and has somewhere between $13 million and $33 million of his $250 million fortune hidden there. He earns more than $1 million per year just in the interest, dividends and capital gains from these tax haven funds. Romney is earning extraordinary returns on these funds -- 20% to 30%, according to Brad Malt, the manager of his trust.

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