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More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 781513:MV8xOTY3MzM1XzMzMDEyNzY3X0FEOTUwREM=] [quote:^TrInItY^:MV8xOTY3MzM1XzMzMDEyMDc2XzYxOEE0NzhF] ok so let me get this straight Obama supporters pay ZERO tax and leach off the rest of us who do pay taxes yet Romney is somehow a shit head because he didn't pay ENOUGH taxes? I assure you that man has paid tens of millions if not hundreds of millions in taxes... Yet these Obama leaches pay NOTHING... You can't blame a man for [b]legally[/b] exploiting the tax system.. Now me I pay almost 40% I need to look into how he pulled that shit off! lol [/quote] :clappa: [/quote]
Original Message
Mitt Romney's private equity firm, Bain Capital has been revealed to use obscure techniques to avoid paying U.S. taxes by using Cayman Islands-based funds according to recently leaked documents.
Over 900 pages of private audit and finance records from Bain were made public on the website Gawker today and offered up tantalising glimpses of the labyrinthine methods the Republican presidential candidate employs to pay less tax.
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link to www.dailymail.co.uk
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