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More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes

 
in5d

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08/24/2012 06:20 AM

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More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
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in5d (OP)

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08/24/2012 06:23 AM

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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
1 star?

welcome to glp, mr romney
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IvantZtrooth

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08/24/2012 06:24 AM

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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
the amount of money he hides from the government and the amount of money obama has wasted during his term are the reasons this place has turned into a shithole in the first place. want to fix america? get rid of people that waste tax money or dont pay taxes. enough is enough
Zen Mistress

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08/24/2012 06:25 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
I'm sure Republicans will find a way to defend this. What does it matter to them that he has been finding a way to stop his taxes, that legitimately belong to the USA, from going into their coffers. Theft from the country won't mean a thing to them, most of them with money will be doing it anyway.
Never suffer fools, never be fooled
Anonymous Coward
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Netherlands
08/24/2012 06:26 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
He is also still making money with the same stuff rich people exploded the economy with. And does he work? He is a good example of those who actually need to be punished for the crash. He is a big welfare queen, leeching off less fortunate people.

Ofcourse the right wants to make this guy press.
Anonymous Coward
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08/24/2012 06:29 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
BS... lets not talk about YOUR Futuer suvival... and jobs... and the econonmy..

CHANGE THE SUBJECT... don't look at what Obama has BEHIND CURTAIN NUMBER 1. Socialism....

FOOL then once CHANGE you can BELIVE IN... CHANGE for the WORST...

FOOL THEM AGAIN... you will fnd your home in a CAMP!
Anonymous Coward
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08/24/2012 06:29 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
They're all in on it, not paying this, paying their friends that and funding projects nobody asked for but they have to point fingers at each other because that's how the game is played.
Anonymous Coward
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08/24/2012 06:31 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
BS... lets not talk about YOUR Futuer suvival... and jobs... and the econonmy..

CHANGE THE SUBJECT... don't look at what Obama has BEHIND CURTAIN NUMBER 1. Socialism....

FOOL then once CHANGE you can BELIVE IN... CHANGE for the WORST...

FOOL THEM AGAIN... you will fnd your home in a CAMP!
 Quoting: BigEyes


What socialism? The rich are getting richer, that is not socialism, that is Obama wanting to work with republicans who ofcourse are fucking him over big time.
IvantZtrooth

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08/24/2012 06:34 AM

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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
BS... lets not talk about YOUR Futuer suvival... and jobs... and the econonmy..

CHANGE THE SUBJECT... don't look at what Obama has BEHIND CURTAIN NUMBER 1. Socialism....

FOOL then once CHANGE you can BELIVE IN... CHANGE for the WORST...

FOOL THEM AGAIN... you will fnd your home in a CAMP!
 Quoting: BigEyes


What socialism? The rich are getting richer, that is not socialism, that is Obama wanting to work with republicans who ofcourse are fucking him over big time.
 Quoting: Anonymous Coward 22142415


he doesn't understand common sense. you are going to have to win an argument with him by yelling the loudest. good luck
Anonymous Coward
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08/24/2012 07:11 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
I'd really like to know who does his taxes! Name and number please. Evidently the guy I'm using sucks!
Anonymous Coward
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08/24/2012 07:16 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
 Quoting: in5d


Now just to be fair, how bout a new post on just how much tax money your government squanders on a yearly basis. They literally piss it away on nonsensical bullshit yet put your ass in prison if you don't pay every dime you owe. So Bravo to you Mr. Romney if you LEGALLY don't pay a dime to these fucking leeches!
Anonymous Coward
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08/24/2012 07:18 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
 Quoting: in5d


Now just to be fair, how bout a new post on just how much tax money your government squanders on a yearly basis. They literally piss it away on nonsensical bullshit yet put your ass in prison if you don't pay every dime you owe. So Bravo to you Mr. Romney if you LEGALLY don't pay a dime to these fucking leeches!
 Quoting: Anonymous Coward 12930888


You talk like the gov keeps your tax money. You know they do not don't you?
snark

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08/24/2012 07:19 AM

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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
What a bunch of hypocrites Gawker media is. THEY ARE SET UP THE SAME WAY!!
[link to pjmedia.com]

Last Edited by snark on 08/24/2012 07:20 AM
T For Texas, T For Tennessee!


The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis
AlcoholicRunner
I abduct humans and drink at the same time.

User ID: 22488716
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08/24/2012 07:20 AM

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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
BS... lets not talk about YOUR Futuer suvival... and jobs... and the econonmy..

CHANGE THE SUBJECT... don't look at what Obama has BEHIND CURTAIN NUMBER 1. Socialism....

FOOL then once CHANGE you can BELIVE IN... CHANGE for the WORST...

FOOL THEM AGAIN... you will fnd your home in a CAMP!
 Quoting: BigEyes


What socialism? The rich are getting richer, that is not socialism, that is Obama wanting to work with republicans who ofcourse are fucking him over big time.
 Quoting: Anonymous Coward 22142415


Wow! You are truly brainwashed idiot.

Why don't you start visiting [link to www.breitbart.com] , [link to newsbusters.org] , [link to www.black-and-right.com] , [link to gayconservative.org] , etc to find out how much Democrats are lying over everything...
Anonymous Coward
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08/24/2012 07:22 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
GAWKER IS OWNED BY A SHELL COMPANY BASED IN THE CAYMAN ISLANDS, PASS IT ON!
Anonymous Coward
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08/24/2012 07:26 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
I'm surprised he didn't get busted in Operation Trust Me
That's what brought down Wesley Snipes.

What they do it open a domestic trust then 2 foreign trusts then one more domestic trust. They move the money from trust to trust and supposedly the money is clean when it returns to the states.

I'm still voting for Romney no third party this time and the bro in office can go back to wherever he came from. And take the new black panthers with him
Anonymous Coward
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08/24/2012 07:34 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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 legally exploiting the tax system..

Now me I pay almost 40%

I need to look into how he pulled that shit off!

lol
 Quoting: ^TrInItY^


...yes you can when these same kind of people write the laws making for a tax system with exploitable holes.
Anonymous Coward
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United States
08/24/2012 07:36 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
There is no other reason..why do you think he dont want to show and tell?....
Anonymous Coward
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08/24/2012 07:38 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
I'm surprised he didn't get busted in Operation Trust Me
That's what brought down Wesley Snipes.

What they do it open a domestic trust then 2 foreign trusts then one more domestic trust. They move the money from trust to trust and supposedly the money is clean when it returns to the states.

I'm still voting for Romney no third party this time and the bro in office can go back to wherever he came from. And take the new black panthers with him
 Quoting: Anonymous Coward 22347557


You Sir are the lowest of the low..I bet you do like him..do you? Rich guy exploiting the rest!!
Anonymous Coward
User ID: 22402014
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08/24/2012 07:40 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
 Quoting: in5d


Now just to be fair, how bout a new post on just how much tax money your government squanders on a yearly basis. They literally piss it away on nonsensical bullshit yet put your ass in prison if you don't pay every dime you owe. So Bravo to you Mr. Romney if you LEGALLY don't pay a dime to these fucking leeches!
 Quoting: Anonymous Coward 12930888


You talk like the gov keeps your tax money. You know they do not don't you?
 Quoting: Anonymous Coward 22142415


They give my tax money to a bunch of scumbag bankers to pay the interest on all the debt they've run up.

And keep piling up on us every fucking second.
Anonymous Coward
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United States
08/24/2012 07:40 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
the amount of money he hides from the government and the amount of money obama has wasted during his term are the reasons this place has turned into a shithole in the first place. want to fix america? get rid of people that waste tax money or dont pay taxes. enough is enough
 Quoting: IvantZtrooth


Talking about romy??
Anonymous Coward
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08/24/2012 07:40 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
Of course he does. Why the hell do you think he wants the job as president? So he can do more of the same and then some.

If we wanted someone to make a better country, we would have voted Ron Paul. But that is not the goal here. We want someone that will show us how to cheat. Which is what we will have will Romney or Obama.
Anonymous Coward
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United States
08/24/2012 07:49 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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 legally exploiting the tax system..

Now me I pay almost 40%

I need to look into how he pulled that shit off!

lol
 Quoting: ^TrInItY^


...yes you can when these same kind of people write the laws making for a tax system with exploitable holes.
 Quoting: Anonymous Coward 8443185


Exactly. And you can come on this forum and find a 10 page thread bashing poor people and welfare fraud and people cheer this shit on. Fucking the system is fucking the system, whether its for a few hundred in food stamps or a few million in tax loopholes. All the same
Anonymous Coward
User ID: 781513
United States
08/24/2012 07:52 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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 legally exploiting the tax system..

Now me I pay almost 40%

I need to look into how he pulled that shit off!

lol
 Quoting: ^TrInItY^



clappa
Anonymous Coward
User ID: 10783814
United States
08/24/2012 07:58 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
BS... lets not talk about YOUR Futuer suvival... and jobs... and the econonmy..

CHANGE THE SUBJECT... don't look at what Obama has BEHIND CURTAIN NUMBER 1. Socialism....

FOOL then once CHANGE you can BELIVE IN... CHANGE for the WORST...

FOOL THEM AGAIN... you will fnd your home in a CAMP!
 Quoting: BigEyes


What socialism? The rich are getting richer, that is not socialism, that is Obama wanting to work with republicans who ofcourse are fucking him over big time.
 Quoting: Anonymous Coward 22142415


he doesn't understand common sense. you are going to have to win an argument with him by yelling the loudest. good luck
 Quoting: IvantZtrooth


Yelling the loudest? How about coming back to reality.
Anonymous Coward
User ID: 18308331
United States
08/24/2012 07:59 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
 Quoting: in5d




Even IF true, not illegal.

and even IF true, doesn't discount the fact that Mitt Romney paid all taxes owed, plus gave over 4 million to charity, PLUS 10% tithing to church. meanwhile, Joe Biden paid $315 dollars to charity, Obama gave less than 1% to charity, and neither paid any money to their church tithing.

Yeah... right...

I would rather that someone give money to people in need than to a government composed of crooks who practice cronyism and pilfer the public's trust for their own benefit.

oh... and Mr. Obama... the government didn't pay for that road. Taxpayers did!
Anonymous Coward
User ID: 10783814
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08/24/2012 08:02 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
 Quoting: in5d


Now just to be fair, how bout a new post on just how much tax money your government squanders on a yearly basis. They literally piss it away on nonsensical bullshit yet put your ass in prison if you don't pay every dime you owe. So Bravo to you Mr. Romney if you LEGALLY don't pay a dime to these fucking leeches!
 Quoting: Anonymous Coward 12930888


You talk like the gov keeps your tax money. You know they do not don't you?
 Quoting: Anonymous Coward 22142415


Sure they do. It's called a salary. They write their own ticket, give themselves raises, buy votes and whore themselves out to lobbyists for even more money.
Anonymous Coward
User ID: 6495420
United States
08/24/2012 08:02 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
the amount of money he hides from the government and the amount of money obama has wasted during his term are the reasons this place has turned into a shithole in the first place. want to fix america? get rid of people that waste tax money or dont pay taxes. enough is enough
 Quoting: IvantZtrooth


Get rid of the current tax code, its entire system is gamed and exploited to the hilt.
Anonymous Coward
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United States
08/24/2012 08:04 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
the amount of money he hides from the government and the amount of money obama has wasted during his term are the reasons this place has turned into a shithole in the first place. want to fix america? get rid of people that waste tax money or dont pay taxes. enough is enough
 Quoting: IvantZtrooth


Just wondering how much extra in taxes that you pay that you don't have to. Please post a number for us.
Anonymous Coward
User ID: 22317354
Mexico
08/24/2012 08:05 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
BS... lets not talk about YOUR Futuer suvival... and jobs... and the econonmy..

CHANGE THE SUBJECT... don't look at what Obama has BEHIND CURTAIN NUMBER 1. Socialism....

FOOL then once CHANGE you can BELIVE IN... CHANGE for the WORST...

FOOL THEM AGAIN... you will fnd your home in a CAMP!
 Quoting: BigEyes


What socialism? The rich are getting richer, that is not socialism, that is Obama wanting to work with republicans who ofcourse are fucking him over big time.
 Quoting: Anonymous Coward 22142415


Most of the rich are not getting richer ... I make money off of the rich (its that whole trickle down thing) and they are giving up their toys; they can't afford them and the ones that can are afraid to play with them so I now worry how to put food on my table.
Anonymous Coward
User ID: 17549114
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08/24/2012 08:05 AM
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Re: More tax woes for Romney as leaked documents show that he uses offshore investment funds called 'Blockers' to avoid taxes
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.

Read more: [link to www.dailymail.co.uk]
 Quoting: in5d




Even IF true, not illegal.

and even IF true, doesn't discount the fact that Mitt Romney paid all taxes owed, plus gave over 4 million to charity, PLUS 10% tithing to church. meanwhile, Joe Biden paid $315 dollars to charity, Obama gave less than 1% to charity, and neither paid any money to their church tithing.

Yeah... right...

I would rather that someone give money to people in need than to a government composed of crooks who practice cronyism and pilfer the public's trust for their own benefit.

oh... and Mr. Obama... the government didn't pay for that road. Taxpayers did!
 Quoting: Anonymous Coward 18308331


Not illegeal? Maybe not, but sure shady. The man is not applying to sell Chevy's at the local dealership.
And how do you know he has paid all tax owed?
Both candidates suck. Its now a choice of the lesser of....

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