Follow the Money, But Bring Your Passport
“Tax analysts say Romney may have good reason to be reluctant to release his returns. His vast fortune is invested in dozens of funds linked to Bain Capital LLC, the powerhouse private equity firm he co-founded and led for 15 years. Several Bain funds have offshore connections and take advantage of tax breaks used only by the U.S. financial elite.” [Reuters, via Political Wire]
I think we’re going to find that the guy’s effective tax rate is closer to 10%, maybe even 5%.
It’ll put his plans to lower taxes on the rich in a whole new light (if the 15% revelation hasn’t already).
@Serolf Divad: I’m thinking we’re going to get an interesting public lesson in private finance. It’s well beyond Mitt As One Percenter, or Mitt as Fifteen Percenter. It’s Ned Beatty lecturing Peter Finch.
I’m mad as hell and may I have another, sir.
NOJO • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @ManchuCandidate: So, can you guys annex us now?
MANCHUCANDIDATE • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! PP is done. 51st state, my ass.
NOJO • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @FlyingChainSaw: No, but my government was.
FLYINGCHAINSAW • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @nojo: Were you kidnapped?
NOJO • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @FlyingChainSaw: I’ve spent the past five weeks looking like Astronaut Dave going through the…
FLYINGCHAINSAW • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! NOJO - HOW COME WE'RE NOT COVERING KRASNOV?
NOJO • The Reckoning Four years later: Uhhh, how’d that work out?
JNOV • Hanging by a Thread @nojo: yeah. I had a feeling you’d say that.
NOJO • Hanging by a Thread @JNOV: Haven’t touched a thing — checked it the other day, worked from here. But that’s my…
JNOV • Hanging by a Thread Oh! My edits worked! Praise nojo!