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.
BURR DEMING • Tom Lehrer, 1928-2025 Thank you for this, nojo. He was a wonderful talent and, by all accounts, a wonderful human…
NOJO • Tom Lehrer, 1928-2025 Oh, and there’s a Catholic church across the street. Maybe I can do a little dance for them!
NOJO • Tom Lehrer, 1928-2025 Now that I’m in NYC, plenty of pigeons to poison in his honor.
NOJO • All the Vice President's Men 2025 update: Nothing happened. And here we are!
MANCHUCANDIDATE • Weeping Angel Imagine going from hope to Fascism in less than two decades enabled by greedy ass (millionaire)…
NOJO • Nightmare at the Museum From the last time he threatened to bomb Iran, 2020. Remember that one? All a misty blur now.
NOJO • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @ManchuCandidate: I have birthright citizenship in Cascadia, so I think I’m good.
MANCHUCANDIDATE • TRUMP TARIFFS UNLEASHING FURY OF CANADIANS - AND THEIR LEGENDARY SNIPERS! @nojo: Only the sane parts... like the West coast, New England (minus the Bruins and…
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.