Tag Archives: Mitt Romney offshore accounts
Willard Mittens Romney appears to be facing new questions about his overseas investments after a campaign official acknowledged to NBC News that his campaign is fast revising his federal ethics forms to report offshore holdings, including income from a multi-million dollar Swiss bank account that was not disclosed last year.
Excuse me? Mittens didn’t fully disclose his income and financial affairs? He lied to the American people? That can’t be? Oh wait, I know, he doesn’t know what goes on in his life, remember from the debate the other evening? Mittens isn’t responsible for any of his actions because he doesn’t take any actions, others take his actions for him.
The tax returns released by the Romney campaign this week showed that the Ann Romney Blind Trust had reported $1,783 in interest income from a bank account held at UBS in Switzerland in 2010. But, wait, oh snap, the interest earned from the Swiss bank account — as well as holdings in other offshore investments in the Cayman Islands, Bermudas and Ireland that appear in the trust fund’s tax returns — were not disclosed in Romney’s financial disclosure form filed with the Office of Government Ethics last August.
How can a mogul of business, who’s supposedly going to turn around our economy, not know there were millions of dollars unaccounted for? Oh, that’s right; he’s not responsible for anything.
One of Willard’s campaign officials reportedly sent out an email stating that Romney’s financial disclosure form is now being amended with the government ethics office “to address this minor discrepancy” and “to deal with some other minor issues.”
It’s just “some other minor issues” they’re dealing with, “minor issues” to the tune of millions of dollars, and at least 23 funds and partnerships in low-tax foreign countries such as Bermuda, the Cayman Islands and Luxembourg.
Once again Willard Mittens Romney proves why he’s not presidential; not knowing what’s going on around you might be acceptable in club house of your yacht club but it’s not acceptable in the Oval Office. You also can’t decide that you don’t have to play by the same rules everyone else has to play by. Mittens is not one of us, he’s never worried about where the next month’s rent was going to come from, he’s never worried how they were going to pay for a doctor’s visit for a sick child,and in spite of what he’s said he’s never worried about getting a pink slip.
Real average Americans don’t hide their money in off shore accounts and then lie about them when they’re told to disclose everything. He’s either a dishonest liar, or he’s an ignorant, bungling rich boy; America can’t afford either as its President.
ABC News is reporting Republican Tea Party (GOTP) presidential candidate Willard Mittens Romney has stashed millions of dollars in offshore investments, a new report from ABC News finds.
The story shines more light on the never ending story that Mittens lives in a different reality from the rest of us, a reality where only elite 1% dwell.
According to ABC News, the former Bain Capital executive who’s reportedly worth upwards of $250 million holds around $8 million of his personal wealth in as many as 12 funds based in the Cayman Islands. Romney also lists a separate investment, valued between $5 million and $25 million, placed on the same Caribbean island chain.
ABC News reports that Romney’s former company – a company Mittens still gets paid from as art of his “retirement plan” – holds some 138 shrouded offshore funds in the Cayman Islands alone. Romney’s campaign of course is attempting to maintain that such behavior is not unusual, and that Romney himself has paid all the appropriate U.S. taxes on his holdings within the accounts.
Mittens is a liar, he’s a cheat, a fraud and he hides money in off shore accounts so he can evade taxes; yeah, he’s just the type of guy we need in the White House.