When Senator Reid asserted that Mitt Romney hadn't paid income tax for over a decade he was widely dismissed. But it turns out he was right after all.
Bloomberg has uncovered that Romney used a charitable remainder trust (a now outlawed tax dodge favorite of the super rich) to avoid paying taxes for 15 years. The Romney camp is not denying this.
http://www.bloomberg.com/news/2012-...es-via-loophole-cutting-mormon-donations.html
http://www.businessinsider.com/romneys-crut-tax-shelter-2012-10
Bio and Deli -- note the conservative pro-business sources.
this post has received an infraction.
Bloomberg has uncovered that Romney used a charitable remainder trust (a now outlawed tax dodge favorite of the super rich) to avoid paying taxes for 15 years. The Romney camp is not denying this.
http://www.bloomberg.com/news/2012-...es-via-loophole-cutting-mormon-donations.html
http://www.businessinsider.com/romneys-crut-tax-shelter-2012-10
Bio and Deli -- note the conservative pro-business sources.
this post has received an infraction.
