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Old 07-05-2012, 12:29 PM   #129
firstdown
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Join Date: Oct 2004
Location: chesapeake, va
Age: 62
Posts: 15,817
Re: 2012 Presidential Election (free for all edition)

Quote:
Originally Posted by Chico23231 View Post
There is only one question, why Bermurda and Cayman Islands? Is there alot of Bain Capital or Mitt Romney business there? Is he down there working on something?

These are clearly tax shelters. Mitts not the only one using them, thousands from the US cheat their government out of tax money like this each year. I would just like 1 person to admitt it.
Not sure? Maybe it was a good investment so he took advantage of it. Seems like they did no investagating on his investment but assuming he did so to avoid taxes is purly specultion at this point. So I guess the 50% of Americans that pay no federal income taxes are also tax cheats or is that just left for the rich. He did pay 6.5 million in federal taxes last year.
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