The private equity firm founded by Republican presidential candidate Mitt Romney made use of arcane techniques in several of its Cayman Islands-based funds to avoid U.S. taxes, according to a trove of Bain Capital’s private audit and finance records made public on the website Gawker today.
For Immediate Release: National Contacts: Backbone Campaign, Bill Moyer, 206-356-9980,email@example.com Popular Resistance, Margaret Flowers, 410-591-0892, firstname.lastname@example.org Kevin Zeese 301-996-6582, email@example.com Click on link for Local Contacts: July 3rd, 8pm (plus)- Dallas, TX July 4th, 8am – Santa Monica, CA July 4th, 11am – Arroyo Seco, NM July 4th, – Nevada City, CA July 4th, 4:30pm […]
WSJ’s Market Watch reports: Obama spending binge never happened Commentary: Government outlays rising at slowest pace since 1950s WASHINGTON (MarketWatch) — Of all the falsehoods told about President Barack Obama, the biggest whopper is the one about his reckless spending spree. As would-be president Mitt Romney tells it: “I will lead us out of this […]
The Seattle P-I reports that the WA Senate passes bill to rein in tax breaks “Approved by a 45-3 margin Saturday, the measure would put five-year sunsets on all new and extended tax breaks unless otherwise specified.” Note that it doesn’t affect existing tax breaks. I’m curious to hear the details. Comments comments