As Romney Evades on Tax Returns, New Report Reveals Loopholes, Offshore Havens Behind His Fortune

(Multimedia) Republican presidential hopeful Mitt Romney is on the hot seat over where he stashes his vast personal fortune, estimated at up to $250 million. We speak with reporter Nick Shaxson, whose new Vanity Fair article, "Where the Money Lives," delves into the murky world of offshore finance and reveals loopholes that allowed Romney to skirt tax laws and store millions in foreign tax havens. The article has sparked the latest round of questions about Romney's ... Full Story »

Posted by Dwight Rousu
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Posted by: Posted by Dwight Rousu - Jul 11, 2012 - 5:14 PM PDT
Content Type: Multimedia
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Edited by: Dwight Rousu - Jul 11, 2012 - 5:17 PM PDT

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Randy Morrow
4.1
by Randy Morrow - Jul. 15, 2012

I think one of the things that Mitt Romney epitomizes is the kind of—the whole financialization of corporations, where corporations, instead of—you know, where managers ... More »

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Dwight Rousu
4.4
by Dwight Rousu - Jul. 11, 2012

he’s a kind of clever financial acrobat—he can do all these backflips and has fantastic accountants—but he’s never actually broken any laws. That’s the kind of ... More »

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