Romeny As Bain CEO Benefited From Offshoring Tax Break He Disavowed At Debate

Huffington Post by Zach Carter, Dave Jamieson | Oct. 23, 2012 (Fact Check)

Bain Capital appears to have benefited from a provision in the U.S. tax code that grants companies tax breaks for costs associated with offshoring American jobs. Bain profited from the closure of a Denver factory in early 2001, when SEC filings list Romney as the sole shareholder and CEO of multiple Bain enterprises.

The tax perk available to Bain while under Romney's leadership conflicts with the Republican candidate's comments at the first ... Full Story »

Posted by Tanya J. Maurer

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Subjects: U.S., Politics
Topics: Mitt Romney, Presidential Election 2012
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Posted by: Posted by Tanya J. Maurer - Oct 22, 2012 - 4:42 PM PDT
Reviewed by: Tanya J. Maurer (review), Randy Morrow (review)
Content Type: Article
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Edited by: Tanya J. Maurer - Oct 22, 2012 - 4:44 PM PDT

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Randy Morrow
3.8
 by Randy Morrow - Oct. 24, 2012

Bain Capital appears to have benefited from a provision in the U.S. tax code that grants companies tax breaks for costs associated with offshoring American jobs. Bain ... More »

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Tanya J. Maurer
4.7
 by Tanya J. Maurer - Oct. 22, 2012
Tanya posted this story.
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