Pop Quiz: Offshore Bank Accounts, Trusts, Tax Shelters

  1. profile image0
    JaxsonRaineposted 4 years ago

    We hear about it all the time, but let's talk about specifics.

    What does Romney have? Offshore bank accounts, offshore trusts, offshore tax shelters... something else?

    What are the negative impacts of said accounts/trusts/shelters?

    I would love to hear some specifics from the anti-Romney folks.

  2. Mighty Mom profile image90
    Mighty Momposted 4 years ago

    How the heck should we know what he has?
    He hasn't released his taxes.
    Oh wait!
    The taxes wouldn't show any of those anyway, because the whole purpose of hiding your money out of the country is to AVOID paying taxes on them.
    Oh wait!
    Romney doesn't even know where his money is, because it's in a blind trust.
    Oh wait again!
    “The blind trust is an age-old ruse, if you will,” Romney said. “Which is to say you can always tell a blind trust what it can and cannot do. You give a blind trust rules.”

  3. profile image0
    JaxsonRaineposted 4 years ago

    That's basically what I was expecting. Oh well.