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Author Topic: Lawmakers want to know how Mitt Romney built a $100+ million IRA  (Read 92 times)

Offline kentay

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Re: Lawmakers want to know how Mitt Romney built a $100+ million IRA
« on: August 07, 2012, 08:40:12 am »
No Italian Accounts?http://www.sfgate.com/business/bloomberg/article/Romney-Persona-Non-Grata-in-Italy-for-Bain-s-3765066.php$1 billion in a leveraged buyout 12 years ago that remains controversial in Italy to this day. Bain funneled profits through subsidiaries in Luxembourg, a common corporate strategy for avoiding income taxes in other European countries, according to documents reviewed by Bloomberg News.

On the tax avoidance and destructive business practices front this seems pretty germane. Especially on the use of offshore accounts.

http://talkingpointsmemo.com/archives/2012/08/no_italian_accounts.php?ref=fpblg
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