[aMorePerfectUnion]

papa,

“The Los Angeles Times recently revealed Romney utilized shell companies and two offshore tax havens in Bermuda and the Cayman Islands to help eligible investors avoid paying US taxes. The tax-friendly jurisdictions helped attract billions of investment dollars to Bain Capital.”

This would make Mitt a “Tax Traitor” in the commercials.

Truthfully, how would Mitt have any credibility when he
is circumventing the tax code and helping others do this
while he lays off 100,000 people to line his pockets???

He will be eviscerated... and that means he’ll lose big.

ampu

[flaglady47]

“He will be eviscerated... and that means he’ll lose big.”

Don’t you wish. If you think Romney did anything against the law in his business dealings, you are living in an alternate world. Romney isn’t a lawyer along with being a businessman for nothing. And that’s what this alleged “shell company” crap will come to, nothing. It’s the Los Angeles Times, for goodness sake. Consider the source.

[papasmurf]

It gets worse, trust me, much worse.

Before the DUmmies get through with him, he’ll look like a voodoo doll used by the Haitian Army.

[the808bass]

Truthfully, how would Mitt have any credibility when he is circumventing the tax code and helping others do this while he lays off 100,000 people to line his pockets???

Are you sure you're in the right place? This is a conservative forum. It doesn't say he was circumventing the tax code. It appears the investors were taking advantage of things in the tax code, not circumventing it. That's just good sense. If I had money and I wanted to avoid paying 40% of what I made in taxes, I might be looking into Cayman banks, too. And if a company is struggling, they might need to lay some people off to become profitable. Companies do not exist to give people jobs. They exist to PRODUCE goods and services. If they don't do that efficiently, they DIE.

[tortdog]

>Truthfully, how would Mitt have any credibility when he
is circumventing the tax code and helping others do this
while he lays off 100,000 people to line his pockets???

What is wrong with tax avoidance? The article says that Bain Capital helped investors who “qualified” to minimize their U.S. income tax.

Since when is paying more tax than the law requires a sign of intelligence?