Romney Operates in a Financial Grey Area

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Overview of this Controversy


Date Originated: July of 2012
Categories: Taxes & Mitt Romney
While not breaking any laws, Romney, in the course of amassing his wealth, has operated in a grey area. He has exploited every possible tax loophole imaginable. Romney has also built up his IRA on these questionable loopholes have allowed him to inflate his IRA to well over $100 million which he has invested in numerous tax free off shore accounts in places such as the Caymans.
Source: http://www.vanityfair.com/politics/2012/08/investigating-mitt-romney-offshore-accounts
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