Sunday, August 26, 2012

MITTEN$ IS DOOMED

Mitt Romney can't wiggle his way out of his tax problem and he can't stop lying about his taxes, either.

HuffPo just caught him in a new lie about his involvement with Bain Capital:
Mitt Romney Reaped Huge Tax Benefits Based On 'Active' Role At Bain Capital
Posted: 08/26/2012 12:45 am Updated: 08/26/2012 3:44 pm

"As we have said many times before, Governor and Mrs. Romney's assets are managed on a blind basis. They do not control the investment of these assets. The investment decisions are made by a trustee," spokeswoman Michele Davis said.

But according to his 2010 tax return, when the Internal Revenue Service comes calling in April, Romney has a different answer: The presumptive GOP nominee reaps lucrative tax breaks for "active" participation in the private equity firm he founded, as well as a host of other investments.

Even if Romney could persuade the IRS his involvement was legitimately active, that still leaves him in a rhetorical jam: For tax purposes, he claims an active status; for political purposes, he claims to have zero to do with the investments.

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