Monday, January 9, 2012

ABC: Romney Avoids U.S. Tax by Using Offshore Bank Accounts

According to ABC News, Mitt Romney -- worth at least a quarter of a billion dollars -- is avoiding U.S tax by using offshore bank accounts. He has refused to release his tax returns.

In other news, the FBI may be investigating Romney's old company Bain Capital. According to this source, about two weeks ago, the FBI evoked FOIA exemption 7(a) and denied access to all Bain Capital records on the grounds that "there is a pending or prospective law enforcement proceeding relevant to these responsive records; and that release of the information contained in these responsive records could reasonably be expected to interfere with the enforcement proceedings." (original FBI letter here.)

(Thanks to Reddit.)

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