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Sun Jul 8, 2012, 03:45 PM

Obama aide hints at tax evasion in challenge to Romney to release records [View all]

Source: The Guardian

Obama aide hints at tax evasion in challenge to Romney to release records

Chris McGreal in Washington
guardian.co.uk, Sunday 8 July 2012 19.58 BST

The Obama campaign has called on Mitt Romney to release years of tax returns to prove he did not break the law following claims that the Republican presidential candidate held secret accounts in foreign tax havens.

Robert Gibbs, the president's former spokesman and now a top campaign adviser, said on CNN that "nobody knows" whether Romney committed tax evasion after Vanity Fair reported that he kept parts of his multimillion dollar fortune in more than a dozen entities in Bermuda, the Cayman Islands and Switzerland.

Vanity Fair reported that among other things Romney parked some of his money in a Bermuda corporation entirely owned by him which he transferred to his wife's name the day before he became Massachusetts's governor and then failed to list it on financial disclosure forms.

-snip-

The Obama aide continued: "Nobody knows why he has a corporation in Bermuda, why he failed to disclose that on seven different financial disclosures, why he transferred it to someone else's purview the day before he became governor of Massachusetts.

-snip-


Read more: http://www.guardian.co.uk/world/2012/jul/08/romney-tax-evasion-robert-gibbs

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Reply Obama aide hints at tax evasion in challenge to Romney to release records [View all]
Eugene Jul 2012 OP
liberal N proud Jul 2012 #1
ProgressiveEconomist Jul 2012 #2
Dalai_1 Jul 2012 #3
aint_no_life_nowhere Jul 2012 #4
DallasNE Jul 2012 #6
Wellstone ruled Jul 2012 #5
berni_mccoy Jul 2012 #7
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SDjack Jul 2012 #9
Dalai_1 Jul 2012 #10
TheTruthSquad Jul 2012 #11
IndyJones Jul 2012 #12
emulatorloo Jul 2012 #13
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Skittles Jul 2012 #16
NYC Liberal Jul 2012 #18
MjolnirTime Jul 2012 #19
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Skittles Jul 2012 #17
IndyJones Jul 2012 #20
SoFlaJet Jul 2012 #21