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Mitt Romney and Legal Money Laundering and Legal Tax Loopholes

Supposed business leader Mitt Romney may not be the money marvel and budgeting genius that his supporters make him out to me. After reading the LA Times today, it seems that he may have mastered one thing: knowing about government’s tax loopholes, and taking advantage of them. I own corporations myself, and there are many legimate ways to save on taxes. I only use the moral ones, though.

The LA Times article alleges the following: “But aides to the Republican presidential hopeful and former colleagues acknowledged that the tax-friendly jurisdictions helped attract billions of additional investment dollars to Romney’s former company, Bain Capital, and thus boosted profits for Romney and his partners.”

Read the rest of this article at the Sling the Mud site.