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Brewinblue

(392 posts)

6. Actually, his reported foreign income seems low.

Reply to snooper2 (Original post)

Sat Aug 4, 2012, 03:24 AM

Aug 2012

About 10% of his US source income. Considering how much he is thought to have invested overseas (hundreds of millions) I suspect that he was and may still be hiding a lot of income earned in "safe-haven" nations like Bermuda, Switzerland, and the Cayman Islands, illegally to boot.

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Romney paid a shitload of foreign taxes in 05', 06' and 07' [View all] snooper2 Aug 2012 OP

Ya mean, that Rmoney cared more for furriners cap Aug 2012 #1

Ya mean our laid off public servants cap Aug 2012 #2

Pretty much anyone who has a portfolio, even just a mutual fund, will somewhere along the way WCGreen Aug 2012 #3

I did not know this, thanks. part man all 86 Aug 2012 #4

Thanks for the great explanation. What about a U.S. company that does a lot of business overseas? progree Aug 2012 #5

An American company that pays overseas taxes has that deducted before the amount is WCGreen Aug 2012 #7

Thanks!! So Mitt Robme, job-creator-in-chief candidate has a lot of investments in foreign companies progree Aug 2012 #8

Actually, his reported foreign income seems low. Brewinblue Aug 2012 #6