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Mitt Romney's Tax Loopholes

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Published on Sep 4, 2012

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The Washington Post has exposed Mitt Romney's use of tax loopholes.

According to the Washington Post, Mitt Romney built up millions in an IRA and got "other tax breaks in his severance package from Bain..."

..allowing him to 'turbocharge the impact' of tax benefits 'in a way that few but the country's super-rich can ever hope to do."

"[Romney] was able to take advantage of tax benefits in innovative ways open only to a narrow slice of extremely affluent people."

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Top Comments

  • redacto

    You've got to admire Romney. He sits through Ryan's lyin' without laughing out loud, even though he can't quite keep a straight face either.

    · 33

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  • bigpabo

    Finally! I was wondering when someone was going to point out that "loopholes" comment. As soon as I heard Ryan mention loopholes, I was like "wait, shouldn't that apply to Mitt?" Total hypocrisy from coming out of these guys' mouths. Can't let these Republicans get away with this.

    · 31

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All Comments (25)

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  • TrollBuster9090

    The tax code is riddled with loopholes that were put there by lobbyists, and exploited by plutocrats, leaving regular Americans to foot the bill for government services.

    Mitt Romney has made $250 000 000 mainly by exploiting these loopholes. I seriously doubt that he'll be the one to REMOVE them, or re-write the tax code in any way that will take away the free ride that plutocrats have enjoyed for the last 30 years.

    · 14

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  • PiffStiff

    OBAMA 2012!!!

    · 6

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  • UVDan

    Beware of Democrats and Republicans. They are all PROFESSIONAL POLITICIANS. Millionaires and Lawyers looking to screw over the average American in order to support BIG BUSINESS. Democrats and Republicans are two sides of the same coin. It is a dirty,soiled currency backed by greed and corruption that will no longer purchase honest representation for the American voter and taxpayer. The true patriot is not the man who defends a corrupt government. The true patriot defends the Constitution.

    ·

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  • Sentinalh

    Someone who uses tax loopholes will not close said tax loopholes they will open even more for their own use

    · 5

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  • SHISADB

    OBAMA 2012!!!

    · 5

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  • invaderzimrox987

    First!!!!!1!!one!!!!shift1!!

    ·

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  • Jacob Zentichko

    Yet another example of how Romney is not the solution, he is the problem.

    · 8

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  • texkit1

    Romney says he loves this country but at the same time he refuses to pay his fair share of taxes. All he cares about is finding ways the government can't get to his money. If he paid his fair share of taxes he would still be super wealthy. He could still afford his many homes, boats, jet skis & car elevator.

    All of us paying our fair share of taxes is what keeps this country going with educating our children, infrastructure, military and more. Without taxes we would be a 3rd world country.

    · 8

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