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Mitt Romney Hides Millions in Cayman Islands Tax Shelter

Posted on January 19, 2012 by newsvideoclip
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According to ABC News’ Brian Ross, Mitt Romney holds up to $8 million in investments in the Cayman Islands, which he doesn’t pay taxes on. Amazingly, Romney’s campaign says he derived no tax advantage from those investments. ABC News also reported on “carried interest,” the money Romney makes off the investments of other people.

(Source: ABC News)

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