01.17.12 | 5:52 pm
Is It Even 15%?
A very interesting nugget down deep in this Reuters piece on Romney’s taxes.
Tax analysts say Romney may have good reason to be reluctant to release his returns.
His vast fortune is invested in dozens of funds linked to Bain Capital LLC, the powerhouse private equity firm he co-founded and led for 15 years. Several Bain funds have offshore connections and take advantage of tax breaks used only by the U.S. financial elite.