Friday, January 20, 2012

ABC News: Mitt's Millions In Cayman Islands. Romney Campaign denies tax shelter. (with TRMS video)

Politically, Thursday was a roller-coaster of a day, with some GOP Presidential Primary candidates riding Upwards and some tumbling Down:

"No Newt Is Good" Newt Gingrich rode the crest of the wave whilst "Mr. 1%" Mitt, uh, didn't.

On Wednesday, ABC News reported that the Multimillion $ Mitt (who admitted to lounging in the shallow end of the tax pool: paying only 15%) stashed Million$ of his Million$ offshore... in the Cayman Islands.

After the AP ran with the story today, Mr. Romney's campaign came out and confirmed the veracity of the Mitt's Million$ / Cayman Islands report and then quickly added that the former Governor has "... never used the location as a tax haven".

Sure. {*nudge*nudge} Whatever you say. {*wink*wink}

I'm sure he has a very simple explanation for the Cayman Islands Million$...

Perhaps something like: Mitt just felt that those millions of dollars had earned a well-paid, extended and tax-free vacation(?).

Enjoy this brief clip from Thursday's The Rachel Maddow Show:

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