We found out today that offshore investments did help Romney get as rich as he is, even though he told you otherwise. I know, you’re shocked. But not as shocked as Romney will be if this comes up at the debate tomorrow night, since he still hasn’t come clean with the American people.
One day before the first debate, Mitt Romney has failed to come clean with the American people -for months, Romney has been claiming that his offshore holdings in tax havens like Bermuda and the Cayman Islands have brought him ‘not one dollar of reduction in taxes.’
This morning, The New York Times reported that Romney’s offshore holdings have indeed benefited him financially – bolstering his IRA by avoiding taxes on its investments and possibly reducing his personal income tax bills – and they allowed Bain-owned companies to sidestep certain taxes in order to increase income for Romney and other wealthy investors.
This is just more Mystery Mitt on taxes, and this is the guy who wants you to give him the reigns to the country. Last night, Mitt Romney announced that he might indeed have a tax plan. Might, I said. Because he wasn’t committed to it. He might and the plan could, though that is hardly the same thing as saying it will. Here it is, the big plan as Romney explained it to Denver’s FOX31, prefaced by a warning that the specifics could be up to individual taxpayers, or Congress (so, what does that mean?):
“As an option you could say everybody’s going to get up to a $17,000 deduction; and you could use your charitable deduction, your home mortgage deduction, or others — your healthcare deduction. And you can fill that bucket, if you will, that $17,000 bucket that way. And higher-income people might have a lower number.”
In case you got the tingles, not so fast, because he already walked that one back:
“Or you could do it by the same method that Bowles-Simpson did it where you could limit certain deductions, but that’s the sort of thing you do with Congress.”
In other words, it sounded like he might have had a plan but not so much. This is just more veils and shell games. Might, could, or, up to Congress — this is not a specific. This is not an idea. This is not a policy. This is a word salad of nothingness supported by a ‘might’, a ‘could’ and an ‘or’. The difference is that whereas Sarah Palin really did not know what she was talking about, Mitt Romney does. He’s just trying to hide the nothingness in a Palin word salad.
The tax-dodger needs to pony up with some specifics before tomorrow night, because right now it’s looking like he just got busted using foreign accounts to avoid paying taxes while he will not tell us the actual, real specifics of his actual, real plan without qualifying and dodging it away.
The Obama camp is hardly ignoring this, so Romney should expect to be hit with it tomorrow at the debate. A new web video from OFA shows how he’s been caught hiding the truth:
Romney finished his interview with this insightful tidbit about his contempt for the 47%, “I don’t think it’s ever productive for someone like me to get into the details of how the campaign is going to cobble together the details of how someone like me is going to win an election. So when I’m talking politics and the dynamics of bringing in the number of votes I’m going to need, why, I’m talking about something that isn’t of interest to most folks.”
Did you get that? Someone like me doesn’t need to explain someone like me because it’s not interesting to most people, just ask SOMEONE LIKE ME. If that doesn’t make the Romney camp weep, I don’t know what will.
This guy is going to beat Obama tomorrow night with words? Those clouds are just the right height, also, too.
Listen to Sarah on the PoliticusUSA Pod on The Daily newsletter podcast here.
Sarah has been credentialed to cover President Barack Obama, then VP Joe Biden, 2016 Democratic presidential candidate Hillary Clinton, and exclusively interviewed Speaker Nancy Pelosi multiple times and exclusively covered her first home appearance after the first impeachment of then President Donald Trump.
Sarah is two-time Telly award winning video producer and a member of the Society of Professional Journalists.
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