Saturday, November 3, 2012

Romney Avoids Taxes via Loophole Cutting Mormon Donations- Bloomberg

Romney's CRUT, which is only a small part of the $250 million that Romney's campaign cites as his net worth, has been paying him 8 percent of its assets each year. As the Romneys have received these payments, the money that will potentially be left for charity has declined from at least $750,000 in 2001 to $421,203 at the end of 2011.

More:
http://mobile.bloomberg.com/news/2012-10-29/romney-avoids-taxes-via-loophole-cutting-mormon-donations.html

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