Republican presidential candidate Mitt Romney has been hesitant to disclose his tax records and personal finances, and now it might be clear why: the former Massachusetts Governor has hidden tens of millions from the U.S. Treasury in secret offshore accounts in the Cayman Islands, according to ABC News.
Offshore accounts used as so-called “tax havens” cost the U.S. over $100 billion a year, and are commonly utilized by the wealthiest citizens and corporations as a means of avoiding U.S. taxes on lucrative profits.
You know, the Republicans love finding excuses to deny or revoke an American's citizenship if they don't wave the flag properly or worship a god other than the "approved" white christian one. How about we start jerking citizenship from these rich assholes who hide their money offshore instead of making their appropriate contribution to keep this country, their country, running? They pay little enough in taxes as it is, how about, at the very least, we close the loophole that allows them to pull these frauds?