{"id":7852,"date":"2012-08-24T09:58:25","date_gmt":"2012-08-24T16:58:25","guid":{"rendered":"http:\/\/www.newscorpse.com\/ncWP\/?p=7852"},"modified":"2012-09-04T02:37:09","modified_gmt":"2012-09-04T09:37:09","slug":"mitt-romney-blasts-businesses-for-using-off-shore-tax-havens","status":"publish","type":"post","link":"https:\/\/www.newscorpse.com\/ncWP\/?p=7852","title":{"rendered":"Mitt Romney Blasts Businesses For Using Off-Shore Tax Havens"},"content":{"rendered":"

In a monumental display of [Pick One:]<\/em> 1) Irony; 2) Hypocrisy; 3) Arrogance; 4) All of the Above; Mitt Romney unloaded two barrels of hollow-point criticism at businesses<\/a> who use foreign tax shelters to shield their income from U.S. taxes.<\/p>\n

Romney:<\/strong> “We’ve got to make it easier for small businesses. Big business is doing fine in many places – they get the loans they need, they can deal with all the regulation. They know how to find ways to get through the tax code, save money by putting various things in the places where there are low tax havens around the world<\/strong> for their businesses. But small business is getting crushed.”<\/p><\/blockquote>\n

\"SwissThat’s the same Mitt Romney who fails to acknowledge how he has benefited from similar financial shenanigans. The same Romney who refuses to release his tax returns. The same Romney who steadfastly defends the tax manipulations he engaged in, at least when he will admit to them.<\/p>\n

Romney was speaking to a private group of supporters at a fundraiser in Minnesota yesterday. He seemingly is unaware of the hypocrisy in his remarks, as well as the tone-deaf insensitivity to the majority of Americans who cannot take advantage of the loopholes that people like Romney have created for themselves. And while he lambastes big businesses for exploiting the tax code and foreign stash accounts, he has yet to propose any reforms that would address the matter.<\/p>\n

Also notable in his remarks is the statement that “big business is doing fine.”<\/em> When President Obama made a similar remark about the private sector, Romney and his surrogates plucked it of its original context and misrepresented the President as having said that the economy overall is fine. How would Romney respond if Democrats were to do the same thing with this comment? And Democrats would not even have to obscure the context because Romney actually did say this without qualification.<\/p>\n

If big business is doing so well, then why aren’t they hiring? Romney’s assessment is a direct contradiction of his previous analysis of the economy. He has been adamant that Obama’s stewardship of the economy has failed and that a course correction would produce more prosperity and jobs. But now, before a freindly audience of wealthy donors he hails the success of businesses but fails to explain why the prosperity and jobs have not followed.<\/p>\n

In these remarks Romney has demonstrated that he is a poor judge of economic affairs and astonishingly lacking in self-awareness as he castigates others for exploiting off-shore tax shelters that he uses himself. No wonder he so obstinately refuses to level with the American people about his tax returns. And next week he will enter the GOP convention with the theme “We Built That,”<\/em> but will decline to acknowledge that the facility hosting the event was built with a majority (62%) of government funds.<\/p>\n","protected":false},"excerpt":{"rendered":"

In a monumental display of [Pick One:] 1) Irony; 2) Hypocrisy; 3) Arrogance; 4) All of the Above; Mitt Romney unloaded two barrels of hollow-point criticism at businesses who use foreign tax shelters to shield their income from U.S. taxes. Romney: “We’ve got to make it easier for small businesses. Big business is doing fine […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[152,1],"tags":[260],"class_list":["post-7852","post","type-post","status-publish","format-standard","hentry","category-election","category-general","tag-mitt-romney"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p4Ijg-22E","jetpack-related-posts":[{"id":7762,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7762","url_meta":{"origin":7852,"position":0},"title":"If Mitt Romney Thought Paul Ryan Would Change The Subject From Taxes…","author":"Mark NC","date":"8\/12\/2012","format":false,"excerpt":"Much of the media is heralding Mitt Romney's selection of Wisconsin representative Paul Ryan to be his running mate as a significant \"reset\" of the Romney campaign. But these people might want to think again before they shake the Etch-a-Sketch. First of all. the clamor for Romney to release more\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7605,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7605","url_meta":{"origin":7852,"position":1},"title":"The Swiss Boating Of Mitt Romney: A CNN Fable","author":"Mark NC","date":"7\/17\/2012","format":false,"excerpt":"When you hear the right complain, as they always do, about the so-called liberal media, keep in mind the fact that Fox News is the most watched cable news network, that the Wall Street Journal is the largest national newspaper, that talk radio is dominated by conservatives, and that the\u2026","rel":"","context":"In "Economy"","block_context":{"text":"Economy","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=219"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7501,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7501","url_meta":{"origin":7852,"position":2},"title":"GOP Can’t Make Up It’s Mind On ObamaCare","author":"Mark NC","date":"7\/4\/2012","format":false,"excerpt":"Eric Fehrnstrom, Romney spokesman: \"The governor believes that what we put in place in Massachusetts was a penalty and he disagrees with the court's ruling that the mandate was a tax.\" Reince Priebus, Republican Party Chairman: \"Our position is the same as Mitt Romney's position. It's a tax.\" There is\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7615,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7615","url_meta":{"origin":7852,"position":3},"title":"Not So Breitbart: The Stupidest Defense Of Mitt Romney’s Tax Return Stonewall Yet","author":"Mark NC","date":"7\/18\/2012","format":false,"excerpt":"If you were waiting for a slam-dunk idiotic justification for allowing Mitt Romney to continue to conceal his tax returns, your wait is over. And the source of this numbskullery is just who you might have guessed. John Nolte of Breitbart News posted an item today headlined, \"Romney Would be\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7743,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7743","url_meta":{"origin":7852,"position":4},"title":"Are You F@&king Kidding Me? Romney Wants False Ads Pulled","author":"Mark NC","date":"8\/9\/2012","format":false,"excerpt":"I haven't laughed this hard since the Etch-a-Sketch debacle: Mitt Romney: \"You know, in the past, when people pointed out that something was inaccurate, why, campaigns pulled the ad,\" Romney said on the Bill Bennett radio show. \"They were embarrassed. Today, they just blast ahead. You know, the various fact\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":7540,"url":"https:\/\/www.newscorpse.com\/ncWP\/?p=7540","url_meta":{"origin":7852,"position":5},"title":"Did Mitt Romney Lie To The SEC About His Management Of Bain Capital?","author":"Mark NC","date":"7\/10\/2012","format":false,"excerpt":"Mitt Romney's core argument for supporting his candidacy for president is the assertion that his business experience has prepared him to deal with the economic challenges that the country faces. But that case is muddled by the many unanswered questions about his past that he refuses to reveal. Unlike his\u2026","rel":"","context":"In "Election"","block_context":{"text":"Election","link":"https:\/\/www.newscorpse.com\/ncWP\/?cat=152"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]}],"_links":{"self":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/7852","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=7852"}],"version-history":[{"count":7,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/7852\/revisions"}],"predecessor-version":[{"id":7921,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=\/wp\/v2\/posts\/7852\/revisions\/7921"}],"wp:attachment":[{"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=7852"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=7852"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newscorpse.com\/ncWP\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=7852"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}