Huffington Post: Romney Benefited From “Active” Participation In Bain Capital And Investments He Said Are In Blind Trust

Mitt Romney claims he ended his active role at Bain in 1999, and that his assets are in a blind trust, but Huffington Post reports that he reaps huge tax benefits by claiming to the IRS that his role in both is “active.” (h/t Global Grind)

…according to his 2010 tax return, when the Internal Revenue Service comes calling in April, Romney has a different answer: The presumptive GOP nominee reaps lucrative tax breaks for “active” participation in the private equity firm he founded, as well as a host of other investments.

By: Alan

Alan Colmes is the publisher of Liberaland.