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

Posted by | August 26, 2012 20:04 | Filed under: Top Stories

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.

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By: Alan

Alan Colmes is the publisher of Liberaland.

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