Quote:
Originally Posted by Homeslice
But if Romney was just a partner of Bain Capital, then he wasn't using HIS money to invest in Dildos, he was using the collective's (Bain's) money. Same with the profits, they wouldn't go straight to him, they'd go through Bain first.
Hell, even if he was the sole proprieter at Bain, I doubt he could hide all those profits from the IRS.
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It doesn't matter whose money it is, Bain was likely paying capital gains rates, since most of their income came from returns on investment. The whole fucking thing is rigged.
Romney didn't have to worry about the IRS. Between all the lawyers and tax accounts on staff, and a convenient office in Luxembourg (a country with extremely secretive banking laws), all Bain had to do was bury the IRS in paperwork. Not even the mighty IRS has enough people to track down all the details of multiple shell companies in multiple countries.
These guys essentially build giant moats of quicksand around themselves, and dare you to walk through.
JC