Romney Parks Millions In Offshore Haven

Romney Parks Millions In Offshore Haven: Although it is not clear on his financial disclosure form information, Mitt Romney has millions of dollars of his own money into investment funds established in the Cayman Islands, the notorious tax havens in the Caribbean.

Spokesman of the campaign said Romney Romney follows all current tax and will pay the same taxes, regardless of where the funds are based.

As a race heats up the Republican nomination Mitt Romney is finding it increasingly difficult to maintain the veil of secrecy around the details of his vast personal fortune, including both ABC News discovered, investing in funds located abroad and the ability to pay lower tax rates.Read More...