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Wednesday, August 29, 2012

Mitt Romney's Tax Mysteries: A Reading Guide

Pro Publica:  Mitt Romney’s Tax Mysteries: A Reading Guide:

Last week, the website Gawker published more than 900 pages of documents from Bain Capital, the private equity firm Mitt Romney founded, and headed from 1984 until 1999. The document dump didn't reveal much about Romney's personal investments, but it added a bit more to the pressure on Romney to release more of his tax returns. Romney and his wife Ann have repeatedly rebuffed such calls. In a primary debate in January, Romney said he'd paid "all the taxes that are legally required and not a dollar more."

So what do we know about how he avoided that extra dollar? For an overview of the questions surrounding Romney's tax strategies, see Vanity Fair's comprehensive story Where the Money Lives, and this [plus this] commentary from tax lawyers Edward Kleinbard and Peter Canellos. We've also rounded up the best reporting on the central controversies.

  • What's Been Disclosed?
  • Romney's Bain Career
  • Romney's Tax Rate
  • Overseas Accounting
  • Romney's Children's Trust
  • Romney's Enormous IRA
  • Blind Trusts
  • Rafalca the Horse

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