{"id":2731,"date":"2012-10-02T09:18:20","date_gmt":"2012-10-02T13:18:20","guid":{"rendered":"http:\/\/therationalprogressive.com\/cms\/?p=2731"},"modified":"2012-10-02T09:18:20","modified_gmt":"2012-10-02T13:18:20","slug":"what-mitt-romney-got-from-offshore-investments","status":"publish","type":"post","link":"http:\/\/therationalprogressive.com\/cms\/2012\/10\/what-mitt-romney-got-from-offshore-investments\/","title":{"rendered":"What Mitt Romney got from offshore investments"},"content":{"rendered":"<p>The New York Times\u2019 Michael Luo\u00a0and Mike McIntire\u00a0report\u00a0that Mitt Romney\u2019s use of offshore accounts in the Cayman Islands have enabled both\u00a0his\u00a0individual retirement account\u00a0and\u00a0Bain Capital to avoid taxes.<\/p>\n<blockquote><p>Some of the offshore entities enabled Bain-owned companies to sidestep certain taxes, increasing returns for Mr. Romney and other investors. Others helped Bain attract foreign investors and nonprofit institutions by insulating them from taxes, again augmenting Mr. Romney\u2019s bottom line, since he shared in management fees based on the size of each Bain fund.<\/p><\/blockquote>\n<p><strong>MORE<\/strong>:\u00a0<a href=\"http:\/\/www.washingtonpost.com\/blogs\/election-2012\/wp\/2012\/10\/02\/what-romney-got-from-offshore-investments\/\" target=\"_blank\">What Mitt Romney got from offshore investments<\/a>.<\/p>\n<p>&nbsp;<\/p>\n<hr\/>\n","protected":false},"excerpt":{"rendered":"<p>The New York Times\u2019 Michael Luo\u00a0and Mike McIntire\u00a0report\u00a0that Mitt Romney\u2019s use of offshore accounts in the Cayman Islands have enabled both\u00a0his\u00a0individual retirement account\u00a0and\u00a0Bain Capital to avoid taxes. Some of the offshore entities enabled Bain-owned companies to sidestep certain taxes, increasing returns for Mr. Romney and other investors. Others helped Bain attract foreign investors and nonprofit&#8230;<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[4,22],"tags":[],"_links":{"self":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/2731"}],"collection":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/comments?post=2731"}],"version-history":[{"count":1,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/2731\/revisions"}],"predecessor-version":[{"id":2732,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/posts\/2731\/revisions\/2732"}],"wp:attachment":[{"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/media?parent=2731"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/categories?post=2731"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/therationalprogressive.com\/cms\/wp-json\/wp\/v2\/tags?post=2731"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}