Luddly Neddite
Diamond Member
- Sep 14, 2011
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Mitt Romney Benefited From Offshoring Tax Break In 2001 While Listed As Bain CEO
I wonder if anyone caught this earlier. Is it an old lie or a brand new one by virtue of not having been caught before?
The tax perk available to Bain while under Romney's leadership conflicts with the Republican candidate's comments at the first presidential debate of 2012.
"You said you get a deduction for getting a plant overseas," Romney said, addressing Obama. "Look, I've been in business for 25 years. I have no idea what you're talking about. I maybe need to get a new accountant." A moment later, Romney added, "The idea that you get a break for shipping jobs overseas is simply not the case."
I wonder if anyone caught this earlier. Is it an old lie or a brand new one by virtue of not having been caught before?