Romney Failed to Disclose Swiss Bank Account Income

[piasabird]

Didnt realize the IRS had jurisdiction over Switzerland!

 

[Hayabusa Rider]

Didnt realize the IRS had jurisdiction over Switzerland!

Let's garnish his wages and freeze his bank accounts!

 

[DrPizza]

Let me see if I got that high school economics stuff right. You deposit money in the bank. You earn interest on that money. Meanwhile the bank loans that money out to businesses, or other people needing the money. (They keep about 10% back on reserve.) That way, the bank makes money, and the local economy grows.

Let's see... but when you put that money in a FOREIGN bank account. Hmmmm.

 

[Dari]

Let me see if I got that high school economics stuff right. You deposit money in the bank. You earn interest on that money. Meanwhile the bank loans that money out to businesses, or other people needing the money. (They keep about 10% back on reserve.) That way, the bank makes money, and the local economy grows.

Let's see... but when you put that money in a FOREIGN bank account. Hmmmm.

Most people that have Swiss accounts have ulterior motives. It's usually to hide something.

 

[JS80]

Most people that have Swiss accounts have ulterior motives. It's usually to hide something.

A blind trust puts <1% of your net worth in a UBS account = ulterior motive? lol

 

[Nebor]

Most people that have Swiss accounts have ulterior motives. It's usually to hide something.

Yeah, in movies that's true.

 

[Craig234]

Yeah, in movies that's true.

Movie for you to watch:

http://abcnews.go.com/blogs/busines...0-tax-cheats-have-come-forward-under-program/

Other Swiss banks have been added recently who took the business from caught banks.

Or this one:

http://www.huffingtonpost.com/2011/...billion-tax-evasion-crack-down_n_1119136.html

It's not just the movies.

 

[J-Money]

Why isn't he creating American jobs with this money? :awe:

 

[UberNeuman]

Why isn't he creating American jobs with this money? :awe:

He can't tell you, because he doesn't know?

\his honesty is in a blind trust...