Democrats want Romney to explain offshore accounts

Return To Article
Add a comment
  • Baron Scarpia Logan, UT
    July 10, 2012 8:38 a.m.

    The bottom line is the lack of transparency with Mitt's finances. Yes, it is perfectly legal to stash money off shore to avoid paying U.S. taxes, but it does put a focus on one's character and integrity as a presidential nominee. Can you imagine if Ronald Reagan had stashed money off shore to avoid taxes?

    A presidential nominee needs to be held to a higher standard than the average rich American. The rich are focused on themselves. A president must put his focus on the country, on the middle class.

    Yes, the economy is the main campaign issue. But character and integrity matter as well.

  • worf Mcallen, TX
    July 9, 2012 4:33 p.m.

    Could Obama explain:

    * two and a half billion to Brazilian off shore drilling
    * five billion to Finland and Mexico for building new auto plants
    * a billion spent for a vacation to India. A half billion for a vacation to Hawaii.
    * five hundred million dollars wasted on Solydra.
    * why it took so long to provide a birth certificate.
    * why we can't compare college transcripts

  • Whos Life RU Living? Ogden, UT
    July 9, 2012 1:50 p.m.

    To, Tyler McArthur

    "... and I want Obama to explain why he and his wife both lost their law licences due to charges he lied on the bar application and insurance fraud. But tit-for-tat spitting matches aren't going to get us anywhere. Let's focus on politics."


    Try using snopes.

  • NotBuyingIt MIDVALE, UT
    July 9, 2012 11:05 a.m.

    Obama is trying desperately to deflect attention away from the fact that not only have his policies failed to FIX ANYTHING, they have increased our national debt by more than 60% in less than four years......

  • JSB Sugar City, ID
    July 9, 2012 8:16 a.m.

    re Lost in DC. You make a good point. Anyone who has a 401K and wants the investment managers to make wise investments but who complains about Romney's investments is a hypocrite. Kennedy inherited his wealth and no one complained. Kerry married his and no one complained. Romney earned his and liberals are screaming mad. It makes no sense.

  • lost in DC West Jordan, UT
    July 9, 2012 7:54 a.m.

    how many of you Romney haters and class warfare instigaters have retirement accounts or mutual funds? I bet dollars to donuts there are some international investments included in those funds. The ONLY reasons you complain are because he's a repub and you envy his success.

  • Mountanman Hayden, ID
    July 9, 2012 7:37 a.m.

    @DSB.. Well said and spot on! Why doesn’t the hypocritical left ask Nancy Pelosi about her massive wealth?

  • DSB Cedar Hills, UT
    July 9, 2012 12:35 a.m.

    williary - you're joking, right? Clearly, wealth is only immoral if you're Republican. When did any of the Kennedy's, or John Kerry have to explain their wealth? Or rich and stingy Joe Biden for that matter. I've never heard Republicans denigrate rich Democrats because of their wealth. Republicans don't care about the wealth of Democrats, except as a weapon to point out their shameless and utter hypocrisy.

  • county mom Monroe, UT
    July 8, 2012 10:45 p.m.

    Why should I be angry for what Mitt Romney is doing with his money? President Obama has no problem spending my money, that worries me much more!

  • Bee Careful Kaysville, UT
    July 8, 2012 9:59 p.m.

    Maybe Mr. Obama can explain who paid for his degrees from Columbia and Harvard? Not cheap places to get a degree. Maybe he can release his college transcripts, applications for admittance, etc. Why have these never been released? Maybe Mr. Obama can explained why he voted "present" on so many bills while a senator? Was it to avoid having a track record? Did his handlers tell him not to be pinned down since they were "grooming" him to become president? Who bankrolled him from high school onward. Where are his school records from Kenya? Why does he have SS numbers from states where he never lived? Many questions need to be answered. Will our news media do their job regarding these questions? No likely.

  • Red Salt Lake City, UT
    July 8, 2012 9:55 p.m.

    you can have all the off shore accounts you want. You just have to report income for taxes.

    If they Democrats and their socialist agenda get their way they would want to Nationalize all the banks anyway.

    Better to Keep some cash elsewhere.

    America is Free. Let's keep it that way.

  • Tyler McArthur South Jordan, UT
    July 8, 2012 9:39 p.m.

    ... and I want Obama to explain why he and his wife both lost their law licences due to charges he lied on the bar application and insurance fraud. But tit-for-tat spitting matches aren't going to get us anywhere. Let's focus on politics.

  • m.g. scott LAYTON, UT
    July 8, 2012 8:58 p.m.

    If I had that kind of money, I'd probably try to keep some of it off shore too. And I'd put some of it in things like gold, and some foreign currency. All to keep from having all my eggs in one basket. There is no guarantee that the U.S. dollar is going to survive with the debt we are growing.

    While we're asking for explanations from Romney, I'd like to suggest Obama explain why all of his college records have been hidden.

  • liberate Sandy, UT
    July 8, 2012 8:35 p.m.

    This is a pretty sad commentary on the state of our country when a person who abides by all laws and requirements and gives generously to charities, even when excluding the Mormon Church, is excoriated by the media and Obama campaign for a successful career.

    Obama has really been a disappointment in so many ways, not the least of which has been his unwillingness to focus on the key issues at hand. It's clear this guy is in over his head and more than anything is seeking fame and fortune with his celebrity presidency while the average American becomes worse off day by day.

    This all said, I agree that Romney has done an absolutely horrendous job of explaining what private equity is, why its form of free market practices is practical and necessary, and why it doesn't matter whether jobs were created or eliminated in the companies he worked with. Romney had an objective: to maximize returns for investors. This he did very well. Had he fleeced the majority of companies in which he invested, he ultimately would have failed.

  • Mark B Eureka, CA
    July 8, 2012 8:23 p.m.

    Williary is right. Two words is all you need to see what's happening, and the first word is "tax".

  • williary Kearns, UT
    July 8, 2012 7:56 p.m.

    What's to explain, it's pretty simple. Mitt has more money than he knows what to do with it, all made from a Gordon Gecko business he ran years ago. He hides money in overseas accounts to avoid paying taxes on that money. Not unique, everyone with as much money as Mitt does it. Not illegal, afterall the tax code was written by wealthy people. Immoral, only if he was a Democrat! Not sure what else there is to discover. If Americans don't understand that Mitt is the poster child for the 1%, they haven't been paying attention, and I don't think this instance will sink in if everything else hasn't.

  • Brother Chuck Schroeder A Tropical Paradise USA, FL
    July 8, 2012 5:36 p.m.

    Is the Uglund House Romney's second home?. What's in a slogan. "Believe in America?." Hey Mitt Romney, where's the GOP jobs?. It will take 219,000 net new jobs a month for unemployment rate to be below 8% on Election Day if current participation rate holds steady. The U.S. work force remains shrunken with just 58.6% employed. Employment is growing but it is not growing fast enough given the jobs deficit caused by the deep recession. Washington and Wall Street have recklessly pushed the United States into the greatest financial bubble in American history. And unfortunately we are far beyond the point of no return. I m NOT a shill for Mitt Romney and claim allegiance to no political party. No organization owns my vote, I will give it to whoever I feel will serve the nation best regardless of the letter next to their name. It was the Koch Brother's that killed jobs and the economy for the past 12 years, so why should we re-elect their friends in 2012 again?. Romney "SHOULD" explain all his hidden offshore accounts. I am not here to make excuses for the shortcomings of Bush.