Mitt and Ann Romney’s tax return from 2010 was disclosed to potential voters this past week but it turns out those returns are missing at least 23 funds and partnerships that Mitt Romney has established all over the world.
Among his August filing to prepare for a presidential run Romney failed to showcase funds and partnerships that are located mainly in low-tax countries including Bermuda, the Cayman Islands and Luxembourg.
In response to allegations that he has hidden part of his income the Romney campaign has called the funds and partnerships “trivial” while acknowledging that Mitt Romney has paid all taxes owed by him under US tax laws.
In the meantime the Romney campaign has promised to review all documents and provide “some minor technical amendments.”
The Los Angeles Times reports that the missing files at this time appear to be caused by differences between IRS and Office of Governmental Ethics reporting. It’s the former committee to which presidential candidates must disclose their personal finances.
In the meantime critics of the Romney campaign say new discrepancies show how far out of touch the former Massachusetts governor has become from the financial realities most Americans face.
According to a Romney spokesperson:
“The inescapable fact is that by releasing over 600 pages of information regarding his finances, Mitt Romney is clearly coming down on the side of disclosure.”
After admitting to using nearly $100,000 in taxpayer dollars to destroy all records from his governorship any type of new “hidden” discoveries serve only to hurt Romney’s political campaign.
Do you think Romney is hiding financial facts on purpose?
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