Sunday, July 8, 2012

Top Democrats Hammer Romney Over Swiss Bank Account

http://www.huffingtonpost.com/2012/07/08/romney-swiss-bank-account-offshore-tax-havens_n_1657225.html

Democrats repeatedly attacked Mitt Romney for his secretive offshore financial arrangements on Sunday, on the heels of a major Vanity Fair story detailing the presumptive Republican presidential nominee's Swiss bank account and various holdings in the Caribbean.

Although Romney has closed the Swiss bank account and insists he paid normal U.S. taxes on all of his financial arrangements, both he and his GOP allies have had trouble explaining why Romney orchestrated such complex financial holdings in secretive tax-haven nations.

Mississippi Gov. Haley Barbour (R), also appearing on "Face the Nation," did not respond directly to Durbin's discussion of Romney's tax status, shifting the discussion to President Barack Obama's economic record, and the weak economic recovery.

Appearing on ABC's "This Week," Louisiana Gov. Bobby Jindal (R) countered criticism of Romney's financial holdings by attempting to associate them with his career in private equity.

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