Share this on:
 E-mail
152
VIEWS
 
RECOMMENDS
0
SHARES
About this iReport
  • Not vetted for CNN

  • Click to view k3vsDad's profile
    Posted May 2, 2012 by
    k3vsDad
    Location
    Farmersburg, Indiana
    Assignment
    Assignment
    This iReport is part of an assignment:
    Election 2012: Your stories

    More from k3vsDad

    Team Obama Tracks Romney's Foreign Bank Accounts

     

    In  a new campaign tactic some will say is a continuation of "class  warfare" and a "war on the rich", the re-election team of President  Barack Obama is now mapping out where presumptive Republican  presidential nominee Mitt Romney or his wife and family have foreign  bank accounts. The campaign is calling for voters to contact Romney to  move his money out of those foreign accounts and into US banks.

    Its website now displays a world map that tags the countries where Romney has holdings.

    The headline reads "Tell Mitt Romney: Bring your offshore accounts back to the USA."

    Romney  has accounts or family trusts in Ireland, Bermuda, Germany, Luxembourg,  Australia, the Cayman Islands and Switzerland, according to the map.

    "We  don't know if he's using these accounts to avoid paying his fair share  in taxes, but we do know that in 2010, Romney's tax rate was a  startlingly low 13.9%," says the Obama website. "This means Romney pays a  lower tax rate than many teachers, firefighters, police officers, and  other middle-class Americans -- even a lower rate than most other  millionaires."

    "Americans know they are working harder for less  every day. But President Obama has lost touch with the people he was  elected to serve and now is lashing out with desperate attacks," said  Romney spokesperson Amanda Henneberg.

    "The American people have suffered enough over the last three years and deserve better," she said.

    http://content.usatoday.com/communities/theoval/post/2012/05/obama-maps-romneys-foreign-investments/1?csp=34news&utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+UsatodaycomWashington-TopStories+(News+-+Washington+-+Top+Stories)#.T6HBaFIf-Sp

    Romney's  funds are managed in blind trusts. The administrators of those trusts  make the decisions on where to invest and where the accounts are set-up.

    Does it matter if Romney's wealth or that of his wife and family are in US banks versus foreign banks?

    Will this determine the election?

    Do most voters care what accounts a candidate has?

    From the Cornfield, this does seem to be a distraction from more pressing issues facing the nation and the American people.

    Want to see the map?

    http://barackobama.com/mitt-romney-offshore-accounts/

    What do you think of this story?

    Select one of the options below. Your feedback will help tell CNN producers what to do with this iReport. If you'd like, you can explain your choice in the comments below.
    Be and editor! Choose an option below:
      Awesome! Put this on TV! Almost! Needs work. This submission violates iReport's community guidelines.

    Comments

    Log in to comment

    iReport welcomes a lively discussion, so comments on iReports are not pre-screened before they post. See the iReport community guidelines for details about content that is not welcome on iReport.

    Add your Story Add your Story