A news article yesterday reported information showing that Mitt Romney remained in charge of Bain Capital for three years after he says he left -- which means he was at the helm of the buyout firm during deals that led to layoffs, bankruptcies and sending American jobs overseas. It's a significant detail that raises questions about Romney's claims.
And when combined with news about his Swiss bank account, his other offshore accounts in the Cayman Islands and Bermuda, and his refusal to release multiple years of tax returns, the need for more transparency has never been clearer.
He did release one, single year of returns, and from what they tell us, Romney paid a rate much lower than what many teachers, firefighters, police officers, and other middle-class Americans pay, although his personal worth -- and what he makes in a year -- is much higher than the average American.
Take a look at this new tool we put together, and see how much less you would pay if you enjoyed Mitt Romney's special rate:
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What's worse is that if he is elected in November, Mitt Romney's plan would give another $X trillion in tax cuts weighted towards millionaires like himself, while raising taxes on the middle class.
President Obama has repeatedly supported tax cuts for the middle class -- and has championed the Buffett Rule, which would require millionaires and billionaires to pay their fair share.
So head to www.WhatMittPays.com to see how Mitt Romney's tax rate compares to your own -- then pass it on.
Thanks,
Patrick
Patrick Gaspard
Executive Director
Democratic National Committee
P.S. -- We know Romney has bank accounts around the world. Is he avoiding taxes? Is he betting against our economy? Check out this video about where his money really is:[url]
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