Quick Romney thought

You know how everyone’s always going on about how tax cuts for the top means they’ll create jobs?

Just out of curiosity, how is Mitt Romney’s $250mil or so, most of it sitting in offshore bank accounts, create jobs? Seems to me that when Mitt gets tax cuts, he takes the extra money and just sits on it. Weird.


One response to “Quick Romney thought

  1. If his total wealth is about $250 millions and his 2010 income was $21.6 million, that means he was earning about 8.6% on investments.  The money is not sitting in bank accounts, which pay very low interest rates.  

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