Joined Nov 11, 2007
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Gawker and Bain Love the Caymans for Tax Avoidance

Is it just me, or does the Left hold all the patents on hypocrisy?

Gawker has an interesting headline up: “Inside Mitt Romney’s Tax-Dodging Cayman Schemes.” The gossip site also has released some 950 pages of material related to Mitt Romney’s investments, mostly having to do with Bain Capital. In Gawker’s own words: “Together, they reveal the mind-numbing, maze-like, and deeply opaque complexity with which Romney has handled his $250 million fortune.”

Most respectable publications maintain a fairly strict church/state division between the editorial side and the business side, and Gawker, a not very respectable publication, seems to do the same. Apparently, nobody thought to tell the boys on the Romney beat that Gawker Media is part of a shell company incorporated in the Cayman Islands. Gawker’s money lives in the same neighborhood as Romney’s money. Call it bipartisanship.

Read the rest here.

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