The Obama campaign doubled down on its attacks against Mitt Romney’s personal wealth today, releasing a new online video that slams the Republican presidential candidate over his offshore financial holdings in known tax havens.
The video, which features Obama’s campaign press secretary Ben LaBolt, makes some pretty bold claims, basically accusing Romney of using a Bermudan shell corporation to dodge U.S. taxes and hide the extent of his personal fortune.
While the attacks are so far unsubstantiated, the video does raise three interesting questions that Romney has yet to answer about his offshore holdings:
- Does the Romney family still own the Bermudan shell corporation in question, and if so why won’t Romney’s campaign admit it?
- Why did Romney transfer ownership of this corporation to a blind trust in his wife’s name the day before he was sworn in as governor?
- What taxes would Romney have paid if his money was invested in the U.S.?
Speaking for the 1 percent, the Romney campaign responded by saying that it was “unseemly and disgusting” to ask about the disposition of Mitt Romney’s wealth.