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Barack Obama: Says Mitt Romney had millions in the Cayman Islands, a tax haven.

Posted by Politifact.com Truth-O-Meter rulings from National On July - 17 - 2012 News Politics
The Truth-o-Meter says: True | Obama ad says Romney stashed money in Cayman Islands

A snarky ad juxtaposes an off-key Mitt Romney leading a crowd singing America the Beautiful with claims on the screen saying the Republican candidate has parked millions of his personal fortune far from U.S. shores. "He had millions in a Swiss bank account," the ad says, and in "tax havens like Bermuda … and the Cayman Islands." It ends with: "Mitt Romney’s not the solution." We rated the Swiss bank account claim True. Here we’ll dig into the Cayman Islands charge. Romney has released his ...

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Read Entire Story: Politifact.com Truth-O-Meter rulings from National

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