The irony of ABC News' report that Mitt Romney's campaign held a Tampa fundraiser on a Cayman Island-flagged yacht was absolutely delicious, but it couldn't be that simple.
Mitt Romney still gets money from Bain Capital through a blind trust held by his wife Ann and investments in the Cayman Islands. In addition to his Swiss bank account, closed in late 2010, he has other accounts in the tax haven Bermuda.
Since the Republican primary got occupied, we've gotten a chance to see some of the nifty things you can do to protect your wealth if you're as rich as Mitt Romney.
Mitt Romney keeps millions of dollars in funds based in the Cayman Islands, a notorious tax shelter, reports ABC News, and while they don't think he's ducking U.S. taxes, the story is another reminder than the guy is very rich.
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