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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWhile Romney was at the debate saying tax cuts for outsourcing don't exist, he was getting one. . .
. . . for outsourcing.
WASHINGTON -- Sensata Technologies is a healthy manufacturing company that employs nearly 200 workers at a factory in northern Illinois. The company has become the focus of national attention because it has been taken over by Bain Capital, which plans to shut the factory down, lay off the workers, and outsource the production to China before the end of the year.
The workers have pleaded with GOP presidential candidate Mitt Romney, the founder of Bain Capital, to exert his considerable influence to save their jobs. Romney still makes millions each year in income from Bain. So far, he has declined to weigh in, and the factory is scheduled to close by the end of the year.
While the workers and the town may suffer, Romney himself has done well as a result of Bain's work with the company. According to his recently released 2011 tax returns, Romney transferred $701,703 worth of Sensata stock to the Tyler Charitable Foundation, a 501(c)3 tax-exempt nonprofit controlled by Romney. The gift is listed on page 323 of the pdf, on form 8283 (below). . . .
The workers have pleaded with GOP presidential candidate Mitt Romney, the founder of Bain Capital, to exert his considerable influence to save their jobs. Romney still makes millions each year in income from Bain. So far, he has declined to weigh in, and the factory is scheduled to close by the end of the year.
While the workers and the town may suffer, Romney himself has done well as a result of Bain's work with the company. According to his recently released 2011 tax returns, Romney transferred $701,703 worth of Sensata stock to the Tyler Charitable Foundation, a 501(c)3 tax-exempt nonprofit controlled by Romney. The gift is listed on page 323 of the pdf, on form 8283 (below). . . .
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http://www.huffingtonpost.com/2012/09/27/mitt-romney-sensata-tax-break_n_1920396.html
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While Romney was at the debate saying tax cuts for outsourcing don't exist, he was getting one. . . (Original Post)
ProfessionalLeftist
Oct 2012
OP
Angry Dragon
(36,693 posts)1. Willard --------- sub-human slime
doc03
(35,340 posts)2. Why didn't Obama tell him he was full of malarkey? n/t
usregimechange
(18,373 posts)3. kick