Mitt Romney has millions of dollars saved in offshore Cayman Islands tax shelters | Mail Online
Holds a reported $33 million in the Caribbean British territory’s accounts
Offshore banking could be one reason Romney is withholding his tax returns
Newt Gingrich reported 31 percent tax on his income — in line with the top tax bracket
Mitt Romney, who recently revealed he pays close to 15 percent tax on his income, has untold millions of dollars of his massive fortune saved in offshore tax shelters in the Cayman Islands, according to reports.
The Republican presidential front runner has been taking fire from tax groups and his opponents after he admitted he pays a much lower federal tax rate than most Americans.