Mitt Romney

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Private Equity Can Ruin Firms —and Still Profit

Tax loopholes, money tricks benefit bosses like Mitt Romney: James Surowiecki

(Newser) - Mitt Romney's opponents have slapped Bain Capital over layoffs, but private equity actually has little overall effect on job numbers. Instead, the crimes of such companies are centered on the way they make money, writes James Surowiecki in the New Yorker . What we should be concerned about is the...

Romney Returns: $6.2M in Taxes on $42.6M

No income from wages; he'll pay 15.4% on last year's income

(Newser) - Just hours after debating tax rates during the GOP debate in Florida, Mitt Romney released his tax returns, revealing that he collected $20.9 million in income last year, and $21.7 million the previous year—nearly all of it in profits, dividends, or interest from investments. None came from...

Mitt Lands Blows Newt, Debate Too Tame
 Romney Jabs Hard, 
 but Debate Too Tame 
Winners, Losers

Romney Jabs Hard, but Debate Too Tame

Local issues, quiet crowd make for dullish contest

(Newser) - Last night's GOP debate wasn't the most exciting of the primary process, with a focus on local Florida issues and an audience instructed to keep quiet. While newly combative Mitt Romney revved up the contest by attacking Newt Gingrich's lobbying for Freddie Mac and ethics as...

Mitt, Newt Come Out Swinging
 Mitt, Newt Come Out Swinging 
GOP DEBATE

Mitt, Newt Come Out Swinging

They jab over Freddie Mac 'lobbying,' taxes

(Newser) - Mitt Romney and Newt Gingrich came out throwing verbal punches —at each other—in tonight's Florida GOP debate. They traded boast for boast and barb for barb as the first questions presented the contest as a faceoff between the two. Gingrich attempted to appropriate the mantle of Ronald...

Gingrich: Sure, Release My Freddie Mac Records

Says it's up to his former firm

(Newser) - Mitt Romney is demanding that Newt Gingrich release records from his time at Freddie Mac—and Gingrich says that's no problem ... alas, it's out of his hands. He tells ABC News that it would be "very helpful" for his former firm to release his contract with Freddie...

Newt Leads Mitt in Fla., 34%-26%
 Newt Leads Mitt 
 in Fla., 34%-26% 
new poll

Newt Leads Mitt in Fla., 34%-26%

Though Public Policy Polling says it's neck-and-neck

(Newser) - Newt Gingrich might just be on his way to another primary win. The latest InsiderAdvantage/Majority Opinion Research poll has Gingrich leading Romney 34.4% to 25.6% in Florida, followed by Ron Paul (13.1%) and Rick Santorum (10.7%). The poll has Gingrich leading Romney among every age and...

Romney to 'Interrupters': 'Take a Hike'

Rips 'failed leader' Gingrich

(Newser) - Speaking at a rally in Florida yesterday, Mitt Romney had some harsh words for opponents ranging from Newt Gingrich to a group of protesters heckling him. Romney slammed Gingrich as a "failed leader," notes the Los Angeles Times . "I don’t know whether you knew that—he...

Flush Romney Camp Rules Fla. Airwaves

Florida ads expensive, Mitt rivals low on funds

(Newser) - The race for the GOP nomination may suddenly be more competitive than experts predicted, but in the next big primary state, Florida, Mitt Romney has the airwaves pretty much all to himself, reports the Los Angeles Times . Florida is one of the more expensive ad markets in the nation, and...

Chris Christie: Newt Gingrich an Embarrassment to Republican Party

 Christie: Newt 
 'Embarrassed' GOP 
TALK SHOW ROUNDUP

Christie: Newt 'Embarrassed' GOP

Admits Romney had a bad night, will pick himself up in Florida

(Newser) - Chris Christie's horse lost last night's South Carolina race, and the New Jersey governor came out swinging at victor Newt Gingrich this morning, calling the former House speaker an "embarrassment" to the Republican party . “Gingrich has embarrassed the party over time," said Christie, who has...

Romney: I'll Release Taxes Tuesday

OK, fine.

(Newser) - Looks like somebody is taking his Palmetto State shellacking seriously: Mitt Romney, in a rare appearance on Fox News Sunday, announced today that he'll release his much-discussed tax returns on Tuesday. "Given all the attention that's been focused on tax returns, given the distraction I think they...

How Gingrich Won SC— Conservatives

'Very' and 'Somewhat' conservatives went Gingrich, 'liberals' went Romney

(Newser) - So how did Newt Gingrich pull off his stunning upset in South Carolina yesterday? Unsurprisingly, by appealing to conservatives, writes Politico . Exit polls indicate that 45% of people calling themselves "very conservative" went to Gingrich, vs. 20% to Rick Santorum and 10% to Ron Paul—Mitt Romney took just...

What Mitt&#39;s Loss (and Newt&#39;s Win) Mean
 What Mitt's Loss 
 (and Newt's Win) Mean 
Reaction Roundup

What Mitt's Loss (and Newt's Win) Mean

GOP voters angry, stuck with bad candidates, say pundits

(Newser) - Newt Gingrich's big win in South Carolina has the Republican establishment squirming and political experts churning, trying to explain what the results mean:
  • GOP base in revolt. "People are mad as hell they are about to be stuck with another boring, moderate, uninspiring choice that has at best
...

Is Romney's 15% Tax Rate That Crazy?

Yes and no, experts say

(Newser) - When Americans heard that Mitt Romney pays a 15% tax rate , most probably assumed that was less than they pay—and they're probably wrong. Romney, after all, wasn't talking about his tax bracket, but his effective tax rate, meaning what percentage of his income he actually winds up...

Debate a &#39;Triumph for Gingrich&#39;
 Debate a 'Triumph for Gingrich' 
OPINION ROUNDUP

Debate a 'Triumph for Gingrich'

Santorum shined but it was Newt's night, pundits say

(Newser) - Mitt Romney, Rick Santorum, and Ron Paul all had their moments in last night's GOP debate, but it was Newt Gingrich's night thanks to his fiery first five minutes , pundits say.
  • Rick Santorum took the fight to Gingrich and Romney and was the "central mover in the
...

Gingrich Blasts CNN On 'Trash' First Question

Santorum gets aggressive as final four candidates debate in SC

(Newser) - The most tumultuous day of the campaign (see reasons one , two , and three ) wrapped up tonight with a CNN debate , and the fireworks started immediately when moderator John King asked Newt Gingrich the first question—about his ex-wife's "open marriage" interview. After blasting the media's "...

Romney Should Be Proud of Bain Work

Bain and companies like it saved America: Daniel Henninger

(Newser) - Mitt Romney shouldn't distance himself from his work at Bain Capital during the 1980s, writes Daniel Henninger at the Wall Street Journal . In fact, he should embrace it, because Bain and companies like it rescued the country. Forget the caricatures of 1980s Wall Street as the decade of greed....

New Poll: Gingrich Actually Leading in SC

Gingrich at 34%, Romney at 28% in first night of tracking

(Newser) - We already knew Newt Gingrich was surging in South Carolina , but a new Public Policy Poll has even more dramatic results: Last night, the first of three nights of tracking, Gingrich actually led Mitt Romney 34% to 28%. Romney's 28% is consistent with the numbers PPP has seen in...

Mitt Romney Keeps Millions in Cayman Islands

Campaign defends offshore investments

(Newser) - Yet more money trouble for Mitt Romney: His campaign has been put on the defensive by reports that he has millions of dollars stashed in a Caribbean tax haven. Romney has around $8 million invested in a dozen funds based in the Cayman Islands, and another investment worth between $5...

Newt Gaining on Mitt in SC
 Newt Surges— 
 Does SC Upset Loom?  
NEW POLLS

Newt Surges— Does SC Upset Loom?

Latest polls show 2-man race in South Carolina

(Newser) - Newt Gingrich is so close to Mitt Romney in South Carolina that an upset win is within the realm of possibility, according to a couple of new polls. Politico's numbers have Romney still leading the field with 37%, but Gingrich is close behind at 30%. Both are well ahead...

Iowa Was Actually &#39;a Split Decision&#39;
 Iowa Was Actually 
 'a Split Decision' 
recount results

Iowa Was Actually 'a Split Decision'

Who won? Well, either Mitt Romney or Rick Santorum

(Newser) - We'll never know for sure who actually won the Iowa caucuses. After a recount, Rick Santorum was found to have finished ahead of declared winner Mitt Romney by 34 votes, but the results from eight precincts are missing and will never be certified—meaning "it’s a split...

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