Forum Post: Romney ‘rented’ Mormon church’s exemption to defer taxes for 15 years

"In fact, the amount available to go to the Mormon church has decreased from at least $750,000 in 2001 to $421,203 at the end of 2011 as Romney has collected yearly cash payments from the trust.

The Romney campaign declined to answer questions about the trust but insisted that it was “operated in accordance with the law” "

http://www.rawstory.com/rs/2012/10/29/bloomberg-news-romney-rented-mormon-churchs-exemption-to-defer-taxes-for-15-years/

Just another example of how the 1% "works"; they use every grifter trick to keep more for themselves,. at the expense of everyone around them,. . Quite sad, and more than a little bit pathetic!