Republican presidential nominee Mitt Romney has been busy after a tape emerged of him telling wealthy donors that nearly half of Americans see themselves as victims dependent on the federal government. Now he's trying to make those remarks part of a broader argument: What is the proper role of government and who should pay for it?
This is MORNING EDITION from NPR News. I'm Renée Montagne.
STEVE INSKEEP, HOST:
And I'm Steve Inskeep. Good morning. Fundraising reports filed last night by the presidential campaigns look like recent public opinion polls - they show President Obama with a narrow advantage in monthly fundraising last month, although Republican Mitt Romney has the edge by some other measures.
By the time Glenn Beck left the Fox News Channel in June 2011, both sides seemed ready, even eager, to part ways. Beck announced he would move on to bigger and grander ventures with his own production company, Mercury Radio Arts, but some media critics, such as Variety's Brian Lowry, shrugged then and since.
We were curious how hard it would be to set up an offshore company, so this summer we bought two. We at Planet Money are now the proud owners of "Unbelizable Inc." in Belize and "Delawho? LLC" in Delaware. The whole process was quick and easy.
At least that's how it seemed at first — until we got an email from David Buckley, a tax lawyer at Rogin Nassau, telling us we had just walked into an IRS sinkhole.
Buckley described it as "a minefield of U.S. tax obligations," and he said he was worried about me. (The companies are in my name.)