Republican presidential nominee Mitt Romney's campaign on Wednesday partied with wealthy donors on a 150-foot yacht that flies the flag of the Cayman Islands, according to an ABC News report. Members of the Romney Victory Council, who have each
August 29, 2012

Republican presidential nominee Mitt Romney's campaign on Wednesday partied with wealthy donors on a 150-foot yacht that flies the flag of the Cayman Islands, according to an ABC News report.

Members of the Romney Victory Council, who have each raised more than $1 million for the candidate, mingled with Romney's brother, Scott, and other relatives in Tampa aboard the luxury yacht "Cracker Bay."

While they waited outside the unadvertised event, ABC News snapped photos of the Cayman Islands civil ensign flag flying on the yacht's stern.

Gov. Bob McDonnell (R-VA) was reportedly scheduled to speak to the more than 50 people attending.

"It was a really nice event," billionaire energy industry executive Wilbur Ross told the network. "These are good supporters."

Romney came under fire earlier this year when it was revealed that he had millions stashed in the Cayman Islands, a notorious tax haven. In August, Vanity Fair reported that Romney still had a personal stake in at least 12 of Bain Capital's Cayman Island funds, worth up to $30 million.

The candidate recently insisted to Fox News host Chris Wallace that "there was no reduction — not one dollar reduction — in taxes by virtue of having an account in Switzerland or a Cayman Islands investment."

"I think it's ironic they do this aboard a yacht that doesn't even pay its taxes," a woman who lives at the marina where Cracker Bay is moored told ABC News.

crackerisland_120829a.jpg

Can you help us out?

For 17 years we have been exposing Washington lies and untangling media deceit, but now Facebook is drowning us in an ocean of right wing lies. Please give a one-time or recurring donation, or buy a year's subscription for an ad-free experience. Thank you.

Discussion

New Commenting System

Our comments are now powered by Insticator. In order to comment you will need to create an Insticator account. The process is quick and simple. When registering you will also be presented with the option to tie all your old Disqus comments to your new Insticator account. Please note that the ability to comment with a C&L site account is no longer available.

We welcome relevant, respectful comments. Any comments that are sexist or in any other way deemed hateful by our staff will be deleted and constitute grounds for a ban from posting on the site. Please refer to our Terms of Service (revised 3/17/2016) for information on our posting policy.