Claim: "We do know that Romney personally approved over $70 million in fictional losses to the IRS as part of the notorious 'Son of Boss' tax scandal, one of the largest tax avoidance schemes in history."
Fact-check: Barack Obama links Mitt Romney to infamous tax shelter 'Son of Boss'
Verdict: half-true
Organisation: PolitiFact
Author: Jon Greenberg
Date published: 2012-08-13T00:00:00