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Originally Posted by tomder55

our companies would jump at the chance for a 25% rate. The US corporate tax rate is already the highest in the world .The U.S. rate is 39.2% when both federal and state rates are included.Your country by comparison is at 30% .
You can't tax your way out of the debt mess we are in . The only answer is to grow the economy and cut the size of government . That means lower ,flatter rates are in order.

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Tom don't keep bringing up all those hoary old chesnuts, we were once at 45% and where did it get us, the business went to China, but now our top marginal rate is 47.5% where it has been for years so we tax the rich and keep the debt low. You might like to think about our system we don't have state tax or state sales tax so we have a nice flat GST 10%. Our corporate taxes are lower so we can compete with you, you might say 39.2% but the effective rate is very low 2% in some cases

http://thinkprogress.org/economy/201...-nine-percent/

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Originally Posted by speechlesstx

A 20 year average is only one year? Math is hard isn't it?

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Your condescension aside, releasing an average is certainly not the same as releasing your returns. He's hiding something.

Yeh he's hiding that he manipulates the system, doesn't look good to the poor people

Hello again,

Did I mention that I was a tax planner? Actually, I just ran the company, but I learned a few things... Primarily, there's only ONE reason to have a Cayman Island bank account, and that's bank secrecy. The only reason you'd WANT an account like that is if you have something you don't want the US Government to know...

Now, I don't know if he cheated... But, if you see a masked man with a gun walking into a bank, it's a fair assumption to believe that he's going to rob the bank.

excon

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Primarily, there's only ONE reason to have a Cayman Island bank account, and that's bank secrecy. The only reason you'd WANT an account like that is if you have something you don't want the US Government to know...

Now, I don't know if he cheated... But, if you see a masked man with a gun walking into a bank, it's a fair assumption to believe that he's going to rob the bank.

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I've looked for some time now and I just can't find the law that says having off shore accounts was illegal . Romney has not had income from anything other than investments for some time now . He took on jobs as Governor of Mass. And the Salt Lake City Olympics without pay . So the income he's realized was income that was already taxed ,and is being taxed again .

The Kennedy's are not "masked man with a guns"... right ? And yet the Kennedy family (JFK ,Teddy.. all of them )sheltered almost all their inheritted money there for decades .

Now Mitt... highest estimate I've seen has him having about $30 million in overseas accounts ,which represents about 10% of his wealth.The low was about $7 million . So around 90% of his income is invested in the US .As the audit of his taxes has shown ;he has contributed about 50 million dollars to charity in the time frame of the audit ,and still paid a 14% tax rate... which was far greater than the much richer John Kerry paid.

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Originally Posted by tomder55

I've looked for some time now and I just can't find the law that says having off shore accounts was illegal .

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Hello again, tom:

There's nothing illegal about it all. In fact, I agree with Romney's previous statement, when he said nobody should vote for him if he paid MORE taxes than necessary... That was the essence of what I did... I helped people pay the lowest amount possible... I don't mean to suggest that he cheated, or that I HELPED people cheat. I didn't... I just kept what we did SECRET, and the banks helped with that... Frankly, that's what I think ALL banks should do - keep their MOUTHS shut, but I digress...

Having said that, if I had a client who was interested in running for president at some future date, I'd suggest that he DIDN'T avail himself of my services... That's because it'll LOOK exactly like it DOES look, and that ain't going to help ANY presidential candidate..

In terms of not voting for Romney if he paid MORE taxes than he owed, then NOBODY should vote for him.. Clearly, he didn't deduct all the charitable contributions he made because that would have brought his tax rate BELOW what he told Jake Tapper that it would be. So, he found the tax rate he WANTED to pay, and worked BACKWARDS from there. It was easy. He paid MORE taxes than he owed. Therefore, he doesn't deserve your vote.

So, after FOOLING you and me and Jake Tapper, when the campaign is over, Romney can simply file an amended return and claim ALL the charitable deductions he DIDN'T take, and get them then... We'll never know, will we?

Does Romney really think that nobody understands taxes?? Which brings me to my next point?? Why, at this particular point in the campaign, would he release this return?? From a POLITICAL perspective, this is absolutely the WRONG time to do it...

Obama in an even bigger landslide than I predicted before...

excon

We aren't voting for Romney, the real president and vice is Karl Rove and Grover Norquist, with Rush Limbaugh as press secretary. Mitt Ryan, Paul Romney, whatever, are but the official signer of documents, and his constituents are doormen and drivers for the getaway.

Matter of fact, the first robbery was so successful, they just have to try it again. Can you blame them?

OK so here's the deal. Obama has his pension in the General Assembly Retirement System in Illinois. They are invested in the Cayman Islands and in China through an entity called 'Advent International'... the specific investment being' Advent International GPE VI-A' . It's just part of a diversified portfolio.
So Romney's money is invested in the Caymans and China in a blind trust where he makes no investment decisions ;and the President's pension is invested in the 2 places also. In both cases they make no decision where the money is invested .
Hope that ends that phoney contention .

You mean like Sensata?

Romney has majority shares in Bain . He has no operational authority or decision making in the company.Romney ran Bain Capital from 1984 through 1999 He left the company to run the 2004 Winter Olympics .Senseta was acquired by Bain in 2006.

Hello again, tom:

If high gas prices are Obama's fault, Senseta is Romney's fault.

excon

Romney hasn't worked at Bain in over a decade. Obama has been prez for nearly 4 years. Since you're still blaming Bush for everything I don't expect you to understand.

What's ironic is you libs keep living in the past while warning that Romney is going to take us backwards in time.

Hello again, Steve:

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Since you're still blaming Bush for everything

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Let me ask you this.. Let's say a drunk driver crashed into your car 4 years ago... You were hurt, and hurt badly.. Now, four years later, you're NOT recovering as fast as you want to.

Is your PAIN due to the drunk driver, or your doctor?

Now, if that were ME, it would be the drunk drivers fault FOREVER.. He'd NEVER get a pass. To YOU, the drunk is COOL, but your doctor is the bad guy...

Makes NO sense to me.

Excon

Obama said the low gas prices at the beginning of his term was due to a bad economy. Well gas prices were that low at the end of the Clintoon Presidency and the Dems brag about how good the economy was when he left... AND... gas prices are high now ,and the economy still sucks .

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Let me ask you this.. Let's say a drunk driver crashed into your car 4 years ago... You were hurt, and hurt badly.. Now, four years later, you're NOT recovering as fast as you want to.

Is your PAIN due to the drunk driver, or your doctor?

Now, if that were ME, it would be the drunk drivers fault FOREVER.. He'd NEVER get a pass. To YOU, the drunk is COOL, but your doctor is the bad guy...

Makes NO sense to me.

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I'd say when you get injured you shouldn't go to an amateur and a quack for treatment. You're an idiot if you keep going to the same quack instead of finding a new doctor.

You guys elected a quack conservative before and want to do it again. That's insanity, because what makes you think the results will be different this time.

Same policies, same taxe cuts, same ideas, just a different conservative, and for the record the patient is stable and healing under this doctor, but not ready for a marathon. But its amazing how you pass over things your guy does, but holler because our guy doesn't dothem the same way,or fast enough.

Amazing!

If you think anemic is good enough then you're there. Even Bill Clinton said the patient is still struggling - at an Obama campaign event.

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Governor Romney’s argument is, ‘We’re not fixed, so fire him and put me in.’ It is true, we’re not fixed. When President Obama looked into the eyes of that man, who said in the debate, ‘I had so much hope four years ago, and I don’t now,’ I thought he was gonna’ cry — because he knows that it’s not fixed.

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I agree.

So why should we dump the doctor that's making and keeping you stable to one that SAYS he can cure you faster and won't tell you what he will charge for his services?

NOT TOO SMART!!

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Originally Posted by excon

Hello again, Steve:



Lemme ask you this.. Let's say a drunk driver crashed into your car 4 years ago... You were hurt, and hurt badly.. Now, four years later, you're NOT recovering as fast as you want to.

Is your PAIN due to the drunk driver, or your doctor?

Now, if that were ME, it would be the drunk drivers fault FOREVER.. He'd NEVER get a pass. To YOU, the drunk is COOL, but your doctor is the bad guy...

Makes NO sense to me.

excon

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I wouldn't blame either as after getting hooked on the pain mads I don't care anymore. :)

Just keep the scripts coming ;)

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Originally Posted by talaniman

So why should we dump the doctor thats making and keeping you stable to one that SAYS he can cure you faster and won't tell you what he will charge for his services?

NOT TOO SMART!!!!

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Dude, the only reason the patient is up to anemic is because 4 million people gave up trying to find a job, some guy in California cooked the books and other creative number crunching.

We don't need a witch doctor for four more years.