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Jobs & Parenting Expert
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Jul 19, 2012, 09:21 AM
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 Originally Posted by excon
Do you think he can get away with NOT releasing them, and STILL have a shot at winning?
Dear excon:
It could be my crazy Uncle Wally running for president on the Republican ticket. The candidate doesn't matter. Romney doesn't matter. But you've already said (and we all know) what really does matter for the Republicans.
WG
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Ultra Member
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Jul 19, 2012, 09:22 AM
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Yes because no body cares... what do you think ;that there is something illegal in a tax return ? Here we have the same people who defend Warren Buffet's distortions and manipulation of his taxes ;while at the same time spewing his hypocricies about not paying enough ,getting their panties in a knot over Romney . Lol
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Uber Member
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Jul 19, 2012, 09:27 AM
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 Originally Posted by tomder55
what do you think ;that there is something illegal in a tax return ?
Hello again, tom:
Glad you asked... Nahhh.. His returns are perfectly legal, of course.. He's running for president, for Pete's sake. But, there are probably a couple of years where he didn't pay any taxes at all...
That won't make him look good. In fact, I think it'll END it for him. THAT'S why I want them released..
excon
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Ultra Member
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Jul 19, 2012, 09:35 AM
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Well that would be illegal no ? Even if he's Warren Buffet there is a minimal amt of money the law requires that is wage compensation. I know... because Buffet goes out of his way to make sure his wage is minimum required while the bulk of his compensation is controlled cap gains. Anyway ,that is pure speculation on your part .
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Uber Member
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Jul 19, 2012, 09:48 AM
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 Originally Posted by tomder55
well that would be illegal no ?
Hello again, tom:
No. Not at all.. There are a jillion different ways in which the tax code can be manipulated to ones advantage. Plus, because of the bank secrecy in the Caymans, whatever Romney WANTS to say about his returns CAN'T be verified... Now, I'm not saying he did lie. I'm only saying it can't be checked. Plus, there's NO industry in the Caymans OTHER than banking, and the only reason to have accounts there is bank secrecy...
But, to your question. He makes PLENTY of income off his investments and doesn't NEED, and isn't required to HAVE "income" from employment.. And, that income can be sheltered in myriad ways, all of them legal.. My guess is his wife's dressage horse is one big tax shelter...
Let me suggest this... The tax code, as it refers to you and me, and the deductions WE'D take, is handled in the first 500 pages of the tax code.. Then there's an additional 50,000 pages dealing with corporations and what kind of tax breaks THEY get...
So, like GE before him, it's absolutely possible for a wealthy person to pay NO taxes at all.
excon
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Ultra Member
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Jul 19, 2012, 01:19 PM
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 Originally Posted by excon
He KNOWS the Democrats are gonna pick through it, and DISTORT it..
Exactly. If Obama had something to run on besides (hypocritical) class warfare and the politics of destruction it might be different.
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Ultra Member
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Jul 19, 2012, 01:33 PM
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 Originally Posted by talaniman
You say that as if it's a bad thing. Were you that hot and bothered about Kerry parking his yacht in RI to avoid paying taxes to the state he represents?
I mean really, Tal, if I had that much money I'd do the same thing and I bet you would, too. You whine all day about the influence of corporate money, what idiot would leave his fortune where the feds can confiscate it to buy themselves more power?
For all I know he launders dope money from around the world!
So is that the next talking point since the one about Sheldon Adelson funding campaigns with Chinese prostitution money backfired?
Memo to Dem press secretary: Probably best not to imply GOP billionaire is a pimp
I'm sure if Romney releases more returns they'll be calling him a pimp, too since they have nothing else to run on.
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Uber Member
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Jul 20, 2012, 04:04 PM
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Hello again,
Years ago, when Ross Perot was running for president, he addressed the NAACP convention. Somewhere in his remarks was a "you people". Perot had NO idea how offensive that was...
Yesterday, when asked WHY Romney doesn't release his tax returns, I got called "you people" by Ann Romney.. Her response was, "We've given all 'YOU PEOPLE' need"
No, Ann. You're not the boss of us. WE'LL tell YOU what we need!
excon
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Ultra Member
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Jul 20, 2012, 04:07 PM
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Yes Ex the neuvo rich have a tendency to look down their noses at the peons
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Expert
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Jul 20, 2012, 04:34 PM
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That's why Mitt is running to keep his tax cuts, and get even more tax cuts and loop holes while he takes your job to China.
Bain Capital is closing an Illinois plant and shipping jobs to China - National economic policy | Examiner.com
Daily Kos: Romney and Bain profited from massive Medicare Fraud
1988: Damon begins a systemic practice of fraud. The government estimates later that the total cost to taxpayers of this fraud is around $40,000,000
1990: Bain Capital (CEO Mitt Romney) buys a minority stake in Damon. Mitt takes a seat on the board of directors
1990 to 1993: Mitt serves on the board of directors, earning ~$10,000 per year for doing so. He is on the company's "Strategic Planning" committee
1992: Romney said that [Damon's then-CEO Robert] Rosen told the board in about 1992 'that all current practices at the company were now in conformity with government regulations and that in the past there may have been practices which would not be deemed appropriate.
1993: Damon is taken over by Corning, with Mitt Romney voting in favor of the acquisition
1993: Corning immediately closes Damon's Massachusetts plant and lays off 115 workers
1993: Corning uncovers the fraud and alerts authorities. The SEC filings made by Damon prior to the acquisition make no mention of any potential earnings write-downs or legal problems
1993: Mitt Romney's share of Bain's profit from the Damon investment: $473,000
1993: Bain's profit from its investment in Damon: $7,400,000, which represented a tripling of the initial investment
1994: Running for Senator, Mitt Romney says:
I'm proud of the small part I played in the growth of Damon,' Romney said yesterday. 'It's something that Ted Kennedy doesn't have a clue about – creating real jobs in the private sector.
Seems he is using the same lines over again. Didn't work before, I doubt it works now. You guys hope it does.
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Ultra Member
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Jul 20, 2012, 04:48 PM
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All seems a little ancient Tal even though I get the point a leopard doesn't change his spots.
If you elect Romney you will get the President you deserve and the Nixon era might rise again. If you elect Obama, you will get the President you already have
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Ultra Member
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Jul 21, 2012, 04:41 AM
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 Originally Posted by excon
Hello again,
Years ago, when Ross Perot was running for president, he addressed the NAACP convention. Somewhere in his remarks was a "you people". Perot had NO idea how offensive that was...
Yesterday, when asked WHY Romney doesn't release his tax returns, I got called "you people" by Ann Romney.. Her response was, "We've given all 'YOU PEOPLE' need"
No, Ann. You're not the boss of us. WE'LL tell YOU what we need!
excon
First she's attacked for riding horses as part of her MS therapy and now this, you guys have no shame. This was debunked by ABC long before you posted it.
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Uber Member
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Jul 21, 2012, 05:36 AM
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Hello Steve:
More right wing, you didn't hear what you heard.. Well, Dude! I DID hear what I heard.
excon
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Ultra Member
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Jul 21, 2012, 05:41 AM
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 Originally Posted by excon
Hello again,
Years ago, when Ross Perot was running for president, he addressed the NAACP convention. Somewhere in his remarks was a "you people". Perot had NO idea how offensive that was...
Yesterday, when asked WHY Romney doesn't release his tax returns, I got called "you people" by Ann Romney.. Her response was, "We've given all 'YOU PEOPLE' need"
No, Ann. You're not the boss of us. WE'LL tell YOU what we need!
excon
I was wondering where your post about this went . I responded ;but the posting disappeared .
Truth is that she did not say that .If you listen to the tape and the official ABC transcript you won't find it.
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Ultra Member
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Jul 21, 2012, 05:41 AM
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Right, that right wing ABC that did the interview has no business debunking their own stuff. Do you hear yourself?
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Ultra Member
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Aug 1, 2012, 06:54 AM
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The taxers have jumped off the deep end, with the highest ranking Senate Democrat taking the lead.
Harry Reid: Bain Investor Told Me That Mitt Romney 'Didn't Pay Any Taxes For 10 Years'
"His poor father must be so embarrassed about his son," Reid said, in reference to George Romney's standard-setting decision to turn over 12 years of tax returns when he ran for president in the late 1960s.
Saying he had "no problem with somebody being really, really wealthy," Reid sat up in his chair a bit before stirring the pot further. A month or so ago, he said, a person who had invested with Bain Capital called his office.
"Harry, he didn't pay any taxes for 10 years," Reid recounted the person as saying.
" He didn't pay taxes for 10 years! Now, do I know that that's true? Well, I'm not certain," said Reid. "But obviously he can't release those tax returns. How would it look?
"You guys have said his wealth is $250 million," Reid went on. "Not a chance in the world. It's a lot more than that. I mean, you do pretty well if you don't pay taxes for 10 years when you're making millions and millions of dollars."
And Obama is a Muslim born in Kenya... or so I heard somewhere from somebody.
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Uber Member
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Aug 1, 2012, 07:04 AM
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 Originally Posted by speechlesstx
And Obama is a Muslim born in Kenya...or so I heard somewhere from somebody.
Hello again, Steve:
Yeah, I heard it too.. But Obama SHOWED his birth certificate to allay your fears... All Romney has to do is show his tax returns. Boy, can he make Harry Reid look like a fool? He's going to do it right?
Yeah, sure.
excon
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Ultra Member
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Aug 1, 2012, 07:20 AM
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First of all, I had no fears, I'm not a birther - but then you already KNOW that. Second of all, the birthers were on the fringe. This is - as already purposely noted - the highest ranking Senate Democrat starting a conspiracy theory. So go ahead, mock the fringe but not your Senate leader.
Oh, and 3 years after Romney is elected maybe he'll release the returns.
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Uber Member
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Aug 1, 2012, 07:57 AM
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 Originally Posted by speechlesstx
So go ahead, mock the fringe but not your Senate leader.
Hello again, Steve:
Here's the difference... I don't know WHY you can't seem to make the relevant distinctions. First off, Obama DID release his birth certificate. It's just that nobody believed him. After all, why would you?? So, I'd mock ANYBODY who thought Obama was LYING...
Secondly, I want Romney to release his tax returns because I KNOW, beyond a shadow of a doubt, that they'll END his presidential bid. I suspect Harry Reid knows it too.
After all, it's his JOB to defeat Romney, just like it's Mitch McConnell's job to make sure Obama is a "one term president. If you mocked McConnell over that comment, I missed it.
excon
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