Dirty Penguin
Master Of Ceremony
"flip-flop"....that's priceless....:yes:
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My thoughts on the Romneys Income Tax Returns and other points. Any rebuke
- Thread starter esmith
- Start date
"flip-flop"....that's priceless....:yes:
Dirty Penguin
Master Of Ceremony
The blind trust is an age old ruse....as Romney put it back in 1994. He was able to flip-flop it to be a benefit to himself.....
[youtube]Q9DVKWhPibw[/youtube]
Romney: "The Blind Trust is an Age Old Ruse" - YouTube
If you're not going to read my whole message, why bother replying?
I'm not sure I share your confidence that the IRS could find any and every irregularity in a person's return, but regardless, they're only looking for compliance with the tax code. The reasons for wanting to see a candidate's tax returns go quite a bit beyond just the question of whether he was evading taxes.
Again, I think your confidence is misplaced. There's been quite a bit of question about how much control he was exercising over the investments in that supposedly blind trust. This is precisely one of the questions that looking at his tax returns would shed light on.
In particular, if he was receiving a salary for services as a director of one of his companies, this would indicate that he was, well, directing it. If this happened after the date when he claimed he relinquished control of the company, this would indicate a problem.
And this is something that the IRS wouldn't flag even if they did review all of his returns in detail. They would only care whether he paid taxes on that income, not the propriety of receiving it in the first place.
While there's nothing wrong with getting professionals to help prepare your return, ultimately it's you who takes responsibility for it.
Reverend Richard
New Thought Minister
Well, I already know that Obama is spending more of my (tax) money than I would like. But Romney (and now Ryan) wants me to trust him with my money and my taxes for the next four years, and possibly eight. If Romney won't tell me what he's doing with his own money (and taxes), why should I trust him with control over mine for the next 8 years?
I suspect Romney's done nothing "illegal", but if all of his (legal) tax loopholes and dodges are uncovered, I suspect most Americans wouldn't understand them, and it would do more damage than he could survive.
Is Romney doing something illegal? Probably not, but he sure makes a bad impression - same as Obama.
For me, this election is a lose-lose situation. I don't trust either candidate enough to vote for either one of them.
Dirty Penguin
Master Of Ceremony
This can be said for ALL candidates running in every race...(loca or federal)....Heck, even the local PTA has a bad apple of two.
The problem with Romney is he has no solid foundation when it comes to the issues. He flip flops extensively. That's not the kind of person I need in the White House making various decisions on my behalf.
The other side is Romney/Ryan agenda. They say a lot of things that are at odds with the stance they once held and they bills they signed/co signed on. Much of what they've been saying to us is at odds with what their own party has drafted for this weeks RNC. I'm not at all on board with the policies of old or their waffling stance on the issues.
Deut 13:1
Well-Known Member
I'm not a fan of either choice in this coming election. But to continually talk about his taxes just makes me angry. People are stupid, they don't understand the difference between Earned Income (being a doctor, a cop, a dentist, a teacher, etc...) and Dividend Income. The tax rate for my dividend income is the exact same as Romney's. 15%. Just because he is so wealthy that he doesn't have a conventional job like you and me, and lives off his interest, is no reason for him to pay more in taxes. If he were to get elected president, I bet you he would pay the same as anyone else. So the fact that he is paying 14%? Who cares? I'm sure he has some charities or donations or tax write offs. He is still paying the EXACT same as me.
Let me ask everyone something:
At the end of the year, when you do your taxes, do you look at the number you owe and go... Hmmmm, that's not enough.... Let me pay more of my money to the government. Let me guess, you don't? Neither does Romney.
What is more, if the IRS - who you KNOW is looking at his income and wealth hasn't found an issue with him, what business is it of yours what he pays? As far as his income from other countries, he is only obligated to report the money, not pay taxes on it.
By the way, I dislike both Obama and Romney. It's really choosing between a horses *** and a donkey's *** this year...
Oh and if you have an issue and think that 15% is too low, let me ask you.... Who really gets hurt by raising it? Whose mutual funds are really going to take a hit?
Furthermore, Romney has never been in congress. He has to follow the laws that Obama, who has been in congress passes. I'm not saying I like Romney, but I can't hate him for paying what he has to pay. If Obama has that much of an issue with what he is paying then he should have changed the laws while in congress... or make suggestions to congress while he is president.... has he done that? no. This is just stupid politics, nothing more.
Let me ask everyone something:
At the end of the year, when you do your taxes, do you look at the number you owe and go... Hmmmm, that's not enough.... Let me pay more of my money to the government. Let me guess, you don't? Neither does Romney.
What is more, if the IRS - who you KNOW is looking at his income and wealth hasn't found an issue with him, what business is it of yours what he pays? As far as his income from other countries, he is only obligated to report the money, not pay taxes on it.
By the way, I dislike both Obama and Romney. It's really choosing between a horses *** and a donkey's *** this year...
Oh and if you have an issue and think that 15% is too low, let me ask you.... Who really gets hurt by raising it? Whose mutual funds are really going to take a hit?
Furthermore, Romney has never been in congress. He has to follow the laws that Obama, who has been in congress passes. I'm not saying I like Romney, but I can't hate him for paying what he has to pay. If Obama has that much of an issue with what he is paying then he should have changed the laws while in congress... or make suggestions to congress while he is president.... has he done that? no. This is just stupid politics, nothing more.
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The American people should demand laws that imprison elected office holders for not keeping their political campaign promises in their first term.:shout
Dirty Penguin
Master Of Ceremony
I'm not really all that concerned about his taxes. I understand how all that works. That's not a pressing issue for me. It's an issue but not a pressing one.
Don't ask a question then presume to answer for us....
I claim 0 on my W4. So does my wife. Our kids are grown so we have no dependents to claim. But every year we either come close to or actually owe Federal. We get money back from state. Most of the time it's mainly enough to pay Federal what we owe them.
He and his administration can present it to congress but remember..such law needs to be voted on and do you really think that those who stand to gain from the way it is now will change? Personally I don't think so.
Actually he has....Many on the Democratic and Republican sides have been addressing the issue of tax reform for a while now since he's been in office. They really need some compromise on the issues. To me that's what's been lacking in congress for a while now.
tytlyf
Not Religious
Get used to it. It's standard procedure to release tax returns. WIllard's father was one of the original people to set the precedent. It's unfortunate his son doesn't follow the common sense involved.
Just keep in mind, tax evasion is a felony. I don't care how Willard evoided taxes if he's just a typical 1%'r. But to run for the Presidency requires more American principles.
Avoiding taxes is not something an aspiring President should do regardless.
We've seen 1 partial year of returns. I want to see him release a decade so we can call him out on his lies again. Willard needs to stick to his lifestyle and quit all future endeavors as a President.
It ain't gonna happen.
esmith
Veteran Member
if "ain't gonna happen" refers to seeing more than the required number of years of tax returns. I agree
If "ain't gonna happen" refers to Romney becoming President. I heartily disagree
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Deut 13:1
Well-Known Member
Do you think the American population is going to suddenly notice all the mistakes that the IRS is missing? Why does it matter if he was successful? Are you saying because you're successful, you deserve to be penalized more then the person next to you?
Just a thought: if we're supposed to infer something from the fact that the IRS saw Romney's returns and didn't charge him with anything, what should we also infer from the fact that after John McCain saw Romney's tax returns, he passed over Romney as his running mate and declared Sarah Palin to be "the better candidate"?
Deut 13:1
Well-Known Member
If Obama and company don't have the cahoots to stand up to those oh-so-threatening rich people, then he doesn't deserve to be in office. He can talk all he wants about changing it. The reality is this:
In 2008 he was elected. Democrat in the Executive Branch.
In the House election of 2008, the democratic party GAINED 21 seats to increase their majority.
In the Senate election of 2008, they GAINED 8 seats to have even a bigger majority.
Telling people that Obama is going to change the tax code is just dishonest. He has a democratic house and a democratic senate. Anything he wants to push through, he can push through. If he doesn't have the power to stand up to those who 'stand to gain from the way it is', he doesn't deserve the office.
Compromise? The democrats have the majority in each house and in the oval office. What more compromise do we need? One Party? A dictatorship?
Deut 13:1
Well-Known Member
I honestly don't know
Did McCain come out and say he passed over mitt romney because of his taxes or are you inferring that he did. I always assumed he chose to go with palin for the 'game changer' affect of having a woman in the oval office? I could be dead wrong on this and you might have a nice quotation I don't know about, but that is just my gut.
I really don't know enough about the McCain - Romney relationship. Maybe he didn't like the way Romney smelled, who knows.
Edit: Just keep in mind, I dislike Romney, I'm not voting for Romney, I just think attacking him because he is successful is wrong.
No, he didn't say so... the same way that the IRS didn't come out and say that everything was hunky-dory with Romney's taxes.I honestly don't know
Did McCain come out and say he passed over mitt romney because of his taxes or are you inferring that he did.
I think both inferences are unreasonable. My point was just that if we accept esmith's (unreasonable) conclusion in the OP, then this opens the door to other conclusions that he wouldn't like so much.
tytlyf
Not Religious
It doesn't matter in the real world. Just hire a Tax Attorney, if you have the cash, and all is well. I wouldn't expect a person that takes advantage of the American system to run for President.
Trust me, this is far from over. Willard makes claims and the returns will tell everyone if he's lying or telling the truth. I'm willing to bet on the lying part. I guess there is no level these guys stoop to to get elected.
If someone were foolish enuf to eschew the advantage of tax breaks, I wouldn't want them as president.
I saw a very nice boat this weekend, it was named "Tax Relief".
tytlyf
Not Religious
I saw a very nice boat this weekend, it was named "Tax Relief".
I'm willing to bet they aren't running for President. Good for them. You can either game the system or pay more taxes on the same income. You decide.
I believe you mean "cajones" (balls) instead of "cahoots" (partnership).
Interestingly, balls are often partners.