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My thoughts on the Romney’s Income Tax Returns and other points. Any rebuke

no-body

Well-Known Member
The theory is Romney took the 2009 tax amnesty. He might have done illegal things but they where forgiven. Seems like a good theory to me, why doesn't he want to show his tax returns that far back if he hasn't done anything wrong?
 

Revoltingest

Pragmatic Libertarian
Premium Member
The theory is Romney took the 2009 tax amnesty. He might have done illegal things but they where forgiven. Seems like a good theory to me, why doesn't he want to show his tax returns that far back if he hasn't done anything wrong?
Privacy?
Giving ammunition to morons looking for ammunition for specious attacks?

Perhaps Obama's grades are in Willard's tax returns, & he want's to protect the prez?
 

Dirty Penguin

Master Of Ceremony
Privacy?
Giving ammunition to morons looking for ammunition for specious attacks?

Perhaps Obama's grades are in Willard's tax returns, & he want's to protect the prez?

There's no comparing ones college grades to one hiding millions in possibly ill-gotten gains. Ultimately his taxes or lack thereof is outweighed by his social economic agenda IMHO.....
 

Reverend Rick

Frubal Whore
Premium Member
There's no comparing ones college grades to one hiding millions in possibly ill-gotten gains. Ultimately his taxes or lack thereof is outweighed by his social economic agenda IMHO.....
Or perhaps he grew tired of people putting their hand in his pockets. Stashing cash offshore is hardly ill gotten gains. Who's money was it after all? Class warfare is envy and greed.

Yes, our government is greedy.
 

s2a

Heretic and part-time (skinny) Santa impersonator
We keep hearing those supporting Obama complaining about Romney’s Tax Returns. Here are the facts as I see them.
1. Romney is very well off; rich would be a valid statement
2. Romney has reported his income to the IRS
3. The IRS has not taken any action against Romney, therefore there are no legal discrepancies related to his Income Tax filings.

As to point #3, at least none that we know of…:)

For you out there that say that Romney is hiding something illegal in his tax returns is a non-truth, see #3 above. The Obama supporters say that he used loopholes in the Tax Code to pay less tax. Granted he probably did, I am not saying he did or did not. However, in my opinion, if a person was too stupid to use legal means to pay less income tax I do not want him or her as my President.

Seems a bit of a strawman to me. Could you cite or quote any prominent national elected critic of Romney that accuses him of illicit income tax evasion? Hmmm?

I don’t recall anyone of that stature stating any conjecture that Romney engaged in illegal activity of any sort. But some might be of the opinion that a multi-millionaire that pays less federal income tax than a family of four earning $45,000 annually is just plain “smarter” than those dumb schmucks who can’t figure it out…might just be a tad incensed at the insinuation.

Tell you what. Give me $250 million, and we’ll see if I can afford a legion of tax attorneys to exploit every legal dodge and loophole available to provide little no personal contributions whatsoever in sustaining our military, infrastructure, or education, Thats perhaps the kind of law-abiding patriot I just might be… :)

Let me ask this question: if you were making say $750,000.00 a year in regular income and $250,000.00 in capital gains, dividends, and interest would you pay approximately 44% of $750000 and approximately 15% of $250000 in taxes to the Federal Government? Or, would you hire a very smart tax account and reduce your tax burden? If you said pay the maximum either you are very stupid or extremely liberal.

Oh, I see. You mean the millionaire morons that paid a marginal rate of 63% on incomes over a million dollars in 1932?
79% on incomes over $5 million in 1936?
88% on incomes over $200k in 1942?
91% in 1954 (under a Republican administration! *gasp*)
77% in1964.
50% *after* the Reagan tax cuts.
Or maybe the “tax hike” to 39.6% upon incomes over $90k under the Clinton administration whereupon unemployment dipped to record lows, with record highs of job growth and deficts turned into surplus? Those terrible days of horrific tax burdens upon the “job creators”?

Now let’s look at Obama.

Oh goody :)

This country is what is called “center right” on social and economic issues.

Just to be querulous, by whom?

Now Obama has refused to release his college transcripts. What is he hiding in these transcripts? Has he written papers that express his social and economic ideals that would be objectionable to the American public? Does his GPA show that he was lazy, non-motivated, lacking in various academic areas, or one or more of these? Just what is Obama afraid to bring to the light of day?

Well. let’s see.
Obama graduated from Harvard Law School Magna Cum Laude, which is awarded to the top 10% of the school's students.
He was elected President of the Harvard Law Review.
Obama was a Law and Government Fellow at the University of Chicago Law School
He then taught at the University of Chicago Law School for twelve years—as a Lecturer from 1992 to 1996, and as a Senior Lecturer from 1996 to 2004—teaching constitutional law.

Obviously, he’s a low grade moron, compared to other Presidents like Reagan and GWB.
Perhaps we would know more about the man if we could just read his seminal work, “What I did on Summer Vacation” when he was in 5th grade? Now that would be revealing stuff indeed...
As far as Obama’s leadership qualities…absolutely necessary for the President of the United States.

Oh, do go on…

1. Obamacare, should have been called Pelosicare. Pelosi pushed Obama to back this, Rahm E. urged Obama not to “go big”…Pelosi won

She did (kinda, sorta, but not really), and the legislation was actually entitled the “Affordable Care Act”. Many of us lunatic fringe liberals actually sought the alternative of a “Medicare for All” as solution, but Medicare is so unpopular and disliked, alongside that “socialistic” care for all veterans and members of Congress..that it was ditched for the more appealing option of leaving it in the hands of private insurance companies instead. Thank your local Republican congressman for that validation of “for-profit” medical care.

2. It is reported that the decision to take out Osama bin Laden was cancelled three times on the advice of Valerie Jarrett. It appears that Obama runs everything past Valerie. She shows up at the National Security Meetings (hmmmm security leaks?).

Oh, is that what is in those withheld Romey tax returns, or Obama’s transcripts?

Who really killed JFK?

Or why the Apollo moon landings were faked?

Maybe only Dick Cheny knows where all of Hussein’s WMD’s are hidden?

Does Santa play favorites?

*rolls eyes*
 

Amill

Apikoros
For you out there that say that Romney is hiding something illegal in his tax returns is a non-truth, see #3 above. The Obama supporters say that he used loopholes in the Tax Code to pay less tax. Granted he probably did, I am not saying he did or did not. However, in my opinion, if a person was too stupid to use legal means to pay less income tax I do not want him or her as my President. Let me ask this question: if you were making say $750,000.00 a year in regular income and $250,000.00 in capital gains, dividends, and interest would you pay approximately 44% of $750000 and approximately 15% of $250000 in taxes to the Federal Government? Or, would you hire a very smart tax account and reduce your tax burden? If you said pay the maximum either you are very stupid or extremely liberal.

Is it possible that he's afraid that there are voters out there who might want to reform the tax code, and that if he shows his taxes, they'll think that he wouldn't ever want to reform it? :shrug:
 

Copernicus

Industrial Strength Linguist
I am not totally surprised at the lengths to which Romney's supporters will go to defend his decision to keep his tax returns secret. He never fully disclosed his 2010 returns, although the press doesn't often point this out. He left out the report that concerned his Swiss bank account, and that has fueled speculation that he originally used the account to cheat on his taxes and then used the amnesty program to escape prosecution. If true, that would be something that voters ought to know about. Romney has only given an estimate for his 2011 returns, although Paul Ryan has characterized that as a "release" of information.

So, the reality is that Romney has not fully disclosed any of his tax returns. He only made a partial disclosure of the 2010 returns. There is a legitimate question of why he had a Swiss bank account, which is usually used by Americans to hide income from the IRS. He has never adequately explained that. Add to this the fact that Romney's father virtually started the tradition of having candidates reveal their tax returns, and Romney Jr. is the first to buck that trend. Add to this the fact that Romney himself (like all presidential candidates) demanded to see the tax returns of those who would be running as his VP choice. Add to this the fact that all his appointees will be required to disclose their tax returns to be confirmed for office by Congress.

Again, what exactly is the rationale for giving this guy a free pass on his tax returns? He is applying for the job of the most powerful office in the world. He will have more influence than anyone else over how taxes will be collected during the next 4 years. If he wants privacy, he can stay in the private sector. If he wants a job in the public sector, he can d*mned well show us the same records that his peers have shown the public as a prerequisite for the job.
 

s2a

Heretic and part-time (skinny) Santa impersonator
I'd say that the American political spectrum is center-right on average.

However, I also think that Obama is center-right, and I don't think that's what esmith was getting at.

I'd say that most Americans are "center-disengaged" from politics in general, and even more have little understanding about how their own government even functions...when it actually does function at all.

:)

ie, most don't know, and don't care...which explains why many often vote against their own interests without even understanding why they do.
 

Reverend Richard

New Thought Minister
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.

Seriously? You really might want to do your homework a little better on those numbers. Today, in the 112th congress, Republicans hold the majority in the House, and the Dems hold a slim margin in the Senate.

From Wikipedia:

In the 2010 midterm elections, the Republican Party won the majority in the House of Representatives. While the Democrats kept their Senate majority, it was reduced from the previous Congress.[3] This is the first Congress in which the House and Senate are controlled by different parties since the 107th Congress (2001–2003), and the first Congress to begin that way since the 99th Congress (1985–1987). In this Congress, the House of Representatives has the largest number of Republican members, 242, since the 80th Congress (1947–1949).[4] This is also the first Congress since 1947 in which a member of the Kennedy family has not served, as well as the most politically polarized Congress since Reconstruction, with record low approval ratings.
 

Revoltingest

Pragmatic Libertarian
Premium Member
There's no comparing ones college grades to one hiding millions in possibly ill-gotten gains.
It could also be said this way....
There's no comparing one's tax returns to one hiding bad grades & possible illl-gotten scholastic accolades.
As the only recent prez/candidate with top secret grades, he must be hiding something worse than Bush, Gore, Kerry, etc, eh?

Ultimately his taxes or lack thereof is outweighed by his social economic agenda IMHO.....
You are correct that all this "disclose this" & "disclose that" mask
the real issues of what the candidates did, do & will do in office.
I don't care in the least what my guy (Gary Johnson) did in school or on his taxes.
I hope he's stinking rich & stuck it to the tax man, but it won't affect my vote.
 
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Dirty Penguin

Master Of Ceremony
Or perhaps he grew tired of people putting their hand in his pockets. Stashing cash offshore is hardly ill gotten gains. Who's money was it after all? Class warfare is envy and greed.

Yes, our government is greedy.

Never said it was ill-gotten gains....I said "possibly".....

While I understand the need for transparency; in this case I personally don't focus on that part of Romney's life. I'm more concerned with the issues on a whole....(i.e. Abortion, LGBT rights, Medicare, education, economy). Personally I feel as though he is deficient in these areas.
 

Revoltingest

Pragmatic Libertarian
Premium Member
Never said it was ill-gotten gains....I said "possibly".....
That's like my saying that Obama possibly cheated in school, & thus wants his scholastic records kept secret.
Obama also possibly:
- Beats his dog.
- Still does drugs.
- Smokes more than he lets on.
- Bullied more children than the one he admitted to.
- Cheats on his taxes.
- Secretly covets Lurline Lumpkin.
He has never publicly denied any of these possibilities.
 

tytlyf

Not Religious
The more I think of it when it comes to the Presidency, I'd rather have a Community Organizer instead of a Businessman as President.

Community Organizer works for the people. A businessman works for himself.
 

Deut 13:1

Well-Known Member
Let me ask this question: if you were making say $750,000.00 a year in regular income and $250,000.00 in capital gains, dividends, and interest would you pay approximately 44% of $750000 and approximately 15% of $250000 in taxes to the Federal Government? Or, would you hire a very smart tax account and reduce your tax burden? If you said pay the maximum either you are very stupid or extremely liberal.
I guess what I don't understand is this. The LAW says the tax on capital gains, dividends, and interest is 15%. The commercials for the Democratic party claim he paid 14%. To me it seems like he is paying his taxes... Everyone has donations, right-offs, etc... to lower their taxes a little bit. If the democrats have that big of an issue that the law lets him pay 15%, they should change it instead of complaining about it. They have a democratic house, democratic senate, democratic president and you're complaining because the laws are not fair?

It's just stupid politics.
 

Reverend Richard

New Thought Minister

I guess what I don't understand is this. ............ They have a democratic house, democratic senate, democratic president and you're complaining because the laws are not fair?

It's just stupid politics.


You continue to propagate a falsehood. Today, in the 112th congress, Republicans hold the majority in the House, and the Dems hold a slim margin in the Senate.
 

Deut 13:1

Well-Known Member
You continue to propagate a falsehood. Today, in the 112th congress, Republicans hold the majority in the House, and the Dems hold a slim margin in the Senate.
So what did they do in 2008 when they had the majority and the power of the people behind pretty much whatever agenda they wanted.
 
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