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Where are Mitt Romney's tax returns?
2 years ago
| Hot!

 

Why hasn't he released them? What's he trying to hide?

 

http://www.youtube.com/watch?v=pSAGR0arBUo

 

2 years ago

Christian!  I didn't know that you could sing!  And wear a bathing suit!  Or whatever!

2 years ago

 

Or whatever!

 



This post was modified from its original form on 15 Sep, 13:34
2 years ago

 

So ... where are Mitt Romney's tax returns, anyway?

 

He already told us ...
2 years ago

He's paid at least 13% each year over the last 10 years!

 

Yeesh ... leave the poor, beleaguered guy aLONE! 

 

2 years ago

 

You're right! 

 

Okay, then ... where are the hosts of this group?

 

2 years ago

"So ... where are Mitt Romney's tax returns, anyway?"

 

In his bathing suit!  Think about it.

2 years ago

They are filed away with Obama's birth certificate, I hear.

2 years ago

Good one.  LOL

2 years ago

 

Yup. Haven't heard that one before.

 

So anyway ... why no comment from the right-wing peanut gallery? Where are Romney's tax returns? Why does he not release them?

 

 

 

2 years ago

Because if he did put them online, nobody on the left side would believe them?  And they might spend four years claiming that tey are fake?  And analyzing them for foregery?  And filing law suits?  Frivolous ones at that?

2 years ago

So anyway ... why no comment from the right-wing peanut gallery? Where are Romney's tax returns? Why does he not release them?

 

This is oddly familiar?

 

Hmm, oh yes, this is the type of activity the birthers participated in that christian loved to condemn so feverishly.

 

Just like you judged the Tea party by the actions of a few but then got all up in arms when OWS was judged the same way.

 

You are a testament to hypocrisy.

 

Romney did release 2010 and 2011 tax returns.

 

And ya, his tax rate was lower, but not his income tax rate. A majority of his income came from capital gains which is taxed at 15%.

 

Sure, it is using a loophole in the system but it is not illegal. And if you have an issue with the rate at which capital gains are taxed don't forget that they were lowered by such famous Democrats as Carter and Clinton.

 

There is an answer to this issue though. And that is closing the loophole by taxing carried interest at the same rate as, or closer to, income tax.

 

But you are simple. You will not look into the details of anything. You are only out to smear without any thought of intellectual honesty passing by that small portion of you brain that actually functions.

 

Here comes the new movement, taxers..!

2 years ago

And some of them are rather taxing, aren't they?

2 years ago

Actually, I do find the tax records issue to be less imnportant than, in general, a birth certificate.  Obama has released his and it's done.

 

 

2 years ago

The Romney tax situation is a great example of why we need comprehensive tax reform...

 

 

2 years ago

Nancy said:  And some of them are rather taxing, aren't they?

 

Good one Nancy, lol.  (Somehow I do not think our senses of humor are appreciated here...)

2 years ago

Nope.  Both trying to be serious.  Buck is probably quietly laughing. And Christian is saying- Who me?



This post was modified from its original form on 17 Sep, 10:56
2 years ago

I am always laughing at christians inability to think rationally.

 

He is like a child. All of his reaction are tantrums...

2 years ago

Harry Reid already told us that he met a guy who told him Romney hasn't paid any taxes. Isn't that enough?

2 years ago

I'll say one thing though, Obama has shown the birth certificate a couple of times now...

 

Can't say the same for Mitt, though, about his tax return.

 

I don't honestly give a crap anymore, I'm not voting for either of these two clowns.

2 years ago

I can't even vote for a third party candidate. Oklahoma politics are really screwed up. So I get to choose between giant douche and turd sandwich. No thank you. I'll pass on both.

 

2 years ago

Turd sandwich! Turd sandwich!

CAK ...
2 years ago

If you have a choice between a douche and a turd sandwich, I think you should choose the douche.

 

At least a douche is refreshing ... a turd sandwich will only leave a bad taste in your mouth.

 

2 years ago

 

 

Well, there are the tax returns. 14% effective tax rates? There are middle class people taxed at a higher % bracket than that.

2 years ago

I'm broken hearted that the wine question didn't make it onto the ballot. The question (if passed) would have made it so wine could be sold in grocery stores, instead of just liquor stores (that close at 9 pm and are closed on Sundays, mind you). It would be a great step towards eliminating some of our draconian liquor laws in Oklahoma, and maybe stores like Costco and Trader Joe's would consider opening stores here.

2 years ago

 

Turd sandwich all the way! 

 

I can't believe anyone in good conscience could vote for giant douche.

 

2 years ago

 

And now to address Buckmeister's idiotic and disjointed jibber-jabber:

 

This is oddly familiar?

 

Um, yeah. I do believe you're about to make my point for me in your very next sentence, and yet incredibly, you will completely miss said point. Let's take a look ...

 

 

Hmm, oh yes, this is the type of activity the birthers participated in that christian loved to condemn so feverishly.

 

Bingo. Right on cue, played out exactly as I said it would. If Buckmeister thinks that if us sane people having to put up with almost four years of Birther bullshit aren't then going to call Romney out on his refusal to produce his tax returns, he needs to get a clue.

 

 

 

Just like you judged the Tea party by the actions of a few but then got all up in arms when OWS was judged the same way.

 

You keep saying "actions of a few" in the face of overwhelming evidence that it is actually the actions of the vast majority, but whatever turns turns your crank, Buckminster. 

 

Where did I ever get up in arms about OWS? Show me link, please.

 

 

 

You are a testament to hypocrisy.

 

Consistently busting you on your drivel since 2005 is considered hypocrisy?

 

 

 

Romney did release 2010 and 2011 tax returns.

 

Whereas everyone else provided upwards of ten year's-worth or more. Romney's father produced 12-year's-worth back in the `60s.

 

Wow, so Romney released returns from the two years he knew he was going to be running for President, but none from before that. Wow. Go, Buck-a-roo! You clearly have your thinking cap on today.

 

 

 

 

And ya, his tax rate was lower, but not his income tax rate. A majority of his income came from capital gains which is taxed at 15%.

 

No fukkin' shyt, Sherlock. You are brilliant beyond compare. 

 

 

 

Sure, it is using a loophole in the system but it is not illegal. And if you have an issue with the rate at which capital gains are taxed don't forget that they were lowered by such famous Democrats as Carter and Clinton.

 

Never said it was illegal. Never even implied it. Not even sure if I'm all that against it, either. I'm against taxing the poor and against over-taxing the middle class to compensate for the lower tax rate rich people get, though. You, on the other hand, seem to be fine with that.

 

 

 

There is an answer to this issue though. And that is closing the loophole by taxing carried interest at the same rate as, or closer to, income tax.

 

Why, that sounds suspiciously like far-left, loony left, socialist-commie, com-com-communism, Buckmaster! 

 

 

 

 

 

But you are simple. You will not look into the details of anything. You are only out to smear without any thought of intellectual honesty passing by that small portion of you brain that actually functions.

 

You read my personal profile on FilipinoMailOrderBrides.com??

2 years ago


Mitt Romney Releases Basically Made-Up 2011 Tax Returns

John Cook

 

Mitt Romney has just released his long-awaited 2011 tax returns, and guess what? He deliberately overpaid his 2011 federal tax burden so he wouldn't look like an avaricious plutocrat gaming the system. Which is just bizarre.

 

According to a summary of their 2011 return released by the Romney campaign, the Romneys paid $1,935,708 in federal income taxes last year on $13,696,951 in income, almost all of it from his investments. That comes out to a 14.1% tax rate, far below the top rate of 35% for earned income. But here's the thing: Had Romney taken full advantage of all the deductions available to him, the rate would have been much lower, perhaps as low as 9%. He donated $4,020,772 to charity (good for him!), but only claimed a deduction on $2.25 million of that. Why? His campaign told BuzzFeed:

 

He has been clear that no American need pay more than he or she owes under the law. At the same time, he was in the unique position of having made a commitment to the public that his tax rate would be above 13%. In order to be consistent with that statement, the Romneys limited their deduction of charitable contributions.

 

In other words, Romney picked a tax rate and told his accountant to hit it. "Just get me somewhere north of 13% so people don't get mad at me." It's just an accounting gimmick; numerical smoke and mirrors. The tax return version of "I'm running for office, for Pete's sake—I can't have illegals!" Romney's reasoning is that he has previously said he never paid less than 13% in taxes. BUT HE WAS WRONG! Because in 2012, his burden under our galactically unjust tax system was less than 13%. So in order to retroactively render his remarks accurate, he simply rejiggered some numbers, neglected to take some deductions, and paid 14.1%. See—all fixed!

 

Continued:

 

http://gawker.com/5945356/mitt-romney-releases-basically-made+up-2011-tax-returns?popular=true

 

Disclaimer: Biased article which breaks the rules of journalism
2 years ago

 

Mitt Romney Could Recoup Extra Tax Payments After Election With Amended Return

Posted: 09/21/2012 4:23 pm EDT Updated: 09/21/2012 4:32 pm EDT

 

WASHINGTON -- Republican presidential nominee Mitt Romney on Friday announced that he will not take all the charitable deductions to which he was entitled for his 2011 taxes, in order to keep his tax return from falling below a threshold that would falsify an earlier assertion that he'd never paid lower than a 13 percent tax rate.

 

"The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor's statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years," his trustee Brad Malt said in a note accompanying the return.

 

The choice to not take the deduction allowed Romney to inflate his tax rate to 14.1 percent. The difference between his charitable giving of more than $4 million and his claimed deductions of $2.25 million increased his tax bill by several hundred thousand dollars, as he paid taxes he didn't have to on nearly two million dollars.

 

Luckily for Romney, after the election he can recoup that money. If the American people reject him at the polls in November -- and even if they don't -- Romney would be fully within his legal rights to file an amended return, requiring the Treasury to cut him a substantial check.

 

Continued:

 

http://www.huffingtonpost.com/2012/09/21/mitt-romney-tax-return_n_1904573.html

 

2 years ago

I hope I live long enough to seem him go to jail.  

2 years ago

 

He would have to break the law first. I'm not sure he's actually done that, or if he has, we haven't found out about it. Yet.

 



This post was modified from its original form on 22 Sep, 6:04
14% ...
2 years ago

I pay proportionately double that. 

 

I really don't give 2 sh1ts about legalities ... there is something wrong with this picture.

 

I wonder ...
2 years ago

how much the Obamas pay? 

 

2 years ago

 

About 20 or 21%.

 

Actually, what is wrong with only paying 15% tax on investment income? Anyone can do that if they want to. If someone is able to work their way into a position where the majority of their income comes from investment income, why should they be penalized for that? I don't think the lower tax rate is really the issue, because, again, no one is stopping anyone from buying stocks and benefitting from a lower tax rate. The issue is more that Romney is completely disconnected from reality and the common man, as well as the fact that he hides a lot of his money offshore to avoid taxes.

 

2 years ago

 

I also wonder about his "charitable donations." I'll bet they don't go to actual charities of any worth. Anyone can set up any organization and call it a "charity." That includes the Mormon church. If that's where his "charitable donations" are going, then it's not really going to a proper charity.

 

2 years ago

Excellent point Christian. 

 

(and for that very reason my Dad always felt that churches should pay taxes too).



This post was modified from its original form on 22 Sep, 12:45
2 years ago

I think all the Romneys in this country should go to jail.  It may be legal right now  to be a corporate raider (invading successful American corporations and raping the capital out of them, stealing worker pensions, etc), but it sure isn't moral.  We need to make this kind of vulturism illegal.  Romney is so steeped in this culture of corporate-raiding that he honestly can't fathom what might be wrong with stealing the retirement benefits right out from under thousands of workers in a factory (American Grinding Corporation, for example, or KB Toys) for his own personal profit.  Can you imagine the anger these people must feel after working for a corp. for 30 years and being about to retire, only to have their retirement stolen by the likes of Mitt Romney?  Why do we allow this to be legal?  It is so unjust. The law here does not protect the workers.  It is wriiten solely for the benefit of the Wall St. rich.

 

 

2 years ago

 

Legal Analysis Outlines Potential Crime In Mitt Romney's Financial Disclosures

Posted on September 26, 2012 by Marika

 

Romney claimed in his disclosure filing that he departed from “any” active role in Bain Capital in 1999, which would be politically convenient because it was before Bain Capital was most heavily involved in outsourcing jobs. However, the legal analysis released today, which includes a review of state law in Delaware, where Bain Capital was incorporated, concludes that existing evidence is “clearly inconsistent with [Romney’s] flat disavowal of ‘any’ involvement in the ‘operations of any Bain Capital entity in any way’” after 1999.

 

http://front.moveon.org/legal-analysis-outlines-potential-crime-in-mitt-romneys-financial-disclosures/?rc=fb.fan

 

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