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Old 08-07-2012, 09:01 PM
 
Location: The Cascade Foothills
10,942 posts, read 10,294,465 times
Reputation: 6476

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Quote:
Originally Posted by F40 View Post
I've been gone all day just checking in to see if he released the returns?... Nope.
Maybe by tomorrow morning.............

 
Old 08-07-2012, 09:04 PM
 
69,368 posts, read 64,317,925 times
Reputation: 9383
Quote:
Originally Posted by urbanlife78 View Post
One tax return doesn't count, people want to see several years worth. Obama has released 11 years, what is Romney hiding to make him not want to do the same? You Cons think one year is the same as 11...
I didnt once ask Obama to disclose his tax returns for 1 year, let alone 11. You dont get brownie points for releasing documents no one cares about.. well clearly those who arent dumb..
 
Old 08-07-2012, 09:07 PM
 
69,368 posts, read 64,317,925 times
Reputation: 9383
Quote:
Originally Posted by Donna-501 View Post
He paid 14% in the year that he set up to show us, what about the rest? BTW, he didn't include the whole return.
Dont you know that 14% is higher than 0%? And people say that our education system is fine, clearly its not..
Quote:
Originally Posted by Donna-501 View Post
Did you see his tax return?
Its on his website.. Since you care so much, did YOU see his returns?
 
Old 08-07-2012, 09:07 PM
F40
 
Location: 85379^85268
826 posts, read 860,994 times
Reputation: 404
He is so screwed. what a idiot. He will never release them, he can't. His "CAMPAIN" Is just an exercise For future Republican canidates to learn from. This is so funny to watch the Repulican's squirm with their boy Mittens



p.s. If there will be any royalties from using the the new term Romney "CAMPAIN" I will donate all proceeds to abused Dogs Foundation
 
Old 08-07-2012, 09:13 PM
 
69,368 posts, read 64,317,925 times
Reputation: 9383
Quote:
Originally Posted by F40 View Post
He is so screwed. what a idiot. He will never release them, he can't. His "CAMPAIN" Is just an exercise For future Republican canidates to learn from. This is so funny to watch the Repulican's squirm with their boy Mittens
Yeah, he's so screwed, he's only outraising Obama by 30% more a month.. haa..
 
Old 08-07-2012, 09:18 PM
 
Location: US
3,091 posts, read 3,979,972 times
Reputation: 1648
Amnesty? The IRS does not give amnesty. They swoop in, seize your records, freeze your assets, take everything, shut your business down (even though they technically are not supposed to do that), and let the attorneys sort it out. I have seen too many bad, bad days for business owners at the hands of the IRS on those seizure days.

Quote:
Originally Posted by florida.bob View Post
Arrest him? For what, my guess is Mitt was taking advantage of the offshore evasion Amnesty. I don't believe that is a crime. It's the amnesty from being prosecuted for the felony of hiding the money w/o paying taxes. So as I see it, bottom line is Harry's source is telling the truth so is Mitt, he eventually had to pay the taxes as a condition in the Amnesty. Just my guess, but I can certainly see why Mitt would not want that being "officially" exposed.
 
Old 08-07-2012, 09:25 PM
 
684 posts, read 1,156,638 times
Reputation: 910
Quote:
Originally Posted by Dale Cooper View Post
Are you still going on about that horse deduction that was, in fact, $49.00?

Slow is a serious disease. Get checked. You might be terminal.

Indeed, Dale, slow is a dangerous disease. Mr. Romney claimed $75,000, but the IRS caught him and only allowed $49.00. I.e., he tried to get away with it, but didn't.

Now, before you go off on the fact that he wasn't prosecuted, you need to know that there is not necessarily any criminal or otherwise wrongfully culpable intent attributed by the IRS in trying to get a deduction to which one is not entitled (so long as it isn't considered negligent, reckless or criminal by the IRS). People try it more often than you think. He probably got audited (also not necessarily only for bad guys; there are random audits and other audits based on certain "flags"). In this case my guess (yes, a guess since I haven't seen the tax returns) is that he tried to claim it as a business expense (i.e, as a deduction from gross income), but it only got allowed as a medical expense (i.e., a deduction from adjusted gross income to arrive at taxable income).

He preferred to try for the business deduction because it's a dollar for dollar deduction, but a medical deduction is only allowed to the extent it exceeds 7% of adjusted gross income. Since Mitt's AGI was probably substantial, that 7% exclusion would have probably almost wiped out any medical deduction. Hence see if he can pull it off, and just deal pay it if the IRS catches him.
 
Old 08-07-2012, 09:29 PM
 
684 posts, read 1,156,638 times
Reputation: 910
Quote:
Originally Posted by pghquest View Post
Dont you know that 14% is higher than 0%? And people say that our education system is fine, clearly its not..

Its on his website.. Since you care so much, did YOU see his returns?
Reid didn't say what years it was that Roney paid 0 taxes. In fact, it might not have even been during the most recent 10 years. It may have been back while he was still with Bain, up to 2002. Yes...2002. His 14% in the one year he's shown us proves nothing.
 
Old 08-07-2012, 09:35 PM
 
69 posts, read 175,955 times
Reputation: 45
Stupid people will believe anything.
 
Old 08-07-2012, 09:48 PM
 
684 posts, read 1,156,638 times
Reputation: 910
Quote:
Originally Posted by ringwise View Post
Do you really want to bring up a candidates father? You really want to go there?

Why don't you just say what you're really referring to?
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