Mitts taxes
 

You know everyone is saying that Romney hasn't paid taxes in 10 years. Well he uses the same tax code every one else uses and if he takes the same deductions every one else can then so be it . You can't tell me any one on this forum doesn't do the same. So whats the big deal. You feel guilty then give the government 50% on your income then you have room to bitch.

the best thing about the folks who claim that romney has not paid taxes is that they have no FACTS upon which to base their conclusion and allegation! where did a 'did not/did to' argument EVER get stan, ollie, spanky, alfalfa, darla, buckwheat, moe, larry, curly, lucy, desi, fred or ethel - only another episode! so i guess we can look forward to more of the same to come. :/

I have not posted regarding Romney's tax returns, and am not all that interested, however those that have would probably say the reason they have no FACTS upon which to base their conclusion and allegation is because he has refused to release his returns.

Mitt Romney has brought all this attention about his tax returns on himself. If he had just released them when he became the presumptive nominee, it might have been a one day or one week story. The way he has stonewalled makes people even more curious. This was not a story when Senators John McCain or John Kerry released their returns.

Romney also got caught up in a big kerfuffel over his taxes when he ran for governor, since he had claimed on his taxes he was living in Utah, but had to convince the MA Elections Commission that he was living in MA for seven consecutive years.

most likely - but -that being the case - they have no facts that he has not - mute point for them as i see it.

i can't see it that way. the attention has been brought and unrelentlessly pressed by the opposition - like a dog with a bone. your assumption that the release would be a one day/week story is highly unlikely! and as far as mccain, kerry, mitt's father or anyone else is concerned - they don't have a dog in this fight; so what they did is immaterial to present day.

hanging on to the tax return issue is just an opportunity for the oppositon to deflect the real issues in this election.

The most interesting aspect of the election frightened left on the issue of Romney's taxes is the actions of U.S. Senate leader Harry Reid.

Harry has been saying that someone from Bane Capital has been divulging information about Romney's taxes to him. THAT IS A FEDERAL CRIME AND A FELONY.

The IRS and the FBI should be investigating these allegations to find this person and determine the truth of what Harry is saying. If Harry lies at all, that also is a federal crime. Can you say Scooter Libby or Martha Stewart?

These are serious concerns and the IRS should be on top of this.

We all know that's not gonna happen, though.

:bigbow:

richielion -
i searched 'romney tax info leaked to reid' and the articles that come up are hysterical; especially the ones by michelle malkin! and the reader comments at the end of them were funnier than some of the jokes in totv's 'just for fun' forum! if ya have some spare time do the search!

what could axelrod, plouffe or anyone have promised reid in exchange for his making such unfounded allegations? he's just not lobbing snowballs here - you are right about the criminal actions!

yes indeedy....show me the person who does not have the goal at the end of the year to pay as little or no taxes than absolutely required by law and I will show you a fibber or liar!!!!

Still waiting for issues of significance to America's future.

btk

Senators McCain and Kerry, George Romney, George H W Bush, George W Bush, Bill Clinton, Ronald Reagan and others certainly did have a dog in the fight when they all released their tax returns. Republicans Bill Cristol and George Will and others have advocated to Romney to just get them out there and move on.

Like Jerry Senfeld would say "its all about nothing."

No, you don't have the correct information. Bain, not Bane, Capital is not the US Government. It is a crime for persons who work for the IRS to divulge information. It is not illegal for a private person to repeat the information they were told by the taxpayer (non-payer). Senator Reid is attempting to provoke Rmoney to release his returns by stating the worst case scenario. He claims he was told that Rmoney didn't pay taxes. He did not claim he has seen the returns nor that he is able to verify the claim, only that he has been given this information. Mitt can disprove it one simple way.

As for his history regarding his tax returns. I suggest you review his tax data for the time he was running for governor of MA. He claimed to the p ress that his taxes would show that he always had been a resident of MA even when he was living in Utah for the Olympics. MA law requires a candidate for governor to be a resident for each year for 7 yrs prior to running. Well, trust me says Mitt, I am a eligible, until he is forced by an investigation and it turns out he filed as a Utah resident in Utah, got a huge (over $40,000 tax credit there for his house) and filed his MA taxes as a nonresident, and he signed these forms under penalty of perjury.
Of course he then claimed he never actually reads his returns he just signs them. He does have a law degree by the way. So Mitt then retroactively changed his residency on his taxes, like he retroactively resigned from Bain. By the way at those eligibility hearings which happened after the 1999 Bain retirement retroactive date, Rmoney explained that of course he was a Mass resident as he was busy with his running of Bain.

So when Mitt tells you there is nothing to see in his taxes, he has a history of lying, or as he puts it, he doesn't know what is in them he just signs them. The AP asked if the he ever paid lower than the 13% rate in the one released year and he said he'd get back to them with information. They are still waiting.

I am typing this from memory and may have some minor details wrong, but the thrust of the post is correct.

I doubt there will be any criminal wrong doing, however, the loop holes used for years by his tax lawyers will make him look less of a patriot than if he would have paid for his ventures right up front. Saying I paid everything I was required by law as he has said openly, has a bit of a smell to it. Not rotten, but turning sour none the less.

janmcn - i thought you knew - none of the presidents/candidates you list are running for election now...they and their taxes are history! lots of folks are advocating the same thing as cristol and will - can't help it if romney is smarter than they are! sheesh!

golfingnut - could you say anything different from I paid everything I was required by law as romney has said? it's certainly how our taxes are paid! and i don't think it sounds sour when i say it.

Doubt he is smarter than Bill Kristol. Better presidential material -- probably, smarter -- doubtful.

this article makes it seem pretty clear that harry's allegation cannot be true...if so, does that mean that the alleged leak could only come from someone in the irs or pricewaterhouse coopers? Michelle Malkin » Harry Reid: One time this guy called and said Romney didn’t pay taxes for ten years

How many years worth of tax returns do you think Mitt Romney is requiring his vice presidential contenders to supply - one year, two years? Just sayin'.
Romney couldn't even be confirmed for a cabinet position without supplying an adequate number of tax returns, but he expects to be elected president?

I am still waiting for all those long form birth certificate voices to call for full disclosure of Romney's tax returns. It might be time to start a new group called 'the taxers' to compete with the 'birthers'.

I understand and I can say it the same way, but I have never used any off shore banks to hide my earnings.

us neither - but i sure wish we could have! ;) wish i had extra money i could have hidden in my mattress! ;) my aunt wrapped hers in foil and put it in her freezer - called it her cold hard cash!

Guys from Iowa have off shore banks? Guess I will have to get back to Elgin sometime.

janmcn - you posted:
How many years worth of tax returns do you think Mitt Romney is requiring his vice presidential contenders to supply - one year, two years? Just sayin'.
...and i'm just sayin i really don't care!

Romney couldn't even be confirmed for a cabinet position without supplying an adequate number of tax returns, but he expects to be elected president?
...boy does that sound like harry reid clip that has been posted all over the internet in various grammatical configurations this week...come up with something original...parroting an addled old man is not your style ;)


I am still waiting for all those long form birth certificate voices to call for full disclosure of Romney's tax returns. It might be time to start a new group called 'the taxers' to compete with the 'birthers'.
...please don't hold your breath while you wait! i posted the same thought somewhere - obama people and romney people could get together and negotiate a document swap like countries do prisoners! won't happen though 'cause obama people don't negotiate. ;)

This tax thing is so crazy.

Mitt Romney is a very very rich man. His family had money and he earned quite a bit on his own. He admits to that.

As a very very rich man, he has a slew of lawyers and accountants on his payroll to insure he takes advantage of every legal ta break possible. He would admit to that.

SO WHAT is the question. What does that have to do with his qualifications for the office he is pursuing ?

Oh, he cant relate ? Oh, a guy who has done NOTHING in his life except run for office CAN relate.

The only thing that the Democrats want this for is to use it as another diversion in attacking the man instead of the issues and to create more divide in this country with the class warfare rhetoric. They are bound and determined in the Democratic party to just slay the character of the man and ignore the issues......and they should be given more things to use to continue this character assault. No...let them begin to discuss issues !

President Obama has been out there for two days talking about the issues. The issue of Mitt Romney's planned tax cuts which would raise taxes on 95% of the American people by up to $2000 per year while cutting taxes on anyone earning $1,000,000 by $87,000 per year.

Meanwhile, Romney tells Senator Harry Reid to "put up, or shut up" regarding Romney's ten years of paying zero taxes. Romney's the one with the documents, so it would be difficult for Reid to "put up". Stay Classy, Mitt.


President Barack Obama headed to Florida with study showing Mitt Romney's tax plan hurts middle class - Tampa Bay Times

There's no upside to Romney releasing them. I'd rather have the haters like you bitching about it than releasing what I know have to be very extensive and complicated tax returns.

Republican establishment types who advocate for Romney to release his returns are idiots in my opinion.

We never heard of it in Parkersburg.

Just my opinion but when someone makes an accusation about someone else, then it seems to me that the person who made the accusation is the one to put up or shut up. That does not make sense to you....you obviously based on your post know that Reid knows nothing but simply made an accusation....nice guy !!! And you think Reid is classy...says quite a bit. Idle accusations from the leader of the US Senate...great !!!


You are misreading perhaps that when Obama talks about Romney's plans, that is not exactly presenting his own plans, which we must assume have been worked on for 3 years...they better be good.

Would be wonderful if you began a thread to discuss his jobs plans...the details, etc so we can all talk about them !

I wouldn't let this go if I were Mitt Romney.

Any unauthorized release of information on a person's tax returns is a federal offense with a penalty of up to $5,000 and/or a 5 year prison sentence, and if that violation is committed by any officer or employee of the United States, he shall, in addition to any other punishment, be dismissed from office or discharged from employment upon conviction for such offense.

Harry Reid is making allegations against Romney that are either lies, or if true have been leaked to him or by him.

Either way this is a serious breach of the public trust and an investigation should be launched to find the truth of this.

If I was a key member of the Romney campaign I would be before every media outlet I could find and demand this. This is a bigger story that whether Romney releases his pre 2010 returns, which he has already released.

26 USC § 7213 - Unauthorized disclosure of information | LII / Legal Information Institute

What is he hiding?
 

I read the article you cite. It is devoid of any new information and certainly nothing that says the allegation cannot be true, only an opinion that no one at Bain would have known Rmoney's tax information so it must have come from outside. Now there are two responses I can make to that. If that is true, then Malkin is saying that Reid has good information which came from Rmoney's accountant office perhaps "found it on a fax machine", or perhaps Mitt liked to brag about how he worked the tax system so well his tax liability went to zero and that bragging is the source of this allegation. So when Malkin quotes another author who states that it is impossible the leak can from within Bain he ignores the possibility is was a Bain peer who was told directly of the non-payment in a conversation. Either way, nothing in Malkin's article makes any claim that laws were broken as was alleged. It does say, as I stated that Reid's claim is hearsay and clearly is more a political ploy than evidence based.
Again, Mitt can stop all these rumors by doing what every other modern candidate has done. Maybe its all those donations to Planned Parenthood that he wants to hide.
As for the statement that Reid would not take a call from a former Bain insider, that's Malkin's proof? Do you think he wouldn't if the message was "I've got information on Rmoney's non payment of income tax"
The etch-a-sketch doesn't work on tax documents. It looks as if he is hiding more than just the fact that he is extremely wealthy. We all already know that so there is no reason to refuse to release the returns just because it would confirm that known fact.

janmcn - surely you cannot be so naive as to think mitt is talking about harry's tax returns rather than 'putting up' the name of the source who provided him the allegations he ha made! have i given you too much credit for being a knowledgable information opponent? as pointed out in a link i posted in a previous post, the article explained how the source could not be a bain investor as harry claimed.

and re mitt's plan for tax cuts - let me see an independent analysis or the cbo analysis of costs next to obama's analysis before anyone goes proclaiming - again - that obama has a plan to save the economy!

Allow me to add NJ if I may that JANMCN has it all twisted around. When Obama is talking about Romney's plans that is NOT the same as giving his own plans...see how that works !!!!

Reid is a blatant...well,, lets just say he has stopped more bills in the senate that would create jobs in the last two years, he should be ignored. He certainly has not interest !!!

The regulation you cite is very specific. It applies to release of information by government agents not private individuals. There is a separate law which applies to professional tax preparers who knowingly or recklessly disclose information and that is a misdemeanor. There is no law which says that if Richie Lion told me in a conversation that he paid tax at a 28% rate, that I cannot repeat that information. By the way are you related to Snoop Lion? I suspect this information came from Mitt bragging about his tax liability of zero after he deducted his horse and his houses and his off shore accounts and whatever else, all perfectly legally. And now people who heard him brag either first hand or otherwise are reporting the rumor. Nothing in the law relates to this situation and it fits the picture painted by Reid of multiple people reporting the same rumor, which may be entirely false
Clear it up Mitt. To attack Reid to try to get him to reveal his source is only going to backfire. To allege it came from the White House makes it sound more likely to be true than less likely as the White House has pretty good access to information. Release your returns, complete with all forms. Not missing stuff

Explain please IF he paid zero for the last TWENTY YEARS but did it legally, what that exactly means ? That our tax code needs to be fixed ? I agree, Romney agrees and Obama also did until push came to shove and he fired his blue ribbon committe that was set up to fix it !!!

Here you go. Just plug in your family income, and figure out who has the better plan for you, then you can decide.


Who is fighting for the middle class? President Obama versus Mitt Romney. — Barack Obama

Oh should the world be so doggone simple. Wouldn't that be great. What kind of fairy land do you have to believe in to even give something like that any credence whatsoever.....to believe in that is to believe in the tooth fairy.

Simple is good I suppose...good for you !!

Welcome back, Bucco.

Except Seinfeld was certainly not a show about "nothing". :icon_wink:

Welcome back Bucco. I was hoping you would use your time off the moderate your positions and become more reasonable. Guess not.

And what should I say to a post that says Obama is dicussing his jobs programs and he is NOT..he is discussing nothing but Romney !

What should I say to that....and please respond. I even suggested to that poster that she begin a thread listing what Obama wants to do and his plans and allow us to discuss it.

What do you say to that kind of thing...he is NOT discussing jobs he is discussing Romney and he had NO JOBS bills until election time.

Listen, I can be moderate but this is crap...lets talk about the jobs proposals sitting in the senate....lets discuss what have we been doing about jobs and what plans both have BUT we will not. We will continue to call names and if I changed at all on that...bring it on....I am not going to be intimidated by anyone...I can have my mind changed for sure, but not by dribble that is nothing but party crap and has no functional or reality to it.

I will begin threads on platforms, etc and on foreign policy and nobody wants to touch them so this is what you get. Moderate my position ? I asked you directly when you call the President a moderate to tell me when, who, where and how he was ever one time exposed to moderate thinking or policy. I still await that !