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-   -   Mitts taxes (https://www.talkofthevillages.com/forums/villages-florida-political-talk-88/mitts-taxes-57772/)

Guest 08-03-2012 04:56 PM

Eight pages and 72 posts later we still have no resoultion concerning "Mitt's Taxes. This would indicate that we have some very strong candidates for Congress. Heck congressmen never get anything resolved either. Is this post grammatically correct?

Guest 08-03-2012 05:46 PM

Quote:

Posted by Guest (Post 533472)
A couple of points here - Banks are still not paying any interest to speak of on savings. Definitely true but interest on loans and mortgages is at a very low point also. Remember under Carter that interest on savings was paying 10% but interest rates on mortgages was 15%? What is good for some is not good for others.

Lots of conservative posters here have been arguing that Obama should start arming rebels in Syria. Good idea or not? Time will tell. I say not.

Obamacare is not going to hurt you financially at all - and you will continue to get the same quality and timeliness of healthcare you get right now.

buggyone - good news - loan/mortgage rates are low; bad news - i don't need either and am not selling a home so i don't need anyone to get a mortgage to help me there. [ps - i paid 14% back then but was glad to get the 10% back on savings - net 4% cost. was thrilled when we could refi to [9%, 6% and then 4%]

syria - yes, time will tell BUT the secrecy is the polar opposite of obama's campaign promise of transparency!

obamacare won't hurt me financially - what about the tax on investment income? mine might not be as much as mitt's or buffett's - but i still do a happy dance all the way to the bank when those dividend checks come in! how much of that is obamacare gonna take from me to pay for something for someone else!

Guest 08-03-2012 07:27 PM

Three congressmen have sent a letter to the Justice Department asking them to investigate how Mitt Romney accumulated between 20 and 100 million dollars in his IRA. They want to know how he got those returns in a tax free account. Was there insider trading? Was there something illegal?

Guest 08-03-2012 07:53 PM

Quote:

Posted by Guest (Post 533623)
Three congressmen have sent a letter to the Justice Department asking them to investigate how Mitt Romney accumulated between 20 and 100 million dollars in his IRA. They want to know how he got those returns in a tax free account. Was there insider trading? Was there something illegal?

That is wonderful...how will Obama create jobs that he did not in the last 3 years ?


By the way, how do you stand on Reid stopping any control over the tax scams being done by iliegal immigrants that cost us in the BILLIONS !

Guest 08-03-2012 08:33 PM

Quote:

Posted by Guest (Post 533623)
Three congressmen have sent a letter to the Justice Department asking them to investigate how Mitt Romney accumulated between 20 and 100 million dollars in his IRA. They want to know how he got those returns in a tax free account. Was there insider trading? Was there something illegal?

i so hope holder grants their request! it will absolutley seal the deal re how blind justice is in america under his direction!

Guest 08-04-2012 09:09 AM

Quote:

Posted by Guest (Post 533657)
i so hope holder grants their request! it will absolutley seal the deal re how blind justice is in america under his direction!

So looking forward to hearing Mitt Romney explain how his $180,000 in contributions to his IRA, $6000 maximum amount allowed for 30 years, is now worth between 20 and 100 million dollars, and how he has been sheltering this money in a tax free account all these years.

Hopefully, this investigation will be fast-tracked so that we can hear Romney's explanation before the election. Perhaps it's time for republicans to think about nominating another candidate.

Guest 08-04-2012 09:14 AM

Quote:

Posted by Guest (Post 533779)
So looking forward to hearing Mitt Romney explain how his $180,000 in contributions to his IRA, $6000 maximum amount allowed for 30 years, is now worth between 20 and 100 million dollars, and how he has been sheltering this money in a tax free account all these years.

Hopefully, this investigation will be fast-tracked so that we can hear Romney's explanation before the election. Perhaps it's time for republicans to think about nominating another candidate.

But the tax bill when it's drawn out is going to be a Lulu.

Guest 08-04-2012 09:29 AM

it really is no mystery to wait for how it happened. The federal tax laws of this country allow it.....that means it ain't illegal. You might not like it....but anybody at any earnings or wealth level are eager to take advantage of those laws, loop holes and interpretations that allow one to pay less, little or no taxes.

That is why the big deal tax question is such a joke.....when do we move on to the real issues affecting America? How about Obama's alleged real estate deal in Illinois with his real estate buddy to sell of pieces of property to diminish the real value and pay lessor tax? Don't worry about it. He is a lawyer...he did not do anything illegal.....some of us just don't like it.

It has nothing to do with or affect electability....just like it apparently did not affect voting for Obama.

btk

Guest 08-04-2012 10:30 AM

I agree. I'm tired of the mud slinging with the only purpose to discredit everyone but the slinger.

Guest 08-04-2012 10:51 AM

Quote:

Posted by Guest (Post 533779)
So looking forward to hearing Mitt Romney explain how his $180,000 in contributions to his IRA, $6000 maximum amount allowed for 30 years, is now worth between 20 and 100 million dollars, and how he has been sheltering this money in a tax free account all these years.

Hopefully, this investigation will be fast-tracked so that we can hear Romney's explanation before the election. Perhaps it's time for republicans to think about nominating another candidate.

hopefully it will spur holder to address the REAL problems within this administration - fast-tracked or not!

Guest 08-04-2012 12:04 PM

Quote:

Posted by Guest (Post 533779)
So looking forward to hearing Mitt Romney explain how his $180,000 in contributions to his IRA, $6000 maximum amount allowed for 30 years, is now worth between 20 and 100 million dollars, and how he has been sheltering this money in a tax free account all these years.....

Maybe that question should be asked of Treasury Secretary Tim Geithner who's over the IRS, to see why they have not prosecuted Romney for such alleged violations.

After all, Geithner is no stranger to working the system......

"The statute of limitations had expired for 2001 and 2002, and Geithner did not file amended returns or pay the additional amounts due for those years until after Obama expressed his intent to nominate Geithner to be Secretary of the Treasury.

He also deducted the cost of his children's sleep-away camp as a dependent care expense, when only expenses for day care are eligible for the deduction, failed to assess himself an early-withdrawal penalty from a retirement plan, took a charitable-contribution deduction for ineligible items, an improper small-business deduction, and made illegal expensing of utility costs that went for personal use."


http://en.wikipedia.org/wiki/Timothy_Geithner

Guest 08-04-2012 01:34 PM

Quote:

Posted by Guest (Post 533865)
Maybe that question should be asked of Treasury Secretary Tim Geithner who's over the IRS, to see why they have not prosecuted Romney for such alleged violations.

After all, Geithner is no stranger to working the system......

"The statute of limitations had expired for 2001 and 2002, and Geithner did not file amended returns or pay the additional amounts due for those years until after Obama expressed his intent to nominate Geithner to be Secretary of the Treasury.

He also deducted the cost of his children's sleep-away camp as a dependent care expense, when only expenses for day care are eligible for the deduction, failed to assess himself an early-withdrawal penalty from a retirement plan, took a charitable-contribution deduction for ineligible items, an improper small-business deduction, and made illegal expensing of utility costs that went for personal use."


Timothy Geithner - Wikipedia, the free encyclopedia

That is the purpose of the letter to the Justice Department, to investigate Mitt Romney's IRA holdings. Every day Romney is talking about his taxes, his IRA holdings, his offshore accounts, his dancing horse, his car elevators is a winning day for Preseident Obama, who is out there every day explaining to people how Romney's tax plan will increase their taxes by as much as $2000 per year while reducing his taxes by $87,000 annually.

Guest 08-04-2012 01:48 PM

Quote:

Posted by Guest (Post 533918)
That is the purpose of the letter to the Justice Department, to investigate Mitt Romney's IRA holdings. Every day Romney is talking about his taxes, his IRA holdings, his offshore accounts, his dancing horse, his car elevators is a winning day for Preseident Obama, who is out there every day explaining to people how Romney's tax plan will increase their taxes by as much as $2000 per year while reducing his taxes by $87,000 annually.

We are really watching and reading at different posts !!!

I have seen NOTHING of what you say Romney is saying.....as I didnt see Obama's JOBS bill that you saw ......guess I am tuned in to the wrong reading materials, etc.

Does Obama ever talk about his plans for jobs, or anything like that in whatever you read ? I have heard a rumor that Romney wants to change the tax code sustantially but of course it is only a rumor.....didnt Obama have a committee looking into that one time..oh, in my reading material, he dumped them !!!

Guest 08-04-2012 01:57 PM

It is interesting to see some on this thread continue to pound the table and demanding an accounting as did harry Reid to the Senate.

first romney has already turned over more years than are required by law to do so.

Secondly Harry Reid in spite of his demands for romney's taxes refuses to share his taxes.

Thirdly Romney's tax returns shows he paid what was required of him by law.

Fourth those demanding more tax returns and especially those on this thread would gain nothing because they wouldn't understand them in the first place.
Heck these poster making such demands probably have to take their simple tax filings to H&R Block. Geeezzz

Guest 08-04-2012 01:57 PM

Quote:

Posted by Guest (Post 533935)
We are really watching and reading at different posts !!!

I have seen NOTHING of what you say Romney is saying.....as I didnt see Obama's JOBS bill that you saw ......guess I am tuned in to the wrong reading materials, etc.

Does Obama ever talk about his plans for jobs, or anything like that in whatever you read ? I have heard a rumor that Romney wants to change the tax code sustantially but of course it is only a rumor.....didnt Obama have a committee looking into that one time..oh, in my reading material, he dumped them !!!

Mitt Romney spent his whole news conference yesterday (Friday) in Las Vegas talking about his taxes. President Obama's American Jobs Act would have been discussed, if Speaker John Boehner had brought it to a vote on the house floor, but Boehner was too busy calling for a vote to repeal the Affordable Care Act 33 times.


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