RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (Full Version)

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Moonhead -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 11:18:32 AM)

Because they're freeloaders who think that the world owes them a living, just like welfare cheats.
(Obvs.)




Musicmystery -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 11:28:39 AM)

quote:

The rich provide a service, the customer buys and is satisfied. Each helps each other. win/win Obama's vision is: the rich should take a chance on losing everything, spend long hours working, so they can provide tax income to keep the "unlucky" (Obama thinks success is being lucky) fairly comfortable.


So before the Bush tax cuts, there weren't wealthy people?

Or before the Reagan cuts?

Republicans: money just magically appears.




thompsonx -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 11:51:18 AM)

quote:

ORIGINAL: papassion


The rich are rich because they provide a product or service their customers find beneficial or they would not buy that product or service.


What service or product did bill gates provide when he illegally forced others to use his os?
What product or service do the 1700 sugar farmers in the u.s. provide for the residents of the u.s.? Is it the .30 cent a pound tax on all imported sugar that makes them rich or is it their satisfied customers who get fucked in the wallet?


quote:

The rich provide a service, the customer buys and is satisfied. Each helps each other. win/win

Not quite. Why is the customer satisfied when the one pound can of coffee he buys is 13 ounces.
Why is the customer satisfied when the half gallon ice cream package contains 48 ounces.
Did the consumer ask for this or was it stuck up his ass by the vendor for the sole purpose of making more money?


quote:

Obama's vision is: the rich should take a chance on losing everything,


The oil companies are heavely subsidized.
The banks are heavely subsidized.
Agribiz is heavely sugsidized.
What are these assholes risking?



quote:

spend long hours working, so they can provide tax income to keep the "unlucky" (Obama thinks success is being lucky) fairly comfortable.


It has been shown over and over again that these assholes do not pay taxes so what are you talking about?
Have you got a cite to validate your position that obama thinks success is being lucky?


quote:



This bullshit about the roads, public utilities, airports, and all the infrastructure. Does Obama think they only benefit the rich?


Once again how about a cite for this moronic bullshit

quote:

What about the roughly 50% who use all these improvements and don't pay shit in taxes!


Who exactly are you talking about in this 50%?


quote:

What is their fair share?


When you tell us who they are I will tell you what their fair share is.

quote:

Is Obama as concerned that a lot of them feel cigs, booze and drugs come first?


You have yet to offer any sort of valid data to back up this moronic statement.

quote:

Look up the word, "enabler." How many of the bleeding hearts are enablers?



Would an enabler also be one who votes for corporate welfare?




Sanity -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 7:15:11 PM)


Pelosi asked much the same questions until...

Nancy Pelosi Downplays Tax Return Demand

And "seriously" - half of Obamas cabinet is made up of tax cheats


quote:

ORIGINAL: tazzygirl

Seriously.. wtf?

This is ok?

Can any conservative, honestly, on these boards, defend this when our economy, and the economies of the globe, are in the toilet?

I really want someone to defend this.... because.. if not.... this looks really fucking bad.





Lucylastic -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 7:19:32 PM)

When its his own party asking for the returns, its not a good sign




Sanity -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 9:33:06 PM)


Like Lennon said... "Imagine" leftists asking for just a hint of openness from 'the most transparent administration ever'

How is it really an issue anyway when its a prerequisite that one is a tax cheat in order to join team Obama


quote:

ORIGINAL: Lucylastic

When its his own party asking for the returns, its not a good sign






slvemike4u -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 9:36:10 PM)


quote:

ORIGINAL: Sanity


Like Lennon said... "Imagine" leftists asking for just a hint of openness from 'the most transparent administration ever'

How is it really an issue anyway when its a prerequisite that one is a tax cheat in order to join team Obama


quote:

ORIGINAL: Lucylastic

When its his own party asking for the returns, its not a good sign




Thats the ticket sanity just keep deflecting.
Your whole line of reasoning seems to suggest"so what if my guy is a lousy tax cheat....your guys are too"
You aren't exactly a discerning voter are you?




Owner59 -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/19/2012 9:37:27 PM)


Anything to screw America and Americans.......eh Liz?




tweakabelle -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 1:09:42 AM)

Romney's ongoing refusal to publish his tax returns is hard to fathom ......... unless those tax return contain devastating facts, damaging enough to torpedo his bid for the White House.

The longer he refuses to publish, the more suspicions will grow, the more the media will burrow, the more little leaks here and there will become enormously damaging ...... If however the returns do contain dynamite, Romney's bid will be sunk anyway. If there's nothing untoward in the tax returns there's no reason not to publish them. It would end the speculation which is hurting his campaign.

Any politician so incompetent or sleazy that they get themselves into potentially fatal lose-lose situation before he even enters the White House cannot be trusted with the keys of the White House. Just imagine the pickles they could get the USA into if they win ........ they could make Bush look competent!




Moonhead -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 3:25:25 AM)


quote:

ORIGINAL: slvemike4u


quote:

ORIGINAL: Sanity


Like Lennon said... "Imagine" leftists asking for just a hint of openness from 'the most transparent administration ever'

How is it really an issue anyway when its a prerequisite that one is a tax cheat in order to join team Obama


quote:

ORIGINAL: Lucylastic

When its his own party asking for the returns, its not a good sign




Thats the ticket sanity just keep deflecting.
Your whole line of reasoning seems to suggest"so what if my guy is a lousy tax cheat....your guys are too"
You aren't exactly a discerning voter are you?


He's a very discerning voter: he always checks that there's an R after the nominee's name.
[;)]




lulubell -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 5:26:35 AM)


quote:

ORIGINAL: tweakabelle

Romney's ongoing refusal to publish his tax returns is hard to fathom ......... unless those tax return contain devastating facts, damaging enough to torpedo his bid for the White House.

The longer he refuses to publish, the more suspicions will grow, the more the media will burrow, the more little leaks here and there will become enormously damaging ...... If however the returns do contain dynamite, Romney's bid will be sunk anyway. If there's nothing untoward in the tax returns there's no reason not to publish them. It would end the speculation which is hurting his campaign.

Any politician so incompetent or sleazy that they get themselves into potentially fatal lose-lose situation before he even enters the White House cannot be trusted with the keys of the White House. Just imagine the pickles they could get the USA into if they win ........ they could make Bush look competent!



Funny I used to think the same thing everytime BO refused to show his birth certificate. I never had any doubt that he had one so why hide it?




tazzygirl -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 5:43:45 AM)

quote:

Funny I used to think the same thing everytime BO refused to show his birth certificate. I never had any doubt that he had one so why hide it?


Because he did show it.

Now, explain how Romney's IRA.

http://www.huffingtonpost.com/2012/07/17/romney-ira_n_1681179.html

So far, Romney has said little publicly about his retirement account, leaving experts and the public with little information beyond speculation. “Nobody really knows what the explanation is,” said Slott. “Everybody’s guessing.”

One thing is clear. While most Americans have the ability to open an IRA, very few have the opportunity to engage in the sort of scrupulous tax planning Romney has shown.

“Romney is an aggressive tax planner,” said Wilkins.”He’s not just collecting his paycheck and dividends from Bain, he’s planning his affairs in the most tax advantageous [way possible].”

Still, Wilkins added, “I used to be a C.P.A. in private practice. It was not unusual for someone to roll over a $3 million IRA. But $20 or $100 million? It’s unfathomable.”


Someone doesnt want to explain.




mnottertail -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 6:17:00 AM)

quote:

ORIGINAL: Sanity


Like Lennon said... "Imagine" leftists asking for just a hint of openness from 'the most transparent administration ever'

How is it really an issue anyway when its a prerequisite that one is a tax cheat in order to join team Obama



This is the most transparent administration ever. Name one that was more?   The guy didn't say he was gonna be see thru.

It is unlikely the Obama adminstration, after its two terms, will out criminal the St. Wrinklemeat administration at 138.

 




Musicmystery -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 6:24:27 AM)

quote:

Romney's ongoing refusal to publish his tax returns is hard to fathom ......... unless those tax return contain devastating facts, damaging enough to torpedo his bid for the White House.

The longer he refuses to publish, the more suspicions will grow, the more the media will burrow, the more little leaks here and there will become enormously damaging


Well, first, despite the glee displayed by a few posters, the truth is this is and will remain a very close race. The Republican base will vote for the Republican candidate even if it's a cartoon character. The Democrats' base will vote for Obama, period. The people in play are the minority in the middle and how that will play out in the crucial swing states. None of this changes that; in fact, nothing will change that. The only other factor is perhaps people staying home instead of voting.

That said, yes, this let's the Obama camp control the message and overshadow anything Romney would rather say, and yes, Romney's campaign would do better to end this. I'm not a proponent of the silly "where there's smoke there's fire" version of pseudo-logic. But if those returns are damaging, he's really in a pickle. Still, as Nixon learned the hard way, it's the cover-up that gets you. If he's just standing his ground--it's not working.

All THAT said--this won't last forever. The American people don't have the attention span for it. In a week or few, everyone will be looking at the next shiny object to hit the "news." And that won't change any voters' minds either.

The political situation since 2000 has in fact only worsened this hardening of the categories. In 2006, people who LIKED their Republican representatives voted against them, reporting that they just couldn't let them go back and rubber stamp Republican policies. The GOP's own tight discipline, in its bid to grasp permanent power, made voting party line far more important than previously. Since then, the GOP has only gotten more insane with the naive Teas on one side and the quasi-looney Pauls on the other. I'd have considered a Republican in 2000 -- I liked McCain, and would have had to decide between McCain/Gore (not a Gore fan). Then they ran an idiot instead. By 2008, McCain had become Republicanized, and choosing Palin was just over the top idiocy.

I became a Democrat when Reagan embraced Falwell and the Religious Right. Today, still not enthused over the Democratic party, the Republican Party has just become even more of a threat, and third parties are still anchored to essentially single issue myopia, not ready to govern. Meanwhile, the GOP becomes more and more if not a single issue party, certainly a very few issue party. I can't imagine what its leaders are thinking, or how they see any of this as serving their long term interests.

Some reporters are noting Romney insiders say he wouldn't have run if he had known his taxes would be an issue. That's not a good sign. And yet, what can he do? Quit the race? THAT would make for an interesting convention! (Yes, not likely.)





tj444 -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 6:25:00 AM)


quote:

ORIGINAL: tazzygirl
“Romney is an aggressive tax planner,” said Wilkins.”He’s not just collecting his paycheck and dividends from Bain, he’s planning his affairs in the most tax advantageous [way possible].”

Still, Wilkins added, “I used to be a C.P.A. in private practice. It was not unusual for someone to roll over a $3 million IRA. But $20 or $100 million? It’s unfathomable.”

I find that to be questionable, or puzzling.. if a person is an "aggressive tax planner", why have $100 million in an IRA when the tax hit will get ya when you turn 71 or so.. If I understand the tax hit when he turns 71, it will be substantial.. why is it not in a ROTH?




tazzygirl -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 6:52:30 AM)

That seems to be the question thats being asked.. and not answered. It appears to be waiting to take a 35% tax hit at around age 70.




tj444 -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 6:54:30 AM)

I thought the question was why is there such a large amount when the amount a person can contribute is limited..

eta- if he is going to get hit by 35% tax, then why all the assumptions (by some people) that he has Cayman accounts etc to avoid tax? Imo, I doubt he has done anything illegal in his financial dealing or under-reported to the IRS..




Musicmystery -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 7:03:52 AM)

quote:

I find that to be questionable, or puzzling.. if a person is an "aggressive tax planner", why have $100 million in an IRA when the tax hit will get ya when you turn 71 or so.. If I understand the tax hit when he turns 71, it will be substantial.. why is it not in a ROTH?


A ROTH is a form of IRA. I have one, in addition to my 403(b).




tazzygirl -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 7:11:29 AM)


quote:

ORIGINAL: tj444

I thought the question was why is there such a large amount when the amount a person can contribute is limited..

eta- if he is going to get hit by 35% tax, then why all the assumptions (by some people) that he has Cayman accounts etc to avoid tax? Imo, I doubt he has done anything illegal in his financial dealing or under-reported to the IRS..


That was a suggested way that it could have happened, legally. The question behind that way was what I said.




Sanity -> RE: Mitt Romney: Cayman Islands Accounts Used By Foreign Investors To 'Not Be Subject To' U.S. Taxes (7/20/2012 8:36:46 AM)


quote:

ORIGINAL: lulubell


quote:

ORIGINAL: tweakabelle

Romney's ongoing refusal to publish his tax returns is hard to fathom ......... unless those tax return contain devastating facts, damaging enough to torpedo his bid for the White House.

The longer he refuses to publish, the more suspicions will grow, the more the media will burrow, the more little leaks here and there will become enormously damaging ...... If however the returns do contain dynamite, Romney's bid will be sunk anyway. If there's nothing untoward in the tax returns there's no reason not to publish them. It would end the speculation which is hurting his campaign.

Any politician so incompetent or sleazy that they get themselves into potentially fatal lose-lose situation before he even enters the White House cannot be trusted with the keys of the White House. Just imagine the pickles they could get the USA into if they win ........ they could make Bush look competent!



Funny I used to think the same thing everytime BO refused to show his birth certificate. I never had any doubt that he had one so why hide it?


For me it was all of his and Michelles college records, but you know - openness and transparency are things you would expect only from Conservatives

Not that leftists are huge hypocrites or anything, mind you)




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