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REAL WORLD EVENT DISCUSSIONS
Bain Investor: Romney Paid No Taxes for Ten Years
Tuesday, July 31, 2012 12:49 PM
KWICKO
"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)
Quote:"His poor father must be so embarrassed about his son," Reid said, in reference to George Romney's standard-setting decision to turn over 12 years of tax returns when he ran for president in the late 1960s. Saying he had "no problem with somebody being really, really wealthy," Reid sat up in his chair a bit before stirring the pot further. A month or so ago, he said, a person who had invested with Bain Capital called his office. "Harry, he didn't pay any taxes for 10 years," Reid recounted the person as saying. "He didn't pay taxes for 10 years! Now, do I know that that's true? Well, I'm not certain," said Reid. "But obviously he can't release those tax returns. How would it look?
Tuesday, July 31, 2012 12:53 PM
Tuesday, July 31, 2012 1:23 PM
JONGSSTRAW
Tuesday, July 31, 2012 1:34 PM
ANTHONYT
Freedom is Important because People are Important
Tuesday, July 31, 2012 1:39 PM
Quote:Originally posted by ANTHONYT: Hello, No taxes for ten years? That is a scurrilous accusation. We should immediately check Romney's tax returns to defend this candidate from those who would abuse his reputation. Once the tax returns are closely examined, I am sure we will find these statements to be without basis. --Anthony
Tuesday, July 31, 2012 4:40 PM
GEEZER
Keep the Shiny side up
Quote:Originally posted by ANTHONYT: Hello, No taxes for ten years? That is a scurrilous accusation.
Tuesday, July 31, 2012 4:47 PM
AURAPTOR
America loves a winner!
Tuesday, July 31, 2012 4:51 PM
Quote:Originally posted by Geezer: Quote:Originally posted by ANTHONYT: Hello, No taxes for ten years? That is a scurrilous accusation. Exactly. Sort'a like the guy who told me that you torture small animals, and have three hookers buried in your back yard. I obviously don't believe such rumors, but please prove to me that they're not true. BTW, have you stopped beating your wife?
Tuesday, July 31, 2012 5:03 PM
Quote:Originally posted by AURaptor: What next... stories of how Obama is the direct decedent from the VERY first black slave in the US ? On his white MOTHER'S side ???
Quote:decedent |diˈsēdnt| noun a person who has died : to make sure the decedent's property passes to his children. ORIGIN late 16th cent.: from Latin decedent- ‘dying,’ from the verb decedere (see decease ).
Tuesday, July 31, 2012 11:59 PM
Wednesday, August 1, 2012 2:03 AM
Quote:Originally posted by AURaptor: Typo fixed. I'll pay closer attention to typing when watching t.v. from now on. No biggie.
Quote: Now, as for the absurdity of the original claim of the thread? Well, it's laughable. Romney has gone above and beyond the disclosure requirements by releasing two years of personal tax returns in addition to the hundreds of pages of personal financial disclosure documents he has provided to the FEC and made public. Reid, like so many Leftist Dems, is a brazen, blatant liar.
Wednesday, August 1, 2012 2:16 AM
Quote:Originally posted by AURaptor: Reid, like so many Leftist Dems, is a brazen, blatant liar.
Wednesday, August 1, 2012 2:28 AM
6IXSTRINGJACK
Quote:Originally posted by ANTHONYT: Hello, I guess if I'm running for office, you will definitely want to know if I have a criminal record. You have my permission to perform a background check on me and determine my lack of criminal history. All of those things you mentioned are crimes. Do you also want to know how I handle finances, before I begin to have input on the finances of a nation? Well, you have my permission to access my tax returns from first to last. You see, when I ran for public office, I realized that I become a person of interest. Information about my criminal record and financial acuity becomes important to my constituents, and should be vigorously pursued by the press as a service to the people of this great nation. It's too bad I'm not just some private jerk. I could have been, but I asked someone to trust me with the keys to a country. So now, in the interests of the transparency I hold dear, I turn all information over to you, dear reader. And once I take office, I will run an equally transparent administration. This government belongs to you, and we don't have secrets from our citizenry. My name is Anthony, and I approve of this message. Cheers, --Anthony
Wednesday, August 1, 2012 2:49 AM
Quote:Originally posted by ANTHONYT: I guess if I'm running for office, you will definitely want to know if I have a criminal record. You have my permission to perform a background check on me and determine my lack of criminal history. All of those things you mentioned are crimes.
Quote:Well, you have my permission to access my tax returns from first to last.
Quote:You see, when I ran for public office, I realized that I become a person of interest. Information about my criminal record and financial acuity becomes important to my constituents, and should be vigorously pursued by the press as a service to the people of this great nation.
Wednesday, August 1, 2012 7:00 AM
NIKI2
Gettin' old, but still a hippie at heart...
Quote: Do you also want to know how I handle finances, before I begin to have input on the finances of a nation?
Quote: This Is The Best Theory We've Heard Yet For Why Mitt Romney Won't Show His Taxes A growing number of Republicans think that obviously Romney should release his taxes. But only he knows what's in his returns, and he does not think it's so obvious. So everyone has their theories. One easy possibility is that it's just a matter of drawing more attention to the fact that he is really rich and his tax rate isn't all that high. But this doesn't make sense since this would only confirm what everyone really knows. Joshua Green at Bloomberg has what is the most logical theory so far... which is that thanks to the economic collapse of 2008, and the massive losses he probably suffered, Romney might not have paid any taxes in 2009, thanks to tax-loss carryforwards.Quote:As a member of the ultra-rich, Romney probably wasn’t spared major losses. And it’s possible that he suffered a large enough capital loss that, carried forward and coupled with his various offshore tax havens, he wound up paying no U.S. federal taxes at all in 2009. If true, this would be politically deadly for him. Even assuming that his return was thoroughly clean and legal — a safe assumption, it seems to me — the fallout would dwarf the controversy that attended the news that Romney had paid a tax rate of only 14 percent in 2010 and estimated he’d pay a similar rate in 2011.We're not sure whether Green is right that it would be politically "deadly" though we could certainly see why Romney wouldn't want this known, if it were true. Incidentally, another more exotic possibility that had come to mind is that somehow Mitt Romney made a windfall profit in 2008-2009, perhaps by being part of a fund that was short housing or bet on the bank bailouts. That's 100% speculation, but it would also be the kind of thing that would be deadly (probably more deadly than $0 taxes). It also would have been somewhat unplannable. A problem with the tax loss carryforwards argument is that if Romney knew he'd be running in 2009 (and he probably did) then you'd think he'd have gone out of his way not to do anything that might look bad, even if 100% by the book. Going back to the no tax issue, former political strategist and now media guy Peter Feld notes that the latest Obama TV ad specifically raises the possibility that Romney paid $0 in taxes. So in the absence of counter-evidence it seems likely that this is the theory that will become the most popular. http://www.businessinsider.com/did-romney-pay-0-in-taxes-2012-7
Quote:As a member of the ultra-rich, Romney probably wasn’t spared major losses. And it’s possible that he suffered a large enough capital loss that, carried forward and coupled with his various offshore tax havens, he wound up paying no U.S. federal taxes at all in 2009. If true, this would be politically deadly for him. Even assuming that his return was thoroughly clean and legal — a safe assumption, it seems to me — the fallout would dwarf the controversy that attended the news that Romney had paid a tax rate of only 14 percent in 2010 and estimated he’d pay a similar rate in 2011.
Quote: Socialist/Communist like Obama
Quote: your wife's hobby of showing her toy poodle indicates some sort of eliteism (sic).
Wednesday, August 1, 2012 7:09 AM
Quote:But you know very well that the IRS won't provide copies of your tax returns, even if you say it's all right.
Quote: Come on, Anthony, you have to prove you've never broken the law, not that you just weren't arrested or convicted.
Quote:But you know this.
Wednesday, August 1, 2012 8:14 AM
Quote:Originally posted by Geezer: Quote:Originally posted by ANTHONYT: I guess if I'm running for office, you will definitely want to know if I have a criminal record. You have my permission to perform a background check on me and determine my lack of criminal history. All of those things you mentioned are crimes. Don't need your permission to check for criminal records, as they're public, but no criminal record just means you haven't been caught yet. Come on, Anthony, you have to prove you've never broken the law, not that you just weren't arrested or convicted.
Quote: Quote:Well, you have my permission to access my tax returns from first to last. But you know very well that the IRS won't provide copies of your tax returns, even if you say it's all right. And they won't confirm or deny the accuracy of any copy that YOU might release. You could very well be releasing doctored copies. And even if your returns are accurate and show nothing illegal, is it really right for you to use all those tax loopholes?
Quote: Quote:You see, when I ran for public office, I realized that I become a person of interest. Information about my criminal record and financial acuity becomes important to my constituents, and should be vigorously pursued by the press as a service to the people of this great nation. And the press in general would probably accept your lack of criminal record and whatever copies of your tax returns you provide as valid. Other folks, though, will claim that lack of a criminal record does not mean lack of criminality; or that documents you release could be fake; or that while your actions were in fact legal, they don't meet some fabricated moral test; or that your wife's hobby of showing her toy poodle indicates some sort of eliteism.
Quote: But you know this. Just sort of disappointed you'd go along with it.
Wednesday, August 1, 2012 8:17 AM
Quote:Originally posted by ANTHONYT: Quote:But you know very well that the IRS won't provide copies of your tax returns, even if you say it's all right. Hello, What? Sure they will. There's even a release form for it. You didn't know that? All I have to do is authorize it, and you'll get a big old transcript of my taxes. Quote: Come on, Anthony, you have to prove you've never broken the law, not that you just weren't arrested or convicted. Oh, but you know I don't have to prove my innocence. I just need to be as transparent as possible, leaving only kooks to question my innocence. Is Romney being as transparent as possible? I think his lack of transparency is leaving more than kooks to question his veracity. Quote:But you know this. I'm just sort of disappointed you want an opaque presidential candidate. --Anthony
Wednesday, August 1, 2012 8:56 AM
Quote:It's curious that Geezer wants to see more paperwork from a potential voter than he does from his presidential candidate.
Wednesday, August 1, 2012 9:04 AM
Quote:At this point, Mitt's opacity is leaving only the kooks to try to DEFEND his candidacy.
Wednesday, August 1, 2012 9:59 AM
NEWOLDBROWNCOAT
Quote:Originally posted by Kwicko: Quote:Originally posted by AURaptor: What next... stories of how Obama is the direct decedent from the VERY first black slave in the US ? On his white MOTHER'S side ??? I was unaware that the President had died. Do you have any source for this? Quote:decedent |di'sednt| noun a person who has died : to make sure the decedent's property passes to his children. ORIGIN late 16th cent.: from Latin decedent- ‘dying,’ from the verb decedere (see decease ). ROFLMAO at YOU, AGAIN!!!!!!!!!!!!!!!!!!!!!! Classic. (Before you claim this was a "mere typo", and you really meant "descendant", notice exactly HOW MANY typos you'd have needed to make in order to get "decedent" from "descendant". I count no fewer than three; one per syllable. Maybe you should stick to monosyllabic words. ) "I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero "The groin cup and throat protector have about as much ballistic protection as the kneepads I wear when I'm doing a job that requires me to be on my knees." - Troll
Quote:decedent |di'sednt| noun a person who has died : to make sure the decedent's property passes to his children. ORIGIN late 16th cent.: from Latin decedent- ‘dying,’ from the verb decedere (see decease ).
Wednesday, August 1, 2012 10:08 AM
Quote:Originally posted by ANTHONYT: Hello, No taxes for ten years? That is a scurrilous accusation. We should immediately check Romney's tax returns to defend this candidate from those who would abuse his reputation. Once the tax returns are closely examined, I am sure we will find these statements to be without basis. --Anthony Note to Self: Raptor - woman testifying about birth control is a slut (the term fits.) Six - Wow, isn't Niki quite the CUNT? And, yes, I spell that in all caps.... Wulf - Niki is a stupid fucking bitch who should hurry up and die. “The stupid neither forgive nor forget; the naive forgive and forget; the wise forgive but do not forget.” -Thomas Szasz
Wednesday, August 1, 2012 10:28 AM
STORYMARK
Quote:Originally posted by NewOldBrownCoat: Quote:Originally posted by Kwicko: Quote:Originally posted by AURaptor: What next... stories of how Obama is the direct decedent from the VERY first black slave in the US ? On his white MOTHER'S side ??? I was unaware that the President had died. Do you have any source for this? Quote:decedent |di'sednt| noun a person who has died : to make sure the decedent's property passes to his children. ORIGIN late 16th cent.: from Latin decedent- ‘dying,’ from the verb decedere (see decease ). ROFLMAO at YOU, AGAIN!!!!!!!!!!!!!!!!!!!!!! Classic. (Before you claim this was a "mere typo", and you really meant "descendant", notice exactly HOW MANY typos you'd have needed to make in order to get "decedent" from "descendant". I count no fewer than three; one per syllable. Maybe you should stick to monosyllabic words. ) "I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero "The groin cup and throat protector have about as much ballistic protection as the kneepads I wear when I'm doing a job that requires me to be on my knees." - Troll Kwik, never point out when Rap has made a really dumb mistake. He'll just go back, edit it, and then later claim it never happened. Just laugh loudly, point it out quietly to select other posters, and remember it as proof of what a bozo he is.
Wednesday, August 1, 2012 10:55 AM
Quote:Originally posted by Kwicko: You're holding Anthony here to a much, MUCH higher standard than you'll hold your own chosen candidates, it seems.
Wednesday, August 1, 2012 1:17 PM
Quote:Originally posted by Niki2: I do agree with Anthony that the statement was hyperbole--it was actually a misstatement anyway. Anthony's hypothetical situation wasn't about "a potential voter", it was about a potential CANDIDATE for office. I don't recall anyone asking to see a VOTER's tax returns, tho' maybe I missed something. Geezer was also responding to a hypothetical question, not actually asking to see anyone's tax returns.
Wednesday, August 1, 2012 1:21 PM
Quote:Originally posted by Geezer: Quote:Originally posted by Kwicko: You're holding Anthony here to a much, MUCH higher standard than you'll hold your own chosen candidates, it seems. Nope. Just to the same standard you hold your opposition to.
Quote:And the idea that either Obama or Romney would be my "chosen candidate" shows how little attention you actually pay.
Friday, August 3, 2012 3:57 AM
Quote:Originally posted by Kwicko: Quote:And the idea that either Obama or Romney would be my "chosen candidate" shows how little attention you actually pay. I notice you haven't proven that.
Friday, August 3, 2012 4:09 AM
Quote:Originally posted by Kwicko: Really? I don't recall demanding to see anyone's criminal record, or demanding that they prove that they don't have a criminal background. You just pulled that out of your ass. If I were holding Romney to the same standard Obama has been held to, I'd be demanding his birth certificate - no, his LONG-FORM birth certificate - his college transcripts, and a dozen years' worth of tax returns. So far, Romney has provided none of those, has he? He released something he said was his birth certificate, but birthers will be quick to tell you how easily those things can be faked. ;)
Friday, August 3, 2012 5:12 AM
Friday, August 3, 2012 5:23 AM
Quote:Originally posted by 6ixStringJack: Quote:Originally posted by Kwicko: Really? I don't recall demanding to see anyone's criminal record, or demanding that they prove that they don't have a criminal background. You just pulled that out of your ass. If I were holding Romney to the same standard Obama has been held to, I'd be demanding his birth certificate - no, his LONG-FORM birth certificate - his college transcripts, and a dozen years' worth of tax returns. So far, Romney has provided none of those, has he? He released something he said was his birth certificate, but birthers will be quick to tell you how easily those things can be faked. ;)
Quote:If I were holding Romney to the same standard Obama has been held to, I'd be demanding his birth certificate - no, his LONG-FORM birth certificate - his college transcripts, and a dozen years' worth of tax returns.
Friday, August 3, 2012 6:09 AM
Quote:Mitt Romney on Thursday pushed back against Senate Majority Leader Harry Reid's allegations that the presumptive GOP nominee has not been paying his taxes. "It's time for Harry to put up or shut up," Romney said on Sean Hannity's radio show. In a Huffington Post interview published Tuesday, the leading Democrat said that an unnamed investor with Bain Capital, Romney's former private equity firm, told Reid in a phone conversation that Romney had not paid taxes for a decade. Reid stood by the allegations on Thursday while speaking on the Senate floor. "The word's out that he hasn't paid any taxes for 10 years," he said. "Let him prove he has paid taxes because he hasn't." Democrats and President Barack Obama's re-election campaign have repeatedly called for Romney to release more tax documents to answer any questions about his financial portfolio. Romney has made public the full 2010 tax return and an estimate for 2011, with a pledge to release the full year once it's complete. He filed an extension for an October deadline. Critics have hit back against Reid's comments this week, faulting him for making claims based off an anonymous source. "Harry's gonna have to describe who it is he spoke with because of course that's totally and completely wrong," Romney said Thursday in the radio interview. "It's untrue, dishonest and inaccurate. It's wrong. So I'm looking forward to have Harry reveal his sources and we'll probably find out that it's the White House." Mirroring Romney's comments, senior campaign adviser Eric Fehrnstrom described Reid's comments as "shameful, pathetic, baseless and untrue" and argued the majority leader, with the help of the Obama campaign, was attempting to "engage in McCarthy-like accusations about Mitt Romney." Reid, the source said, is unconcerned about the hits he is taking on making unsubstantiated claims, because the Democratic base is fired up. The source says they know that anecdotally. It's not an accident that Reid said this to the Huffington Post, a friendly outlet, and did so as Romney was returning from his overseas trip. One of Romney's biggest surrogates, Sen. John McCain of Arizona, came to Romney's defense on Thursday, saying Reid may have "gone over the line." "I've known Sen. Reid for many, many years, and occasionally he displays some rather erratic behavior," McCain said on CNN's "Anderson Cooper 360." "To accuse someone of doing something without a shred of proof–that the allegation has any substance–is really something I, frankly, don't understand." McCain, whose 2008 presidential campaign reviewed Romney's tax records as they considered him to be the vice presidential running mate, said last month he can "personally vouch" that there was "nothing disqualifying" in the tax returns of the presumptive GOP presidential nominee. More bullshit at http://politicalticker.blogs.cnn.com/2012/08/02/romney-to-reid-put-up-or-shut-up/
Quote:Lawrence O’Donnell raised a rather provocative question on his show tonight: did Mitt Romney participate in an IRS amnesty program in 2009, and was his refusal to report it a felony? He brought this up in the context of the renewed scrutiny of Romney’s tax returns after the recent allegations made against him by Senate Majority Leader Harry Reid. O’Donnell brought up an IRS amnesty program regarding foreign bank accounts, and asked if Romney was involved in the program and didn’t report it, if it means he has committed a felony. Tax attorney Jeremy Temkin said it would have to be demonstrated that it was not done “willfully,” and the government would have to prove that one knew they had “an obligation to report” in that instance. If it came out that Romney was involved in such a program, it would certainly hurt him politically, but said Romney essentially invited the scrutiny on himself through his campaign’s lack of transparency.
Friday, August 3, 2012 6:24 AM
Quote:Originally posted by Niki2: Going all the way back to the initial thread: I abhor what Reid is doing. I get that it's a tactic to force Romney's hand, but it's despicable because I don't believe there IS anyone telling him Romney didn't pay any taxes, and his following it up with "It's going around that Romney paid no taxes for ten years" is deplorable. Just sayin'. Should he prove me wrongl and there ARE valid informants, I'm still not sure I approve, but it will lessen my anger somewhat. It is nonetheless unacceptable in my view.
Friday, August 3, 2012 7:01 AM
Friday, August 3, 2012 7:11 AM
Quote:Originally posted by Geezer: Quote:Originally posted by Niki2: Going all the way back to the initial thread: I abhor what Reid is doing. I get that it's a tactic to force Romney's hand, but it's despicable because I don't believe there IS anyone telling him Romney didn't pay any taxes, and his following it up with "It's going around that Romney paid no taxes for ten years" is deplorable. Just sayin'. Should he prove me wrongl and there ARE valid informants, I'm still not sure I approve, but it will lessen my anger somewhat. It is nonetheless unacceptable in my view. Not that I believe Reid's claims at all, but even IF Romney paid no income tax for ten years...so what? As long as he filed legal returns, why shouldn't he take advantage of the tax laws to pay as little as possible? And with his income, you pretty much know he'd be audited at least once in ten years. Anyone here purposely pay more taxes?
Friday, August 3, 2012 7:14 AM
Quote:even IF Romney paid no income tax for ten years...so what?
Friday, August 3, 2012 7:40 AM
FREMDFIRMA
Quote:Originally posted by ANTHONYT: But we can only conjecture. Nobody knows what Romney may or may not have paid, or why he is shy with his tax records.
Friday, August 3, 2012 8:24 AM
Quote:maybe they do believe such tax escapes are fair
Friday, August 3, 2012 10:13 AM
Quote:Originally posted by Kwicko: First off, "you pretty much know he'd be audited"? Really? How, pray tell, would we "pretty much know" that, if Romney isn't saying?
Quote:Well, we know he has a past history of filing and signing returns that WEREN'T strictly legal...
Friday, August 3, 2012 12:19 PM
Friday, August 3, 2012 12:22 PM
WHOZIT
Friday, August 3, 2012 12:40 PM
Quote:Originally posted by whozit: OMG! What the hell is wrong with you! If he hasn't paid taxes in 10 fucking years ya think the MSM would know by now! THAT is a hard secret to keep. Meanwhile Harry "old fool" Reid won't release his for the last 10 years. Also, a person in Waco has stated that you have a very small penis, can you prove he/she is wrong? I think you should prove to everyone you don't have a tiny whiney, the person who told me this is credible.....atleast that's what I'm saying.
Friday, August 3, 2012 3:07 PM
Friday, August 3, 2012 3:32 PM
Quote:BASH: It's very personal and it is very Harry Reid. Look, first of all, let me just back up and say you pointed out the interview he gave with the "Huffington Post." Again evidence, it's a friendly outlet. They did it -- he did this very strategically. In terms of the personal, that is Harry Reid. I mean he -- when he wanted to go after Alan Greenspan, he called him the partisan hack. When he went after President Bush, he called him a liar and a loser. He apologized for the loser part, not for liar. But this is -- when Harry Reid doesn't like somebody, he goes for the jugular. And that is what he is doing now. He is an old boxer and he still likes to be a political street fighter. He knew full well that he was going to be questioned over and over again on who his source was. And he said -- he's told people close to him who I have spoken today that he didn't care. He's not telling going to tell who his source is. But I did speak, I just have to tell you, that I did speak to one source who's very close to Senator Reid who claims to also know who this Bain investor is that Reid spoke with, and insists that this is a credible person and this person if we knew the name we would understand that they would have the authority and the ability to know about Romney's tax returns. Whether we'll find it out ever, who knows. But they're doing this on purpose so that this is the discussion.
Friday, August 3, 2012 3:37 PM
Quote:Originally posted by Geezer: Quote:Originally posted by Kwicko: First off, "you pretty much know he'd be audited"? Really? How, pray tell, would we "pretty much know" that, if Romney isn't saying? Common sense. Anyone who filed returns for ten years with enough deductions to pay zero tax would certainly meet standard audit criteria. Quote:Well, we know he has a past history of filing and signing returns that WEREN'T strictly legal... Okay, this apparently falls under your "someone alleged this so it must be true" scenario, sort'a like "Romney paid no taxes for ten years".
Friday, August 3, 2012 3:38 PM
Friday, August 3, 2012 3:52 PM
Friday, August 3, 2012 3:58 PM
Friday, August 3, 2012 5:09 PM
PIRATENEWS
John Lee, conspiracy therapist at Hollywood award-winner History Channel-mocked SNL-spoofed PirateNew.org wooHOO!!!!!!
Friday, August 3, 2012 7:05 PM
Quote:Originally posted by PIRATENEWS: Romney is unelectable and everybody knows it.
Friday, August 3, 2012 8:53 PM
Quote:Originally posted by Jongsstraw: Quote:Originally posted by PIRATENEWS: Romney is unelectable and everybody knows it. No he's not. There are many scenarios in which Romney gets elected, but the most likely one is that a previously thought-to-be extinct dinosaur emerges from a depth of 20,000 fathoms and crawls on shore in lower Manhattan on Election Day. The beast eats all the people and a few police cars too. With 8 million less votes for Obama, Romney could then possibly win N.Y., hurtling him on his way to ultimate victory.
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