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Sat Sep 22, 2012, 05:58 PM

Romney Lawyer Admits They Manipulated Taxes to Conform to 13% Claim

Romney Lawyer Admits They Manipulated Taxes to Conform to 13% Claim

by Olympia

Romney’s lawyer had admitted that the Democratic accusation that Willard & Wife could have paid a lot less in taxes in 2011. BUT, the returns were manipulated to conform to Willard's claim in August that he always paid at least 13%.

The AP reported:

But, Brad Malt acknowledged, the couple “limited their deductions of charitable contributions to conform to the governor’s statement in August, based on the January estimate of income, that he paid at least 13 percent in income taxes in each of the last 10 years.”

Tax experts point out that Romney’s returns are missing a few details:

What’s missing, tax experts say, are the details of Romney’s retirement account from Bain Capital, including investments in offshore accounts in Bermuda and the Cayman Islands.

It’s a potentially important difference because the simple average treats each year equally — whether Romney earned, say, $5 million in that year or $30 million. It is especially important if Romney paid a low tax rate in a year in which he earned a lot but paid a high tax rate in years when he earned less. The weighted average would give a more accurate picture.

Maybe this is why Willard wants us to look up and not at his taxes when he said:

”Ha ha. We’re in the stretch aren’t we? Look at those clouds. It’s beautiful,” he said, pointing to the sky. “Look at those things.”
http://www.washingtonpost.com/blogs/election-2012/wp/2012/09/20/romney-on-new-campaign-strategy/

Harry Reid points out in a statement from his office"

“That raises the question: what else in those returns has Romney manipulated?”

Remember this President's statement:

“There’s an old saying in Tennessee — I know it’s in Texas, probably in Tennessee — that says, fool me once, shame on — shame on you. Fool me — you can’t get fooled again.”

http://www.politicususa.com/romney-lawyer-admits-manipuated-taxes-conform-13-claim.html

http://www.dailykos.com/story/2012/09/22/1135307/-BREAKING-Romney-Lawyer-Admits-They-Manipulated-Taxes-to-Conform-to-13-Claim


Hrrrmmmm (Mitt's tax return discrepancy alert)
http://www.democraticunderground.com/10021393299

Former Mitt strategist on Romneyland tax dump: 'Is this an April Fool's joke?' (updated)
http://www.democraticunderground.com/10021392128

Obama Team Produces Brand New Ad on Romney's Newly Released Tax Return!
http://www.democraticunderground.com/10021397220

10 Questions Romney Should Answer About His Taxes
http://thinkprogress.org/economy/2012/09/21/893211/questions-romney-taxes/

Folks, this is important: Romney has not released a SINGLE COMPLETE TAX RETURN YET.
http://www.democraticunderground.com/10021396500






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18 replies, 2597 views

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Arrow 18 replies Author Time Post
Reply Romney Lawyer Admits They Manipulated Taxes to Conform to 13% Claim (Original post)
ProSense Sep 2012 OP
BuelahWitch Sep 2012 #1
meow2u3 Sep 2012 #2
jsr Sep 2012 #3
frazee Sep 2012 #4
reformist2 Sep 2012 #8
ToxMarz Sep 2012 #10
Skee Sep 2012 #5
DearAbby Sep 2012 #6
spanone Sep 2012 #7
IggleDoer Sep 2012 #13
PatrynXX Sep 2012 #9
ProSense Sep 2012 #15
Spitfire of ATJ Sep 2012 #11
ProSense Sep 2012 #16
allan01 Sep 2012 #12
spiderpig Sep 2012 #14
Egalitarian Thug Sep 2012 #17
ProSense Sep 2012 #18

Response to ProSense (Original post)

Sat Sep 22, 2012, 06:09 PM

1. Kick

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Response to ProSense (Original post)

Sat Sep 22, 2012, 06:12 PM

2. Kickety Kick!

BUSTED!

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Response to ProSense (Original post)

Sat Sep 22, 2012, 06:16 PM

3. Crafty as usual

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Response to ProSense (Original post)

Sat Sep 22, 2012, 06:31 PM

4. My favorite Romney quote:

"I saw the young man over there with eggs Benedict, with hollandaise sauce. And I was going to suggest to you that you serve your eggs with hollandaise sauce in hubcaps. Because there's no plates like chrome for the hollandaise."

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Response to frazee (Reply #4)

Sat Sep 22, 2012, 08:07 PM

8. He' so punny! :blarf:

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Response to reformist2 (Reply #8)

Sat Sep 22, 2012, 08:36 PM

10. God I'm slow

That took me awhile (thanks for saying it was punny or I don't think I would have).

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Response to ProSense (Original post)

Sat Sep 22, 2012, 07:58 PM

6. This is the standard bearer of the Party

that wants to further decrease taxes on the wealthy...why would he manipulated it and pay more? Isn't that admitting 9% is ridiculously low? So ashamed of the rate, he would pay more?

When do you think was the last time Mitt Romney manipulated his taxes to pay more than he was legally owed? Tax shelter Mitt, who spent his entire life to pay the least amount of taxes he could possibly can, Mitt. Why now?

When was the last time you manipulated your taxes to pay more then you owe? What could possibly be the reason to do that?

Shows us Mittens must be used to manipulating facts to his desire. It's simple math, and the people see it. Scales are so tipped a man as wealthy as Romney can pay the same tax rate as a lower middle income family. It's simple arithmetic, varnish on a turd, is still a turd. And he insults our intelligence.

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Response to ProSense (Original post)

Sat Sep 22, 2012, 08:02 PM

7. he is a dishonest man. unfit to hold office.

my late dad would have called him a 'shyster'

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Response to spanone (Reply #7)

Sat Sep 22, 2012, 08:58 PM

13. I suspect that Willard's father would have felt the same.

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Response to ProSense (Original post)

Sat Sep 22, 2012, 08:24 PM

9. Think it's fairly obvious that if he were to release those. not only would he lose

But he'd be looking at more time than Wesley Snipes is serving. And between going to jail or losing the Republican race, think he'd rather lose it in style I guess

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Response to PatrynXX (Reply #9)

Sat Sep 22, 2012, 10:26 PM

15. What is Mitt hiding:

US News: Mitt Romney Calls U.S.A. a 'Foreign Country' in His Tax Returns http://www.democraticunderground.com/10021398893




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Response to ProSense (Original post)

Sat Sep 22, 2012, 08:40 PM

11. "We’re in the stretch aren’t we? Look at those clouds."

No Mitt,...God doesn't want you to "White Horse" and nobody wants to bow before you...

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Response to Spitfire of ATJ (Reply #11)

Sun Sep 23, 2012, 10:45 AM

16. Weird Willard. n/t

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Response to ProSense (Original post)


Response to ProSense (Original post)

Sat Sep 22, 2012, 08:59 PM

14. Imagine my surprise!

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Response to ProSense (Original post)

Sun Sep 23, 2012, 11:35 AM

17. This needs another kick. n/t

 

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Response to Egalitarian Thug (Reply #17)

Mon Sep 24, 2012, 12:14 AM

18. Agree, and thanks. n/t

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