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Thu Aug 2, 2012, 10:29 AM

The claim about Romney not paying taxes starts to make sense

when you consider that his main role at Bain was finding new investors. He has as much as aknowledged that one his selling points was tax avoidance, for which he set up shell corporations in places like the Cayman Islands. It is easy to imagine him bragging to investors that "I haven't paid taxes in 10 years." Maybe it was true; maybe not.

Reid is now saying that the heard this from a number of people. This is credible, since, as Mormons, Reid and Romney are likely to be acquainted with some of the same people--and there were a lot of Mormons involved with Bain. It is likely, therefore, that tax claim may have been part of his standard sales pitch. If so, one of those investors is eventually going to come forward, probably at the worst possible time for Mitt.

At this point, it doesn't even matter if it is true. He either lied then or he lied now.

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Arrow 27 replies Author Time Post
Reply The claim about Romney not paying taxes starts to make sense (Original post)
Blue Meany Aug 2012 OP
Vincardog Aug 2012 #1
corkhead Aug 2012 #2
cliffordu Aug 2012 #9
Th1onein Aug 2012 #20
Gothmog Aug 2012 #3
DearAbby Aug 2012 #4
Th1onein Aug 2012 #22
brush Aug 2012 #6
Myrina Aug 2012 #12
Historic NY Aug 2012 #17
The Magistrate Aug 2012 #5
calimary Aug 2012 #11
calimary Aug 2012 #27
Smilo Aug 2012 #7
Jessy169 Aug 2012 #10
kimbutgar Aug 2012 #19
darkangel218 Aug 2012 #26
Spitfire of ATJ Aug 2012 #24
Major Hogwash Aug 2012 #8
calimary Aug 2012 #13
Myrina Aug 2012 #14
Blue Meany Aug 2012 #16
JDPriestly Aug 2012 #18
Blue Meany Aug 2012 #15
riverbendviewgal Aug 2012 #21
Blue Meany Aug 2012 #25
flamingdem Aug 2012 #23

Response to Blue Meany (Original post)

Thu Aug 2, 2012, 10:33 AM

1. "Some people say" Willie the Mittster avoided over $100 Million in taxes. If he didn't why not

Show his tax returns?

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Response to Blue Meany (Original post)

Thu Aug 2, 2012, 10:33 AM

2. I just want him to survive Republi-Con before we beat him until the candy falls out.

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Response to corkhead (Reply #2)

Thu Aug 2, 2012, 12:18 PM

9. Well.....

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Response to corkhead (Reply #2)

Thu Aug 2, 2012, 01:14 PM

20. O.M.G. Beat him until the candy falls out?

I almost spit my coffee on my keyboard, for God's sake!

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Response to Blue Meany (Original post)

Thu Aug 2, 2012, 10:35 AM

3. The only way to prove these charges wrong is to release the returns

The material in these returns must be far worse than merely not paying taxes

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Response to Gothmog (Reply #3)

Thu Aug 2, 2012, 10:42 AM

4. RESIDENCY.....

that is what the tax returns will show.

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Response to DearAbby (Reply #4)

Thu Aug 2, 2012, 01:17 PM

22. DING! DING! DING! I think we have a winner here, Dear Abby!

Thanks for this!

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Response to Gothmog (Reply #3)

Thu Aug 2, 2012, 11:03 AM

6. Barrel

Poor Mitt. That's what's called being over a barrel, or between a rock and a hard place. Hooray! The Dems have learned to play hardball and I love it. Go get 'em, Harry Reid, force this guy to cough up the goods or go home to lick his wounds from the beating he's gonna take in November, whether he releases the taxes (and faces the music) or not.

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Response to Gothmog (Reply #3)

Thu Aug 2, 2012, 12:40 PM

12. Maybe he was claiming the horses as dependents?

In addition to illegally claiming adult independent children?

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Response to Myrina (Reply #12)

Thu Aug 2, 2012, 12:49 PM

17. Well he lived in his sons unfinished basement in Mass...

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Response to Blue Meany (Original post)

Thu Aug 2, 2012, 10:48 AM

5. Sound Point, Sir

"Romney loves America like a tick loves a dog."

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Response to The Magistrate (Reply #5)

Thu Aug 2, 2012, 12:40 PM

11. WOW - what a quote!

"romney loves America like a tick loves a dog."

That is SO on-the-mark it's almost scary.

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Response to The Magistrate (Reply #5)

Fri Aug 3, 2012, 12:44 AM

27. And dogs like romney as much as dogs like ticks!

My husband thought that one up! Had to share it!

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Response to Blue Meany (Original post)

Thu Aug 2, 2012, 12:09 PM

7. Amazingly, those on the right

do not care - "it's his money" " he's a job creator, he's "fill in the blank", Obama show us your "fill in the blank", Romney would stop the socialist agenda, Romney is white.

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Response to Smilo (Reply #7)

Thu Aug 2, 2012, 12:38 PM

10. The more dirt we get on Romney, the louder the whackos scream

Your post is amazingly true, Smilo. Over on Yahoo, I'm guessing that Romney must have an entire army of Mormons dedicated to posting 24/7. It doesn't matter what evil, corrupt or embarrassingly stupid info turns up on Romney. To the degree that the negative info hurts Romney, that is how loud and obnoxious the right-wing whacko posters on Yahoo respond. It is so funny in some ways -- almost like turning the volume knob. And yeah, they aren't very bright, which is why they need that template you mention and a few others so they can just fill in the blanks.

Have you noticed that there are an increasing number of posts on Yahoo -- the land of right-wing whacko-ism -- that are calling for "revolution" in case Obama wins? That is a sure sign that Obama is winning and they know it.

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Response to Jessy169 (Reply #10)

Thu Aug 2, 2012, 01:02 PM

19. Yahoo is the worst. If you comment they attack you so viciously.

There are no moderators and one person called me some vile things that I can't repeat and I made a reasonable comment The right wingers are really losing it and if President Obama wins re-election it is going to get ugly. Maybe they will have a mass suicide like Jonestown. They call for a revolution but they are probably so fat they can't get off their couches!

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Response to kimbutgar (Reply #19)

Thu Aug 2, 2012, 01:50 PM

26. LMAO!

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Response to Smilo (Reply #7)

Thu Aug 2, 2012, 01:25 PM

24. "those on the right do not care - "it's his money""

Yeah, and what they see is Democrats talking about taxing it.

In the Right Wing "Mind" that just reenforces their whole belief system that Democrats believe they are entitled to money they didn't earn. The whole "government is stealing from you" thing. Some even claim taxes are a form of slavery. They will hail Romney as a hero if he didn't pay any taxes and view Democrats as kicking in his doors to steal from him.

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Response to Blue Meany (Original post)

Thu Aug 2, 2012, 12:17 PM

8. What state did Romney file his tax returns in? Rachel asked that question last night.

And it sounds like Romney filed in the state of Utah, where the income tax rates are less than they are in the state of Massachusetts.
But then, after Romney decided he wanted to run for Governor of the state of Massachusetts, he tried to retroactively file his income tax returns in the state of Massachusetts.

Ooops.
Can't do that.


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Response to Major Hogwash (Reply #8)

Thu Aug 2, 2012, 12:41 PM

13. Show us the long form, shitty mitty!

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Response to Major Hogwash (Reply #8)

Thu Aug 2, 2012, 12:41 PM

14. Seriously, is there anything he DOESN'T do 'retroactively'?

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Response to Myrina (Reply #14)

Thu Aug 2, 2012, 12:46 PM

16. Perhaps it is the natural outrgrowth of "baptising" dead people retroactively...n/t

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Response to Blue Meany (Reply #16)

Thu Aug 2, 2012, 12:57 PM

18. Excellent! What an insight!

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Response to Major Hogwash (Reply #8)

Thu Aug 2, 2012, 12:45 PM

15. He filed amended returns when he decided to run for governor.

Before that, he was considering run for office in Utah, so he kept that as his residency.

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Response to Blue Meany (Reply #15)

Thu Aug 2, 2012, 01:15 PM

21. Is this allowed?

can any citizen do this? and not face penalties from the IRS?

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Response to riverbendviewgal (Reply #21)

Thu Aug 2, 2012, 01:26 PM

25. Anyone can do this. There probably are penalties in the jurisidiction in which you underpaid...n/t

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Response to Blue Meany (Original post)

Thu Aug 2, 2012, 01:22 PM

23. He has a whole firm to do his taxes

and they must clink glasses when they finish yet another year with "No taxes to pay!"

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