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2016 Postmortem

(10,901 posts)

5. Well, I think so. The issue is paying federal INCOME taxes, not federal INCOME-FROM-WORKING taxes nt

Wed Sep 19, 2012, 10:53 PM

Sep 2012

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You miss read it. Travis_0004 Sep 2012 #1

Ok, so by your standards he had an income of 0, and paid 0 in taxes. Travis_0004 Sep 2012 #3

Cap gains are declared on federal income taxes 1040 and 1040 Form D. progree Sep 2012 #6

yes...we always extend to 10-15 too..especially since we pay. I have a feeling Laura PourMeADrink Sep 2012 #22

Capital Gains are, in fact, income. Jeff In Milwaukee Sep 2012 #19

All Romney's Income mary195149 Sep 2012 #8

And you do not pay INCOME TAX on it. You pay CAPITAL GAINS tax. BlueStreak Sep 2012 #11

You said "semantic"! RLBaty Sep 2012 #12

There is no such thing as "Capital Gains tax"... thesquanderer Sep 2012 #13

Its declared on your federal INCOME tax 1040 progree Sep 2012 #14

Well, It Would Be Great To See Romney's 1040... TomCADem Sep 2012 #16

I think Rachel Maddow did a pice on this subject last night TroyD Sep 2012 #17

I suspect that's one of the reason he doesn't want to release his returns... Jeff In Milwaukee Sep 2012 #20

I'd have, not I did tavalon Sep 2012 #21

I don't think this is really breaking news. WI_DEM Sep 2012 #23