Should Mitt release his tax returns?

[Stoked]

All I got out of that is you crying that franklin tricked you into educating yourself on a subject.


Let's stone him!

 

[northeast]

When this horse was dishonestly hyped as a hobby horse I took your position and addressed from the hobby horse pov:

This is just another way of saying that you were lying when you said that the Romney's would not be able to deduct the losses from their horse. At no point did the discussion focus on a hypothetical situation of the horse being a classified as a hobby. The discussion was always regarding the actual circumstances of the Romney's actual tax return, not hypotheticals, which means this post of yours is just another deception.

 

[Stoked]

This is just another way of saying that you were lying when you said that the Romney's would not be able to deduct the losses from their horse.

But your lie about it being a hobby horse is ok?

Glad you could point out that kettle for us...

 

[leftyjace]

Last I checked, you acknowledge personal responsibility to the IRS for your tax returns. If Romney is not paying attention to how his taxes are managed, he's taking a big risk that way. I'm not going to vote for Romney anyway, but if he regularly allows others to mess with documents that he is personally responsible for, and does not pay attention to how they are altered, I think that is a bad sign for his Presidency.

I could be wrong, but doesn't the tax preparer have to reap the consequences if their filings are found to be incorrect or illegal? I don't know the limit of liability, but I do know that is why the CPA/person who prepares the taxes signs the return as well.

 

[northeast]

But your lie about it being a hobby horse is ok?

Glad you could point out that kettle for us...

I did not say that the IRS would classify it as a hobby.
You are smart enough to know that I was not lying.
You are just annoying me for your enjoyment, proving my point about you being a psychopath.

 

[leftyjace]

And let me respond further. Taxes when dealing with estates of that size and complexity are pretty darn complicated. Just like I rely on a mortgage agent to assist me in preparation of forms and dotting the i's and crossing the t's before I sign my mortgage paperwork, a wealthy individual will rely on their CPA. I don't understand every single element of mortgages, but I do understand the broad strokes. This is what I pay the mortgage rep for. Same with Romney. OneBrow, you are condemning him for relying on experts to take care of those documents for him. He may have the broad strokes, but he doesn't have the details, and he doesn't know the tax code like a CPA does.

How is it wrong to rely on experts concerning his personal taxes? And why would that reflect badly on his qualifications for Presidency?

 

[northeast]

So , just to wrap this up, Franklin is now saying that the section of the tax code he referenced would support the Romney's being able to write off a loss from their horse in the future against other gains, looking at reality, and not some hypothetical.
Is this correct Franklin?

 

[Stoked]

I did not say that the IRS would classify it as a hobby.
You are smart enough to know that I was not lying.
You are just annoying me for your enjoyment, proving my point about you being a psychopath.

You called it a hobby horse even though it isn't? If you knew that and you continued to perpetuate a "lie" isn't that lying as well?

Yes I am smart enough to tell the difference. Are you?

 

[northeast]

When this horse was dishonestly hyped as a hobby horse I took your position and addressed from the hobby horse pov:

--Donold Torbin, Ohio State University.

When the dishonest hobby horse hype fell on its face and the issue was turned into a business expense, I addressed it as such:

ibid

No you are lying, you never indicated that your position was based on the horse being classified as a hobby, and you referenced a source as "support" for your position that proves you were not talking about the tax treatment of a hobby.

 

[northeast]

You called it a hobby horse even though it isn't? If you knew that and you continued to perpetuate a "lie" isn't that lying as well?

Yes I am smart enough to tell the difference. Are you?

I think you are making stuff up just to be annoying.

 

[northeast]

So , just to wrap this up, Franklin is now saying that the section of the tax code he referenced would support the Romney's being able to write off a loss from their horse in the future against other gains, looking at reality, and not some hypothetical.
Is this correct Franklin?

Franklin, OneBrow had faith that you weren't lying earlier. Please set the record straight.

 

[franklin]

I read back through and it appears that there's the possibility that maybe a tiny bit to what you're saying could conceivably have elements of accuracy within it, Northeast. Can you just slap a negative five on my bum bum and give me a do over? Let's start from the beginning and make sure to get it right this time, okay friend?

Franklin, OneBrow had faith that you weren't lying earlier. Please set the record straight.

I have confidence that OB came to his conclusion outside my comments and urge you to do the same.

 

[Stoked]

I think you are making stuff up just to be annoying.

You called it a hobby horse. Fact
You based your initial arguement off of that assumption. Fact
Your logic would dictate that sense you were wrong in any form that is a lie.


Try again pup.

 

[northeast]

Stoked , that is all wrong, but it is not important. You are attempting to extend this discussion into an absurd realm of triviality and subtle semantics.

 

[franklin]

Yes, a tax credit is getting something free from the government. It's money that they are giving you.

Do you think the earned income tax credit is something people get for free from the government? I do (and I know a lot of right wing nut jobs who do too).

You're the one who doesn't seem to get it. You're so busy arguing the semantics that you're missing the overall point. It doesn't matter if you call it a credit, deduction, write off, illegal tax evasion, or any other term that may have been floated around in this thread. In all instances, the end result is the same

.

 

[nightmare3983]

Thanks everyone for ruining my day by keeping this argument going. I was looking forward to talking about swiss bank accounts.

 

[SaltyDawg]

Franklin, you quoted me out of context. Post the context of what you just quoted. Here, I'll help:

A tax credit = free stuff from the government? Only in a libtard world.

Yes, a tax credit is getting something free from the government. It's money that they are giving you.

Do you think the earned income tax credit is something people get for free from the government? I do (and I know a lot of right wing nut jobs who do too).

If he is going to be taking out 77,000 tax credits for his pet horse, then he should not be bitching about some poor family getting $1000 in food stamps over the course of a year. But hypocrisy and flip flopping is certainly not anything new with Romney. In fact his refusal to release his tax returns is about the strongest position he's held on any issue so far, lol.

 

[PearlWatson]

"If he is going to be taking out 77,000 tax credits for his pet horse" -SD

Is it a tax CREDIT?

Is it a pet horse?

If not Rmoney can tell the not so advanced colored people to not take free stuff from the government I guess.

 

[northeast]

I still get a kick out of looking at this, even though the caption likely distorts the facts some, the point is still valid.

 

[Stoked]

Stoked , that is all wrong, but it is not important. You are attempting to extend this discussion into an absurd realm of triviality and subtle semantics.

Just trying to catch up to you. Give it time.