I believe it is the estimated tax form, and the taxes have not been completed yet.
Should Mitt release his tax returns?
- Thread starter northeast
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I believe it is the estimated tax form, and the taxes have not been completed yet.
https://www.nytimes.com/2012/07/31/opinion/the-mysteries-of-mitt-romneys-financial-records.html
here is some tax stuff
I heard that there was some things that were not disclosed on the one return he did submit that sounded quite damning when I heard it, but now i forget the details, ....maybe something to do with the gifts taxes, not sure...
They mention carried interest, which raises a red flag to me, but I'd like to see more details.
If everybody devoted their entire lives to avoiding taxes by any means possible, we'd be an oversized Greece right now.
here is some tax stuff
I heard that there was some things that were not disclosed on the one return he did submit that sounded quite damning when I heard it, but now i forget the details, ....maybe something to do with the gifts taxes, not sure...
They mention carried interest, which raises a red flag to me, but I'd like to see more details.
If everybody devoted their entire lives to avoiding taxes by any means possible, we'd be an oversized Greece right now.
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If the government would quit spending money that it doesn't have we wouldn't be having this conversation.
pretty simple, really..
It's not my fault I said it in a way people understand it.
The only Federal tax plan I approve of is the one in the Constitution. Tariffs.
Make the big international cartels who exploit cheap foreign labor and dodge the hard-won decent wages we used to have in this country, and all our infrastructure costs, and all our social "safety net" costs, and all our regulations and environmental and social ethics. . . . . make them support the government by paying a whopper tariff on imported goods, produced by evading every decent law we ever made in the vain hope of reforming elitists and cartelists and international scammers.
yep. No more income tax on wages, or even on businesses who do their productive work inside our boundaries.
Oh, and a 20% "severance tax" on every dollar taken out of our country. And a similar "export" tax on both resources shipped out and finished goods. Companies taking advantage of our resources should at least contribute something to our society.
We could also pretty well eliminate property tax in this state by simply privatizing education whole hog. No reason people should pay to have their kids propagandized by a Statist religion.
Ideas like this would pretty well make all the dodgey tax strategies go away, and return our financial practices to decisions made for simple prudence.
But of course, if we continue to enlarge our Statist political empires, everything we have will eventually be consumed by the insatiable unbridled extravagance of state power. Including our families, our health, and our sanity.
What we are doing now is the very antithesis of people having the natural right to life, liberty and the pursuit of their own notion of happiness.
The Thriller
Well-Known Member
Yet, many (conservative) folks don't want to see the dept of defense touched, supported the invasion of Iraq (why Iraq??? They didn't attack us), have demanded US intrusion into Egypt, Libya, and Iran, and have yet to demand a complete pullout of Afghanistan. Utah might be thee reddest state in the union yet will fight tooth and nail to keep Hill Air Force Base open.
When repubs/conservatives complain about government spending I have learned that it always means that, "government should cut social programs for poor/old Americans and environmental protection agencies."
Response to Scat: Had we regulated the banks, never passed Medicare Part D, never cut taxes, and never invaded Iraq or Afghanistan, we wouldn't be spending more than we had.
Are Americans really so blind to give the keys to the girl who just a few years ago crashed our car into a brick wall? What have repubs learned?
NAOS
Well-Known Member
This is a sincere question:
Let's say the government started behaving as you wish... no spending of money it didn't have.
Please list at least three things you think would happen to society as a result. In other words, what are are the major consequences of this?
NAOS
Well-Known Member
Oh babe... I feel bad for you because you have as small an audience as I do. All the conservative hacks are talking about deregulation deregulation privatization privatization deregulation deregulation privatization privatization deregulation deregulation privatization privatization deregulation deregulation privatization privatization....... anyways, that's about as far from protectionist/tariff-based economic thinking as possible.
NAOS
Well-Known Member
Because of this, I'm taking down your quote from my sig. Nice.
Conservative Joe just wants plain fiscal responsibility, right? He just can't bloody see how that ideology is a battering ram that requires the military to open markets when they won't.
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Then how does Romney afford that Cayman Islands account?
The Huffington post is as much news and unbiased as Redstate is. At least pretend to not be so completely biased.
Fixed and they have for years.
This is true. There is no reason for him to hide his taxes, and it is valid. A big concern for some people is how out of touch Mitt Romney really is.
How can someone be your leader when they have cheated the system, and expect the middle class to carry the burden.
He's really caught in between a rock, and a hard place. If he releases his returns it will probably reveal bad things, if he continues to deny access people will assume the worst.
The fact that the Republican party, and Fox news are on the attack shows me there is something to hide.
SaltyDawg
Well-Known Member
So are you saying they are wrong with this particular story? Like I said, there are lots of sources for this, I just posted the first link that came up in google search.
They may be biased and you may hate them, but they are still reporting correctly in this particular story.
Here's the desnews with a similar story:
https://www.deseretnews.com/article/765587857/Assets-offshore-raise-Romney-wealth-questions.html
Babe, you may have a decent idea.
You realize that this would fly in the face of 80 years of economic and political dogma , so it would not be easy to rally support for it.
NAOS
Well-Known Member
I'm looking for somebody with the expertise to answer this question:
Would the money that Romney has taken out of the US economy and put specifically in off-shore financing schemes show up on any tax forms? I mean, the whole point of off-shore financing is to circumvent the regulatory/taxing power of the State, so I'm assuming it doesn't. You could also add to this the money he's taken out of the US economy by moving jobs overseas, but I'm more interested in the former. I should do some research, but maybe somebody already knows. Franklin? Babe?
Would the money that Romney has taken out of the US economy and put specifically in off-shore financing schemes show up on any tax forms? I mean, the whole point of off-shore financing is to circumvent the regulatory/taxing power of the State, so I'm assuming it doesn't. You could also add to this the money he's taken out of the US economy by moving jobs overseas, but I'm more interested in the former. I should do some research, but maybe somebody already knows. Franklin? Babe?