Patrick.net

Romney the tax cheat.

By gbenson   Follow   Mon, 29 Oct 2012, 9:30pm   828 views   14 comments
Watch (1)   Share   Quote   Permalink   Like (3)   Dislike (2)  

In short, Romney's trust funds for his kids are earning astronomical returns on investments that historically have modest returns. As conservative columnist George Will said, "Romney has calculated that releasing his returns will be much more damaging than not releasing them."

http://www.huffingtonpost.com/2012/10/29/mitt-romney-taxes-calvin-johnson_n_2039899.html

Viewing Comments 1-14 of 14     Last »     See most liked comments

1. CaptainShuddup Follow Befriend (1) 246 threads 4,658 comments

   1   7:23am Tue 30 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike   Hah it must have been a lie, that page is all about Hurricane Sandy.

2. gbenson Follow Befriend 16 threads 377 comments

   2   9:02am Tue 30 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   Works here... Must be that Republican alter-universe you live in that blocks all negative information that conflicts with your beliefs.

3. Nobody Follow Befriend 10 threads 272 comments San Jose, CA

   3   11:40am Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   It is amazing to see close to majority of the people, including the middle class that Romney is trying to screw, are buying this bs.

4. Vicente Follow Befriend (8) 203 threads 4,403 comments Davis, CA

   4   12:40pm Tue 30 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   It's good that RMoney has "calculated" the political fallout about being honest about what a spoiled Richie Rich clan he heads. I hope to see that his calculations run afoul of the American sense of equality and openness.

5. PolishKnight Follow Befriend (1) 408 comments Reston, VA

   5   1:51pm Tue 30 Oct 2012   Share   Quote   Permalink   Like (1)   Dislike (1)   "It is amazing to see close to majority of the people, including the middle class that Romney is trying to screw, are buying this bs." Apparently, the majority of the "middle class" don't appreciate the benefits of high unemployment and high gasoline prices. Haha! Why not just give everyone a high paying, preferential government job? Oh, wait, once EVERYONE has access to the GUM store, then what's the point?

6. thomaswong.1986 Follow Befriend 14 threads 2,820 comments

   6   2:47pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   "The letter, by University of Texas Law School Professor Calvin Johnson, focuses on two trusts Romney has set up: one for his children, which is worth over $100 million, and an $87 million retirement trust. " . . . It does make you wonder why the media is always pulling up someone from the academia or a lawyer to discuss what otherwise would have been a question for a CPA ? This guy probably never even worked on a clients individual or corporate tax return in his life. I doubt he has any experience in such tax matters.

7. errc Follow Befriend (7) 29 threads 1,203 comments 31 male Premium

   7   3:20pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   Protected   I always assumed everyone cheated like hell on their income taxes. Its the american thing to do. What kind of jackass doesn't "cheat" on their income taxes?

8. rooemoore Follow Befriend 41 threads 905 comments Ross, CA

   8   4:01pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   PolishKnight says "It is amazing to see close to majority of the people, including the middle class that Romney is trying to screw, are buying this bs." Finally, PolishKnight is making some sense.

9. gbenson Follow Befriend 16 threads 377 comments

   9   4:16pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   thomaswong.1986 says It does make you wonder why the media is always pulling up someone from the academia or a lawyer to discuss what otherwise would have been a question for a CPA ? Yes, why on earth would be believe a respected tax attorney who teaches tax law could know anything about this subject. Dumbass...

10. gbenson Follow Befriend 16 threads 377 comments

    10   4:16pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   Melmakian says How does that prove HE CHEATED on taxes Because Romney filed taxes that said he gave his kids an asset worth $X, (not taxable) when when in fact it was worth $Y (which is taxable). That's tax fraud, pure and simple. Either that or you have to believe that while you and the rest of the planet are getting 2% interest on your bond investment, but Romney's investment has magically been earning 4% (note, I know its not actually a savings bond, but the concept illustrates the point)

11. PolishKnight Follow Befriend (1) 408 comments Reston, VA

    11   4:35pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   "Finally, PolishKnight is making some sense." Hahaha! Go to work for the dailyshow or SNL. Please. You might be able to make 95% of the shows somewhat funny.

12. Honest Abe Follow Befriend (41) 91 threads 1,806 comments

    12   4:45pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike (1)   Headline News, this just in: "If Romney gets elected, he voes to donate his salary to charity. If Obama wins, he voes to donate yours".

13. gbenson Follow Befriend 16 threads 377 comments

    13   7:40pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   This whole story originated from a Republican: http://www.forbes.com/sites/brendancoffey/2011/06/15/did-mitt-romney-live-in-his-sons-unfinished-basement-last-year/

14. kentm Follow Befriend (1) 117 threads 971 comments

    14   10:59pm Tue 30 Oct 2012   Share   Quote   Permalink   Like   Dislike   Here's morei http://www.sfgate.com/business/bloomberg/article/Romney-Avoids-Taxes-Exploiting-Loophole-Cutting-3989989.php Romney Avoids Taxes Exploiting Loophole Cutting Mormon Donations Read more: http://www.sfgate.com/business/bloomberg/article/Romney-Avoids-Taxes-Exploiting-Loophole-Cutting-3989989.php#ixzz2AqyEIDjP