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What's In Those Tax Returns?


Park

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The first is Romney's Swiss bank account. Most presidential candidates don't think it appropriate to bet that the U.S. dollar will lose value by speculating in Swiss Francs, which is basically the rationale offered by the trustee of Romney's "blind" trust for opening this account. What's more, if you really want just to speculate on foreign currencies, you don't need a Swiss bank account to do so.

 

well this makes perfect sense - Romney bet against the U.S. dollar while a republican was in office and then closed the Swiss bank account in 2009 when Obama took office.

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Everyday I wake up and see he hasn't released them I do a harty "hurrah!" This Tricky Mitt is obviously hiding a bomb shell but the longer he hides the greater the drama grows.

 

John McCain has seen them and really hasn't said anything. But we do know this. He didn't pick Mitt as a running mate. He took Palin instead, lol. Could be related to the taxes? We don't know.

 

 

What's he hiding???

First thing you do in the morning is go check if Mitt released his TR's and then yell " hurrah he hasn't!"

What a fascinating life.

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Maybe Romney just doesn't want the country to get fired up about the ridiculousness of the carried interest loophole.

 

 

But Kleinbard described carried interest this way: basically, carried interest refers to management fees that money managers receive for dealing with someone else’s money. That gets taxed at the capital gains rate, 15%, rather than the higher income tax rate of 35% at the top margin. To the extent that a lower capital gains tax can get justified at all, it’s as an encouragement for investment. But giving that tax break to the money manager encourages no investment at all. The money would get invested either way, as it has no bearing on the tax advantage of the investor. The money manager is just getting a break, and a giant one at that.

 

Hedge fund managers all over are saying hush, lets keep this scam in the dark.

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Maybe Romney just doesn't want the country to get fired up about the ridiculousness of the carried interest loophole.

Hedge fund managers all over are saying hush, lets keep this scam in the dark.

That a boy, Skippy. You keep trying to get an America with 8.3% unemployment to start caring about something like "the carried interest loophole."

 

Not to mention, you guys are all spun up on a rumor from a child molester (so we've heard, anyway). But take a trillion dollars in TAXPAYER money, launder it to failing solar companies so the owners can hand that taxpayer money into Obama campaign coffers, and all we hear from you is how this scam saved us from some financial disaster that wasn't going to happen anyway.

 

But hey....carried interest loopholes. THERE'S a real problem. :lol:

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It's entertaining watching ...lybob in this thread. The best part is, he's not some Axlerod type trying to spin some bogus non-story to distract a semi-attentive public - He's actually convinced himself that all of this is not only true, but of the utmost importance. And that Mitt Romney is an evil man who fleeced the poor. In his mind, he believes he would give half a **** if these accusations and this evidence (see lack of) were leveled against a Democrat.

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That a boy, Skippy. You keep trying to get an America with 8.3% unemployment to start caring about something like "the carried interest loophole."

 

Not to mention, you guys are all spun up on a rumor from a child molester (so we've heard, anyway). But take a trillion dollars in TAXPAYER money, launder it to failing solar companies so the owners can hand that taxpayer money into Obama campaign coffers, and all we hear from you is how this scam saved us from some financial disaster that wasn't going to happen anyway.

 

But hey....carried interest loopholes. THERE'S a real problem. :lol:

Again, ANOTHER thing that could have been addressed in the first 2 years of the Barry error. But wasn't, for some strange reason. <_<

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Again, ANOTHER thing that could have been addressed in the first 2 years of the Barry error. But wasn't, for some strange reason. <_<

 

 

True. It's a joke he didn't fix everything in 2 years. He should have known government would cease to exist after that point.

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From the IRS...

 

"The FBAR is not filed with the filer's federal income tax return."

 

It's not a tax form.

 

True. It's a joke he didn't fix everything in 2 years. He should have known government would cease to exist after that point.

 

No, no, no, no, no. "Obstructionist Republicans" is the correct excuse.

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No, no, no, no, no. "Obstructionist Republicans" is the correct excuse.

 

 

It isn't their fault there is no reason. We don't know why government just stopped working somehow. I think Obama broke it.

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It isn't their fault there is no reason. We don't know why government just stopped working somehow. I think Obama broke it.

 

No, it was definitely the Republicans. Because even if Obama broke it, somebody else made that happen.

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True. It's a joke he didn't fix everything in 2 years. He should have known government would cease to exist after that point.

Wait, I must have first the first thing he fixed in his first 2 years, much less "almost everything." :rolleyes:

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Right now it only seems that Mitt has something to lose. Why not make it so they both have skin in the game. If Harry is so convinced his source is credible then Harry can offer to resign if Mitt releases the returns and it shows he did pay taxes. And if at that point Mitt does not agree then maybe he is hiding something. And no crossing their fingers behind their backs... ;)

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To me, its important for Romney to release his records for the very fact that as president, he will be leading efforts to shape tax policy. Romney is innocent until proven guilty, but I think the public is interested to see if he holds himself to same ethical and legal standards as the people he hopes to represent.

 

I think it is a reasoanble request.

 

 

Is it reasonable to know the grades of the president?

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