ST Alpha - "For all the vitriol that politics has created and the various instruments of "journalism" that they have at their disposal it would not shock me that" (Reading a Post)

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In response to "I can't imagine Romney, a repeated Presidential candidate, would be dumb enough to do anything illegal." by ty97

For all the vitriol that politics has created and the various instruments of "journalism" that they have at their disposal it would not shock me that

Posted by Mel Profit (aka Mel Profit) Jul 18 '12, 08:22

something wasn't discovered. As mentioned, Edwards got real close to being the nominee last time while cheating on his terminally ill wife.

Rep. Weiner apparently has a similar history.

Bubba, per Game Change is out catting around.

As Jon Stewart routinely demonstrates...Journalists have failed to do their jobs at a most basic and fundamental level for awhile now, even when it's stuff you'd think they'd love to cover.

It wouldn't surprise me if Romney had some irregularities in his returns. In his defense their likely due to the complexity. It's more likely he didn't pay any taxes in '09 because of carried interests as was mentioned in an article on the BBs. If I had to guess that's what's in there.

Responses:

It's not carried interests, the speculation was that he had a net operating loss in 2008 that carried to 2009. - spamlet Jul 18, 08:28 9
- Thanks for the clarification. Very helpful. -- nm - Mel Profit Jul 18, 08:29
- [deleted] 7
  - My perfect tax system is a complete rewrite of the current system for individuals and businesses. - spamlet Jul 18, 08:37 2
    - [deleted] 1
      - i both disagree and agree with both of you, simultaneously. -- nm - tRuMaN Jul 18, 08:43
  - question, is the way carried interest treated part of the Bush-era tax cuts, or is it separately hardwired into the tax code? -- nm - znufrii Jul 18, 08:34 3
    - no, it was an old interpretation that really didnt get used heavily until the 1990s and 2000s -- nm - tRuMaN Jul 18, 08:42
    - [deleted] 1
      - k, thx. -- nm - znufrii Jul 18, 08:37
Can carried interests cover more than 50%, or are they subject to the same limitations as charitable donations? - Beryllium Jul 18, 08:24 3
- [deleted]
- That's a good question to which I will defer to the tax and lawyer STers. -- nm - Mel Profit Jul 18, 08:25
- carried interest is income, not a deduction. - tRuMaN Jul 18, 08:25

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For all the vitriol that politics has created and the various instruments of "journalism" that they have at their disposal it would not shock me that

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