ST Alpha - "It was only a matter of time until there was a Obama/Romney tax return ad. And Romney sounds like such a smug a-hole (editing at work). -- (link)" (Reading a Post)

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It was only a matter of time until there was a Obama/Romney tax return ad. And Romney sounds like such a smug a-hole (editing at work). -- (link)

Posted by MDH (aka MDH) Aug 1 '12, 09:37

(No message)

I'm not saying he should release them, just how he sounds. (www.youtube.com)

Responses:

[deleted] 46
- At this point, I have to believe there's something severely politically damning (though almost certainly 100% legal) in them. - ty97 Aug 1, 09:42 44
  - Is he going to change his advisors after the convention? - amoxy Aug 1, 09:54 1
    - "Kiss my ass, this is a holy site." -- nm - con_carne Aug 1, 09:55
  - there has to be. - Mel Profit Aug 1, 09:50 14
    - One theory is that he's much richer than he's let on and the vast amount of it is overseas and he doesn't pay taxes on it. Not $250 million rich, but - jnine Aug 1, 10:05 13
      - but surely overseas stuff wouldn't show up on this taxes? I thought that was the point. -- nm - loosilu Aug 1, 10:11 4
        
        The returns he already released showed some type of information that allowed people to calculate how much money he was earning overseas from investmen - jnine Aug 1, 10:18
        
        Legally, you're taxed on all of your worldwide income as a US citizen. That's the issue with Swiss banking accounts. - spamlet Aug 1, 10:17 1
        
        Maybe he was part of the settlement in 2009 for earlier years and undeclared bank accounts. That's another possibility. - spamlet Aug 1, 10:19
        
        yeah, this is my question. spam?? -- nm - Huan Van de Camp-Jiminez Aug 1, 10:12
      - I think it could be something as simple as him being under pressure from his rich friends to not release them because - con_carne Aug 1, 10:09
      - Ok, tax dodgy aside an extra zero would also be hugely damaging. -- nm - Mel Profit Aug 1, 10:09
      - If he's not hiding shady behavior, he's a moron for not releasing them. (nm) - musubi Aug 1, 10:09 5
        
        unless there's an extra zero in there somewhere... - Mel Profit Aug 1, 10:10 4
        
        Exactly. So he's a billionaire instead of millionaire. So long as he's paying his taxes, it changes nothing in his narrative. - musubi Aug 1, 10:13
        
        the fun part is that until he reveals it, we can make up more and more outlandish reasons. -- nm - Reagen Aug 1, 10:13 2
        
        You mean like the deuctions he's taking for his 10 other children from his 3 other sister wives? -- nm - jnine Aug 1, 10:26
        
        I think that was Reid's purpose. - Mel Profit Aug 1, 10:16
  - [deleted] 2
    - See below. I wonder if he got caught up in the BOSS or Son of BOSS stuff when he sold his interest in Bain. - spamlet Aug 1, 09:48 1
      - [deleted]
  - i am starting to think he made some tax decisions that were not considered illegal at the time, but since then the IRS has said - tRuMaN (hello?) Aug 1, 09:43 23
    - if you care, here is a forbes article from 2005 about the IRS and these types of things. -- (link) - tRuMaN (hello?) Aug 1, 10:04
    - This makes sense. When he left Bain was smack in the middle of height of the tax "creatvity" period on gains. - spamlet Aug 1, 09:47 21
      - tell me what that is? (I should know, I'm sure. I'm dim.) -- nm - Huan Van de Camp-Jiminez Aug 1, 09:52 12
        
        here is a quick summary based on something i have here - tRuMaN (hello?) Aug 1, 09:57 6
        
        sneaky -- nm - decline Aug 1, 10:00 5
        
        the really complicated versions used multiple corporations/etc on each side - tRuMaN (hello?) Aug 1, 10:01
        
        [deleted] 3
        
        oddly, no, that was from a newsletter thing we got a while back - tRuMaN (hello?) Aug 1, 10:02 2
        
        [deleted] 1
        
        i have a feeling it was the site copying the info - tRuMaN (hello?) Aug 1, 10:05
        
        There were a lot of lawyers and accountants that figured out ways to follow the letter of the law and generate large losses for people that needed it. - spamlet Aug 1, 09:56 3
        
        This one is potentially interesting because of the discrepancy in timing of when he left Bain. - spamlet Aug 1, 09:59 2
        
        thanks, I'll read these while I'm waiting for my car to be assessed this afternoon. -- nm - Huan Van de Camp-Jiminez Aug 1, 10:03 1
        
        These are the smart people, not the crazy people. If you want crazy (and frankly easier to read) there's the Tax Protester FAQ -- (link) - spamlet Aug 1, 10:07
        
        [deleted]
      - [deleted] 6
        
        it wasnt really legal, it just wasnt illegal until the IRS ruled on it. -- nm - tRuMaN (hello?) Aug 1, 09:53 5
        
        [deleted] 4
        
        After retroactive retirement, why not retroactive legality? (nm) - musubi Aug 1, 09:57 2
        
        [deleted] 1
        
        I retroactively change my post to that wording. (nm) - musubi Aug 1, 10:02
        
        "WE WERE ON A BREAK!" -- nm - oblique Aug 1, 09:55
      - or multiple versions of those. -- nm - tRuMaN (hello?) Aug 1, 09:49
- I just meant I didn't want to cloud my statement of him sounding like an ahole, with any political beliefs. - MDH Aug 1, 09:40

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