This may be a stupid question, but what's the matter with Romney adroitly navigating the US tax code? If someone saves a couple of thousand on something, most people don't rush to call him a cheat. Romney just did it on a bigger scale; something anyone with his resources should do. Sure you can argue that the tax code is FUBAR'ed, but I see nothing worth being upset at Romney about. You gotta play the game by its rules.
because the average person does not have the resource or ability to use the tax loop holes created by the rich and powerful for the rich and powerful. The rich is getting a bigger and bigger piece of the pie while and the same time using all sorts of ways to avoid paying their fair share of the tax. This is not your couple hundred grand a year rich, these are people making at least millions a year. The tea party should be all over this, but do you hear a peep from them?
The conversation should not be focused on Romney but the idea that folks like Romney who make millions and millions of dollars through their buddies in govt have effectively lobbied for all sorts of tax loop holes that regular working peps will never benefit from. Stuff like the 'fees' a CEO makes is only taxed at capital gains? Come on peps, let's just level the playing field here. It is focused on Romney as he is clearly in the public's eye at this point and the issue is on the table. I'm glad Romney's running in fact so this can be discussed in the MSM. BTW, this is one of the side effects of globalization. People aren't just outsourcing jobs & mfg overseas, they're also outsourcing their money at the expense of the lower & middle class who are in fact responsible for their wealth.
why do you love being a annoying fly buzzing around with no purpose other than to annoy? Don't you aspire to anything more?
When you have to resort to personal insults, you've lost any argument. You lose. I'll be the bigger man and not stoop to your level
The difference is that one "issue" deals with who Barack Obama is and the other addresses what Mitt Romney is. In regards to Obama's college transcripts, the topic is a dog whistle for the same crowd that demanded the birth certificate (and those who still won't accept that as legitimate). They cling to the idea that there is something in the transcripts that will prove Barack Obama isn't what he says he is (American), thereby delegitimizing him and confirming their worst "fears" (Muslim, foreign-born, Manchurian Candidate). It goes back to the beginning when a loud minority was afraid of a candidate named Barack Hussein Obama II because he didn't think, act or, most importantly, look like them. And because racist impulses are cloak-and-dagger in 2012, this minority can claim they're simply doing their "due diligence" in "vetting" Barack Obama when we all know that if the President was named Joe Biden, none of this would have ever come up. However, there is no debate about who Mitt Romney is. We know he was fortunate to be born into wealth and given many advantages early in life. He should not be faulted for this. However, his favorable position in life, and what he's been able to do during it, is a product of being American. In very few countries could a man have such a wide array of opportunities (the best schools, endless wealth, Olympic opportunities and political ambitions) and with these increased advantages, he is expected to support the system that engendered his life to this point. It's his reluctance to honestly participate in the American system that makes us question what he is. He was not born a tax cheat, nor was he born a venture capitalist (unlike Barack Obama being born black with a foreign name). Instead, he has chosen to become these things and disavow all responsibility for his choices. It's this reluctance that calls into question his morals throughout his whole life and what he has become as a result of being born in a different strata than many of us. Just as Barack Obama can't disavow his name (inb4 "He went by BARRY!!!!1!), perhaps Mitt Romney recognizes that he is unable to run against himself and release his tax records.
Again, the tax code is what it is. I don't see people getting yelled at for going to H&R Block. If you want to focus the argument on tax code reform, that's perfectly reasonable. But choosing to think less of Romney because his taxes are filed properly is dumb. Focus on his platform, not his taxes.
We don't know they are filed properly. Hence the reason for the thread. Even republicans are saying it's a legitimate question. And BTW Romney refuses to tell us what his platform is.
<iframe width="420" height="315" src="http://www.youtube.com/embed/qqUSMQoBPTA" frameborder="0" allowfullscreen></iframe>
There isn't anything wrong with Romney taking advantage of the current tax law. There IS something wrong with him not disclosing his returns. Why is he doing this if he just played by the rules?
You might personally approve of folks worth hundreds of millions of dollars making money by outsourcing jobs and then taking the money they made by eliminating US jobs into Swiss bank accts and off shore tax shelters, but the average American does not This is probably what Romney is afraid of. There does appear to be a reasonable possibility that he fraudulently filled out SEC Forms-- perhaps unknowingly, though a Duke law professor on TV, who examined the forms, said they did not appear to be boilerplate and were specifically detailed. Given his otherwise clean record I think he would undoubtedly be given felony probation. Maybe even deferred adjudication if they have that in the Federal System.
So Romney just announced he'll release his 2011 records, and that's it. He refuses to release anything else. What a clown. Way to diffuse all of the speculation.
SCOTT THUMAN: What about Bain Capital? It's a big issue for the past 24 hours right now. Mitt Romney's campaign says he left in '99, yours says it's 2000, there's a significant difference, is he being dishonest with the American public? PRESIDENT BARACK OBAMA: Well, here's what I know, we were just talking about responsibility and as president of the United States, it's pretty clear to me that I'm responsible for folks who are working in the federal government and you know, Harry Truman said the buck stops with you. Now, my understanding is that Mr. Romney attested to the SEC, multiple times, that he was the chairman, CEO and president of Bain Capital and I think most Americans figure if you are the chairman, CEO and president of a company that you are responsible for what that company does. Ultimately Mr. Romney, I think, is going to have to answer those questions, because if he aspires to being president one of the things you learn is, you are ultimately responsible for the conduct of your operations, but again that's probably a question that he's going to have to answer and I think that's a legitimate part of the campaign. SCOTT THUMAN: And you think he should answer that soon? PRESIDENT BARACK OBAMA: Yeah, absolutely. http://www.wjla.com/articles/2012/0...ould-answer-bain-capital-questions-77842.html