D'Oh-bama!: If you’ve got a business -- you didn’t build that.

Then we don't know if DWS or Pelosi pay their legal share of taxes either. Lock'em up!!!!

 

I hadn't realized they were running for president.

 

"And I will cheat on you every night."

Every system can be gamed. That doesn't mean it's illegal, it probably just means he gamed the system. And that probably wouldn't be too popular with struggling Americans while he's pulling permits to build an elevator for his cars.

The bottom line is that we don't know what's in Romney's taxes.

What we do know is that, even with this boatload of Republicans saying just release them, he believes he'd be worse off if he did.

Maybe they show that he did do something illegal. Maybe they show that he killed a guy. Or blew one. Or invested in Al Qaida.

As long as he keeps his returns private, the mind is free to wander...

 

gotta love the Taxers. lol. what a waste of time

especially when trying to change the topic in this thread, and then to make matters worse, Obama won't even release his college transcripts!

 

you're fighting a losing battle here.

Harvard Law Review, in case you didn't know, is only open to the top 10% of any grade.

Graduating magna c*m laude from HLS. I'm guessing the man just wants to be humble.

 

Heh. The guy in the Romney ad surrounding this out-of-context quote actually took millions in government loans/contracts. He didn't build that alone, either, it appears.

 

Perfect example. If you do cheat on your wife, you still aren't violating your agreement - technically, you were faithful during the time you weren't cheating that day. Something tells me, however, your wife would consider if cheating despite you following the stated rule.

So basically, your position is that there are no loopholes in the law? Everything in current law works exactly as Congress intends?

 

What is the topic of the thread?

 

Mitt Romney is a liar (so is basso) who will say anything.

Team Obama Sees Pattern In Romney Taking Obama Out Of Context

Back in November, 2011, Mitt Romney’s presidential campaign proudly took President Obama out of context in one of its first web ads. Now, with the Romney campaign on air with a new ad based around an out-of-context Obama quote, the Obama campaign sees a pattern. Team Obama’s new web video pushing back on the latest Romney spot:

<iframe width="560" height="315" src="http://www.youtube.com/embed/Gp8nC9dBhaQ" frameborder="0" allowfullscreen></iframe>

 

I can think of a few. To hide the source of income, security and/or the ability to receive/distribute funds incognito. Not necessarily just to avoid taxes although that could be part of it.

 

:grin: This is comical this is right there with joe the plumber who had no idea what he was saying just repeating what fox news says.

 

Mitt Romney tells Olympians you didn't get here on your own

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One of the interesting theories as to why Rmoney has a Swiss Bank account is that he was actually helping some of Bain’s foreign investors avoid U.S. taxes and scrutiny — not himself.

via TPM --

One expert on tax strategies employed by high-net-worth individuals like Romney speculated that the purpose of the Swiss bank account was to protect foreign investors seeking to do business with Bain Capital from paying U.S. taxes.

“My instinct on this has been that the foreign accounts probably grew out of Bain business deals in which they were handling investments for foreign investors in a manner that guaranteed the foreign investors that they would not become connected to a U.S. business or otherwise subject to US tax (or IRS intrusiveness),” this expert told me.

“If that was the case, then maybe he left his money overseas to put into new investments. Otherwise the question is why Romney thought a foreign bank was better able to meet his needs that a US bank — especially when all the big foreign banks have branches in New York,” the expert said.

“n the modern world, the is nothing legitimate that a foreign bank can do for a U.S. citizen that a New York bank cannot do just as well,” the expert added. “So, my best [guess] on this is Bain got him in a foreign bank, and he did not want to sever ties with the Bain world, or he failed to think about the political implications.”

 

he was such a better speaker then. i guess now Romney thinks all olympians didn't win their medals, but rather gov't did.

 

powerful ad

(but of course it's racist for suggesting king urkel hasn't done a good job)

 

Romney’s ‘We Did Build This’ Events Feature Businesses Built With Government Subsidies And Contracts

Today, the Romney campaign is hosting an entire series of campaign events based on President Obama’s misinterpreted comment about small businesses. While Obama’s full speech made a “no man is an island” argument, the Romney campaign has seized on the quote, “If you’ve got a business, you didn’t build that” as evidence of Obama’s disdain for small business owners.

Romney, ignoring the fact that he has echoed this same sentiment on multiple occasions, organized 24 “We Did Build This” events in the battleground states of Pennsylvania, Wisconsin, Virginia, Ohio, Iowa, Florida, Missouri, North Carolina, Michigan, New Hampshire, New Mexico, and Nevada. At each event, local business owners are speaking about their self-sufficiency in running a business and how government is hindering their growth.

But, like the New Hampshire business owner showcased in Romney’s attack ad on the issue, many of these business owners have received significant support from the government, a ThinkProgress analysis finds.

Ball Office Products hosted the “We Did Build This” event in Richmond, Virginia. The company received a loan of $635,000 through the Small Business Administration in 2012, according to USASpending.gov. The company was also awarded a lucrative $52,525 contract with the General Services Administration just a year after its founding.

Midwest Tapes, a media distributor of Holland, Ohio, was showcased at a local event and received stimulus funds under the American Recovery and Reinvestment Act of 2009. Midwest Tapes has been contracted by the Department of Defense since 2008, earning a cumulative $13,659.

Columbus Truck and Equipment was featured in a neighboring event and has received $6,643 in contracts with the Department of Defense.

Cranston Material Handling Equipment Corporation, the owner of which spoke Wednesday morning at a campaign event in Harrisburg, Pennsylvania, has reaped a total of $61,729 in contracts with the Department of Defense and the Department of Veterans Affairs since 2007.

Systems Engineering Co.The owner of Systems Engineering has received a total of $180,200 in DOD contracts, as recently as last year.

Larson Group, which sent its owner to the local Romney event in Missouri, was awarded $3,845 in stimulus funds.

Brady Industries in Las Vegas has received $54,425 in contracts with Veterans Affairs since 2009.

Pennsylvania business PRL Industries Inc. received a $167,847 contract through the Department of Homeland Security for ship and boat propulsion components for the U.S. Coast Guard in August 2008. Janis Herschkowitz, who spoke on behalf of PRL, Inc. used to be a director of the National Consumer Cooperative Bank, which, defined in Herschkowitz’ own words, was created by Congress “to meet personal, social or business needs, especially in low- and moderate-income communities by forming cooperatives.”

An Iowa event featured Competitive Edge, Inc. which was contracted by Veterans Affairs for $3,543 to make informational refrigerator magnets.

J & W Cycles of Missouri was awarded $25,808 in contracts from the DOD and Department of Interior.

Total Resource, featured in a Sparks, Nevada campaign event, has been a federal contractor since 2010, and received a $11,200 contract from the DOD in 2009.

Applegate Insulation, which hosted one of the events in Michigan, benefited from an energy saving federal tax credit worth 30 percent of the installation project, up to $1,500.

Home Instead Senior Care supported Romney in Roanoke, Virginia, even though home health care companies receive 75 percent of their funding from public programs like Medicare and Medicaid. Home Instead franchises in Virginia have received at least $3,613,549 in federal funding through the Department of Veterans Affairs since 2008. Chris Head, who represented Home Instead at the event, has previously lamented the low Medicaid reimbursement rates in Virginia and told the Roanoke Times that he wished state funding had helped save the now-defunct local Mill Mountain Theatre.

Ed Nagle of Nagle Trucking in Ohio also took issue with Obama’s speech, which mentioned roads and bridges as examples of essential government support. But less than a year ago, Nagle protested an idea to privatize the Ohio Turnpike, noting that the privatized Indiana toll road “has diminished in its quality and it’s become a lot more expensive.”

While the “We Did Build This” event was intended to “allow small business owners the chance to respond to President Obama’s claim,” it is clear that many of these owners exemplify the combined powers of individual effort and government support that Obama — and Romney — have praised.