How Likely Is It That Romney Paid No Taxes?

Discussion in 'Politics' started by Dick Tuck, Aug 9, 2012.

  1. Dick Tuck
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    Considering the son of Boss schemes, deemed abusive by the IRS, that Romney set up, I find it very plausible that Mittens avoided paying taxes for 10 years.

    Could Romney’s Effective Tax Rate Really Be Zero? | TPMDC

     
  2. AmyNation
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    Most of his income is capital gains, factor in charitable donations and other deductions, it's possible he could reduce his liability to close to zero.

    I dont think he did anything illegal however.
     
  3. tjvh
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    Romney not paying his Taxes for ten years is about as likely as Barack Hussein Obama running his reelection campaign on the record of his achievements in the last three and a half years. Not likely indeed.
     
  4. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    Zero to none... he's probably been audited numerous times.... gazillionaires cannot fly under the radar. This whole thing is fucking stupid and nothing more than a diversion to keep the moonbats from actually thinking about Obama's abysmal record and broken promises.
     
  5. DiamondDave
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    yawn
     
  6. BreezeWood
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    "I'd think people would want me to follow the law and pay only what the tax code requires.”


    in most cases those are not the people who are audited - and being audited usually is a sign of those trying not to pay their fair share.

    Romney may think the issue was settled by attacking Reid attempting to silence the critics but the trap he can not avoid is only reset for after Tampa all the way till Nov. 6th.
     
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  7. Dick Tuck
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    Factor in his off-shore accounts, his $400 million IRA, his ability to create meaningless paper transactions, and his history at Marriott of signing off on a Son of BOSS writeoff (later dissallowed by the IRS audit), his ability to make up partnerships where he can write-off $77,000 on revenue of $211 for essentially his wife's horseback riding, and it becomes very plausible. Mitt is clearly not above using tax shams. He has a clear history of it.

    Looking over the only complete return available, from 2010, I'd say it very likely that there would be several deductions disallowed if he has that tax year audited.
     
  8. Care4all
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    gazillionaires do fall under the radar....it's set up that way....
     
  9. Dick Tuck
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    Like Bush did in 2004?
     
  10. DiamondDave
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    But but but but BOOOOOOOOOOOOOOOOOOOOSSSSSSSSSSHHHHHHHHH
     

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