The Bain Files

[Ravi]

Yeah, Kerry is a good one to compare Mitt with. Kerry lost.

And Mitt has spent years avoiding paying taxes simply because he was born with a silver spoon in his mouth.

 

[Katzndogz]

Democrats must have run out of issues, they are now recycling old ones.

 

[bigrebnc1775]

screwball. the rich man is coming to enslave you.

 

[Charles_Main]

This might be interesting.



The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes

People might take you more Seriously if you cared as much about Obama's being Transparent as you do Romney, But you clearly don't so I call this Hypocritical BS from a Ultra Partisan Hack.

Sorry.

That's fine. You are free to think as you wish. These Bain Files look really interesting.

Oh I was not commenting on the Files, Just on you and your consistent Hypocrisy.

Carry on

 

[Article 15]

This might be interesting.

Mitt Romney's $250 million fortune is largely a black hole: Aside from the meager and vague disclosures he has filed under federal and Massachusetts laws, and the two years of partial tax returns (one filed and another provisional) he has released, there is almost no data on precisely what his vast holdings consist of, or what vehicles he has used to escape taxes on his income. Gawker has obtained a massive cache of confidential financial documents that shed a great deal of light on those finances, and on the tax-dodging tricks available to the hyper-rich that he has used to keep his effective tax rate at roughly 13% over the last decade.

Today, we are publishing more than 950 pages of internal audits, financial statements, and private investor letters for 21 cryptically named entities in which Romney had invested—at minimum—more than $10 million as of 2011 (that number is based on the low end of ranges he has disclosed—the true number is almost certainly significantly higher). Almost all of them are affiliated with Bain Capital, the secretive private equity firm Romney co-founded in 1984 and ran until his departure in 1999 (or 2002, depending on whom you ask). Many of them are offshore funds based in the Cayman Islands. Together, they reveal the mind-numbing, maze-like, and deeply opaque complexity with which Romney has handled his wealth, the exotic tax-avoidance schemes available only to the preposterously wealthy that benefit him, the unlikely (for a right-wing religious Mormon) places that his money has ended up, and the deeply hypocritical distance between his own criticisms of Obama's fiscal approach and his money managers' embrace of those same policies. They also show that some of the investments that Romney has always described as part of his retirement package at Bain weren't made until years after he left the company.

The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes

People might take you more Seriously if you cared as much about Obama's being Transparent as you do Romney, But you clearly don't so I call this Hypocritical BS from a Ultra Partisan Hack.

Sorry.

Try to tone the irony down just a tad, man.

 

[Remodeling Maidiac]

[ame=http://www.youtube.com/watch?v=Iop9aySZ-EU&feature=youtube_gdata_player]Pelosi's Culture Of Corruption - YouTube[/ame]

 

[Charles_Main]

Yeah, Kerry is a good one to compare Mitt with. Kerry lost.

And Mitt has spent years avoiding paying taxes simply because he was born with a silver spoon in his mouth.

That is Horse shit an you know it. Kerry Married into Money, Romney Gave away the Vast Majority of his Inheritance and then Built his Own Fortune. Kerry never did shit but say I do.

Pathetic.

 

[Charles_Main]

This might be interesting.



The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes

People might take you more Seriously if you cared as much about Obama's being Transparent as you do Romney, But you clearly don't so I call this Hypocritical BS from a Ultra Partisan Hack.

Sorry.

Try to tone the irony down just a tad, man.

Libs that Defend Obama not being Transparent demand Romney be Transparent, and I am being Ironic?

That's well....Ironic

 

[Remodeling Maidiac]

I posted plenty of trash from the left but apparently the garbage lady has tunnel vision.

What a surprise

 

[g5000]

This might be interesting.

Mitt Romney's $250 million fortune is largely a black hole: Aside from the meager and vague disclosures he has filed under federal and Massachusetts laws, and the two years of partial tax returns (one filed and another provisional) he has released, there is almost no data on precisely what his vast holdings consist of, or what vehicles he has used to escape taxes on his income. Gawker has obtained a massive cache of confidential financial documents that shed a great deal of light on those finances, and on the tax-dodging tricks available to the hyper-rich that he has used to keep his effective tax rate at roughly 13% over the last decade.

Today, we are publishing more than 950 pages of internal audits, financial statements, and private investor letters for 21 cryptically named entities in which Romney had invested—at minimum—more than $10 million as of 2011 (that number is based on the low end of ranges he has disclosed—the true number is almost certainly significantly higher). Almost all of them are affiliated with Bain Capital, the secretive private equity firm Romney co-founded in 1984 and ran until his departure in 1999 (or 2002, depending on whom you ask). Many of them are offshore funds based in the Cayman Islands. Together, they reveal the mind-numbing, maze-like, and deeply opaque complexity with which Romney has handled his wealth, the exotic tax-avoidance schemes available only to the preposterously wealthy that benefit him, the unlikely (for a right-wing religious Mormon) places that his money has ended up, and the deeply hypocritical distance between his own criticisms of Obama's fiscal approach and his money managers' embrace of those same policies. They also show that some of the investments that Romney has always described as part of his retirement package at Bain weren't made until years after he left the company.

The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes

Allow me to summarize:

"We are going to show you that Mitt Romney is FILTHY rich. We are also going to show you how he used the tax laws to legally avoid paying his FAIR SHARE of taxes. And while we will not provide any evidence he broke any laws, by the time we are done you will believe we have done exactly that."

.

 

[Article 15]

People might take you more Seriously if you cared as much about Obama's being Transparent as you do Romney, But you clearly don't so I call this Hypocritical BS from a Ultra Partisan Hack.

Sorry.

That's fine. You are free to think as you wish. These Bain Files look really interesting.

Oh I was not commenting on the Files, Just on you and your consistent Hypocrisy.

Carry on

Yet in this thread instead of holding Romney to the same standard you would Obama you choose to point fingers at the messenger.

I'm not saying that I'm above my bias by any means but holy fuck, kettle, leave that pot alone.

 

[Full-Auto]

I posted plenty of trash from the left but apparently the garbage lady has tunnel vision.

What a surprise

If there was any doubt in regards to the extent of the greed and envy of the left...This thread should put it to rest.


It is all a democrat knows......

 

[Ravi]

This might be interesting.

Mitt Romney's $250 million fortune is largely a black hole: Aside from the meager and vague disclosures he has filed under federal and Massachusetts laws, and the two years of partial tax returns (one filed and another provisional) he has released, there is almost no data on precisely what his vast holdings consist of, or what vehicles he has used to escape taxes on his income. Gawker has obtained a massive cache of confidential financial documents that shed a great deal of light on those finances, and on the tax-dodging tricks available to the hyper-rich that he has used to keep his effective tax rate at roughly 13% over the last decade.

Today, we are publishing more than 950 pages of internal audits, financial statements, and private investor letters for 21 cryptically named entities in which Romney had invested—at minimum—more than $10 million as of 2011 (that number is based on the low end of ranges he has disclosed—the true number is almost certainly significantly higher). Almost all of them are affiliated with Bain Capital, the secretive private equity firm Romney co-founded in 1984 and ran until his departure in 1999 (or 2002, depending on whom you ask). Many of them are offshore funds based in the Cayman Islands. Together, they reveal the mind-numbing, maze-like, and deeply opaque complexity with which Romney has handled his wealth, the exotic tax-avoidance schemes available only to the preposterously wealthy that benefit him, the unlikely (for a right-wing religious Mormon) places that his money has ended up, and the deeply hypocritical distance between his own criticisms of Obama's fiscal approach and his money managers' embrace of those same policies. They also show that some of the investments that Romney has always described as part of his retirement package at Bain weren't made until years after he left the company.

The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes

Allow me to summarize:

"We are going to show you that Mitt Romney is FILTHY rich. We are also going to show you how he used the tax laws to legally avoid paying his FAIR SHARE of taxes. And while we will not provide any evidence he broke any laws, by the time we are done you will believe we have done exactly that."

.

I don't think he broke any laws. But for some reason he wants to hide how much he's profited off the system. And lower the rates even more for people like him at the expense of the rest of the country.

 

[Remodeling Maidiac]

That's fine. You are free to think as you wish. These Bain Files look really interesting.

Oh I was not commenting on the Files, Just on you and your consistent Hypocrisy.

Carry on

Yet in this thread instead of holding Romney to the same standard you would Obama you choose to point fingers at the messenger.

I'm not saying that I'm above my bias by any means but holy fuck, kettle, leave that pot alone.

Except Obama is playing poker with OUR MONEY Romney wasn't

 

[Ravi]

Not that there's anything wrong with it, but this is also kind of cool.

A perhaps less well-known, and sketchier, method for avoiding taxes is something called an equity swap, and several of Romney's funds make use of the trick, according to the documents. Simply put, equity swaps are agreements to exchange the gain or loss on a particular set of assets without actually transferring ownership. According to a 2008 Senate Finance Committee report, they are also a "key type of transaction used by U.S. financial institutions to help offshore clients, including offshore hedge funds, dodge payment of dividend taxes." The New York Times reported in 2010 that the IRS is scrutinizing equity swaps as a tax avoidance scheme, because the agency "suspects that the banks are disguising who owns stock in order to help their offshore hedge fund clients avoid the withholding tax — a tax the banks are supposed to collect."

Equity Swaps, AIVs, and Mitt Romney's Other Tax-Dodging Tricks

 

[g5000]

This might be interesting.



The Bain Files: Inside Mitt Romney's Tax-Dodging Cayman Schemes

Allow me to summarize:

"We are going to show you that Mitt Romney is FILTHY rich. We are also going to show you how he used the tax laws to legally avoid paying his FAIR SHARE of taxes. And while we will not provide any evidence he broke any laws, by the time we are done you will believe we have done exactly that."

.

I don't think he broke any laws.

You are above the average intelligence of the intended audience for this kind of stuff. I think a lot of people will conclude he did something illegal.

And yes, someone did waterboard me until I said you were above average intelligence.

But for some reason he wants to hide how much he's profited off the system. And lower the rates even more for people like him at the expense of the rest of the country.

Romney wishes to hide his finances precisely because of class envy. He seems inordinately embarrassed about his wealth, but he shouldn't.

He does want to eliminate taxes on long term capital gains, which would probably benefit him and every other filthy rich person. I am undecided on the wisdom of that.


.

 

[bigrebnc1775]

Oh I was not commenting on the Files, Just on you and your consistent Hypocrisy.

Carry on

Yet in this thread instead of holding Romney to the same standard you would Obama you choose to point fingers at the messenger.

I'm not saying that I'm above my bias by any means but holy fuck, kettle, leave that pot alone.

Except Obama is playing poker with OUR MONEY Romney wasn't

 

[Full-Auto]

Allow me to summarize:

"We are going to show you that Mitt Romney is FILTHY rich. We are also going to show you how he used the tax laws to legally avoid paying his FAIR SHARE of taxes. And while we will not provide any evidence he broke any laws, by the time we are done you will believe we have done exactly that."

.

I don't think he broke any laws.

You are above the average intelligence of the intended audience for this kind of stuff. I think a lot of people will conclude he did something illegal.

And yes, someone did waterboard me until I said you were above average intelligence.

But for some reason he wants to hide how much he's profited off the system. And lower the rates even more for people like him at the expense of the rest of the country.

Romney wishes to hide his finances precisely because of class envy. He seems inordinately embarrassed about his wealth, but he shouldn't.

He does want to eliminate taxes on long term capital gains, which would probably benefit him and every other filthy rich person. I am undecided on the wisdom of that.


.

Well...while deciding keep in mind many many many middle class citizens have investments tied to capital gains.

 

[g5000]

I don't think he broke any laws.

You are above the average intelligence of the intended audience for this kind of stuff. I think a lot of people will conclude he did something illegal.

And yes, someone did waterboard me until I said you were above average intelligence.

But for some reason he wants to hide how much he's profited off the system. And lower the rates even more for people like him at the expense of the rest of the country.

Romney wishes to hide his finances precisely because of class envy. He seems inordinately embarrassed about his wealth, but he shouldn't.

He does want to eliminate taxes on long term capital gains, which would probably benefit him and every other filthy rich person. I am undecided on the wisdom of that.


.

Well...while deciding keep in mind many many many middle class citizens have investments tied to capital gains.

I am one of those people.

There are proposals to eliminate capital gains taxes for gains up to a certain amount. That obviously appeals to people like me who earn gains below that amount.

.

 

[Katzndogz]

Can a thread about Romney's tax returns be far behind?