Dukakis was a idiot, he let a murder loose on the streets.Perception matters more than reality. Remember the pictures of Dukakis on the tank?
Lots of options not available to the vast majority of Americans, as they would have little or nothing to live on. But if you're already worth $250 million why not put those $300k speakers fees into tax deferred account.
Vacation homes, yachts, gambling losses, mortgage interest & charitable donations (the value of which increase with income) And the Hollywood favorite, the ranch subsidy.
And I forgot to mention the carried interest loophole applied to bonus compensation. Another way 'Joe' from the OP, depending on how he is actually compensated can minimize his tax liability.
It doesn't take a "rocket scientist" to figure out who's funneling millions of dollars into Romney's PAC?Ten giant U.S. companies avoiding income taxes: Sen. Bernie Sanders list
March 27, 2011
..... Some people call the income tax system with generous loopholes for big companies corporate welfare or corporate entitlements.
1) Exxon Mobil made $19 billion in profits in 2009. Exxon not only paid no federal income taxes, it actually received a $156 million rebate from the IRS, according to its SEC filings.
2) Bank of America received a $1.9 billion tax refund from the IRS last year, although it made $4.4 billion in profits and received a bailout from the Federal Reserve and the Treasury Department of nearly $1 trillion.
3) Over the past five years, while General Electric made $26 billion in profits in the United States, it received a $4.1 billion refund from the IRS.
4) Chevron received a $19 million refund from the IRS last year after it made $10 billion in profits in 2009.
5) Boeing, which received a $30 billion contract from the Pentagon to build 179 airborne tankers, got a $124 million refund from the IRS last year.
6) Valero Energy, the 25th largest company in America with $68 billion in sales last year received a $157 million tax refund check from the IRS and, over the past three years, it received a $134 million tax break from the oil and gas manufacturing tax deduction.
7) Goldman Sachs in 2008 only paid 1.1 percent of its income in taxes even though it earned a profit of $2.3 billion and received an almost $800 billion from the Federal Reserve and U.S. Treasury Department.
8) Citigroup last year made more than $4 billion in profits but paid no federal income taxes. It received a $2.5 trillion bailout from the Federal Reserve and U.S. Treasury.
9) ConocoPhillips, the fifth largest oil company in the United States, made $16 billion in profits from 2007 through 2009, but received $451 million in tax breaks through the oil and gas manufacturing deduction.
10) Over the past five years, Carnival Cruise Lines made more than $11 billion in profits, but its federal income tax rate during those years was just 1.1 percent.
http://blogs.suntimes.com/sweet/2011/03/ten_giant_us_companies_avoidin.html
Dukakis was a idiot, he let a murder loose on the streets.
Wasn't Dukakis also the governor of a good "Christian state" that believes in "second chances," "to be forgiving" and "to act with compassion toward the convicts."Despite Outcry, Haley Barbour Defends His Pardoning of 200 Mississippi Convicts
The former governor has been denounced by the state’s attorney general who said the pardons may be unconstitutional.
01/13/2012
Haley Barbour, the recently-recently retired governor of Mississippi, has created a controversy with his decision to pardon nearly 200 of the state’s convicts. And the now former governor said he stands by his decision.
Barbour said Friday he’s “very comfortable” with his decision to grant pardons or other clemency to the convicts in his last days in office.
Explaining that Mississippi is a Christian state, Barbour said it was important for him to act with compassion toward the convicts.
“I believe in second chances and I try hard to be forgiving,” Barbour said. “I am very comfortable and totally at peace with these pardons.” He added that he is “fully confident the pardons and other clemency I have given are all valid.”
Dukakis was a idiot, he let a murder loose on the streets.
It doesn't take a "rocket scientist" to figure out who's funneling millions of dollars into Romney's PAC?
You have proof of tax evasion?
[h=1]
Wow! I mean, just wow! The only electable GOP candidate had a Swiss Bank account.
Of course, Fox News will now embrace all things European. Freedom Fries will now be called, get this... French Fries!!
And right about now, Warren Buffett is saying, "14%, damn! Who does his taxes?"
They should hand out Swiss Cheese and Chocolate before the state of the union, tonight.
I really hate Romney, but how does he paying the taxes that the law requires make him an asshole? There are far better reasons to hate Romney than that.
I have a Swiss bank account, am I a criminal or robbing America? Maybe I just like having my money in a stable country with a stable economy.
So you hate America? Why are you so anti-American since you dont trust your own country and your own country's banks? You are not very patriotic are you now... tsk!
And yes the same can be said of Romney.
Romney's Swiss Bank Account Is a Gift for Democrats
Wow! I mean, just wow! The only electable GOP candidate had a Swiss Bank account.
Of course, Fox News will now embrace all things European. Freedom Fries will now be called, get this... French Fries!!
And right about now, Warren Buffett is saying, "14%, damn! Who does his taxes?"
They should hand out Swiss Cheese and Chocolate before the state of the union, tonight.
So you hate America? Why are you so anti-American since you dont trust your own country and your own country's banks? You are not very patriotic are you now... tsk!
And yes the same can be said of Romney.
They're ALL rich. Every last one of them.
Now why it matters is beyond me.