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Reid may have told the truth, but there is a caveat

nota bene said:
You don't speak for all Americans, and it's apparently not true that no Americans trust him.
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Where did I ever say that I speak for ALL Americans? What I am saying is that a lot of people don't trust Mr. Etch a Sketch and for good reason. You can't really know where he stands on any issue, because he flip flops all the time. The man has serious integrity issues and a lot of the electorate are beginning to question whether he can be honest with the American people.
 
danarhea said:
The left is now pouring it on the Romney campaign, over his taxes, and claim they now know who Harry Reid's "deep throat" is.... John Huntsman Sr, according to New York magazine. However, although Reid may have told the truth about having an insider saying that Romney didn't pay taxes, he may still be wrong. And if his source was indeed John Huntsman Sr, it is a very dicey source at best, because, as it turns out, there is bad blood between Romney and Huntsman Sr.

Huntsman wanted his son, John Huntsman Jr, to head the Salt Lake Olympics, which led to a huge rift within the selection committee itself. The bad blood stems from the decision to elect Romney instead of Huntsman Jr.

So was Harry Reid telling the truth? Probably. Was Harry Reid being ethical? Hell no. Using a source that has a grudge against your target is generally not going to yield the truth, but will generally lend a perception of bias and hackery. Harry Reid has gone out on a limb in using Huntsman Sr to back his claim, and if he is not careful, this could blow up in his face in a big way. And, if Romney did indeed pay his taxes instead of using loopholes, this is probably exactly what he wants. As I said before, Romney didn't get to where he is now without some cold hard calculations, and Romney is someone who uses calculated logic in every move he plans.

So, is Reid about to rat**** the Democrats in 2012? There is one way to find out. Release your taxes, Mitt, and lets put all this speculation to an end.
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I could have guessed that the guy who called Reid didn't like Romney.

I think Romney paid some tax most of those years, but the amount he paid, the percentage of his income (salary + investments) would crush his chances of ever being President.

So, while 'no taxes' might not be true-- we often say things like "you can purchase that for a song" or "it'll cost you next to nothing"... That's how I'm reading this.

That tax code is rigged against the middle and lower class, and it's time to have that conversation.

This country grew by leaps and bounds when the upper income tax was 50% ++ -- we were prosperous, companies hired new people, and the wealthy supported the system they benefited from.
 
disneydude said:
Where did I ever say that I speak for ALL Americans? What I am saying is that a lot of people don't trust Mr. Etch a Sketch and for good reason. You can't really know where he stands on any issue, because he flip flops all the time. The man has serious integrity issues and a lot of the electorate are beginning to question whether he can be honest with the American people.
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LOL!!!

Isn't the phrase "a lot" wonderful? Almost as good as "many". Both of them allow one to imply a large number...without needing to establish any basis for such implications.
 
Mycroft said:
LOL!!!

Isn't the phrase "a lot" wonderful? Almost as good as "many". Both of them allow one to imply a large number...without needing to establish any basis for such implications.
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Take a look at Willard's "negative" numbers and how much they have grown during the last month. This will give you an indication.
 
If there was anything illegal in romney's taxes the IRS would have found it. people in that income bracket are audited every year.

does anyone have any information about an IRS case against Romney? if not, move on, this is a non-issue.
 
AdamT said:
Yep, by making so little money that you scarcely owe any taxes you are really gaming the system. ;)
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I'm surprised that Conservatives and TPs support this type of gaming the system and getting an unfair advantage.

Most Conservative are against people renouncing their citizenship to get out of taxes, but moving money out of U.S. banks is okay I guess.
 
disneydude said:
Take a look at Willard's "negative" numbers and how much they have grown during the last month. This will give you an indication.
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ok mickey, we know that you want more obama socialism, we get it, you are an obamabot. the liberal state of california is going broke but you fools keep asking for more of the same at the national level, its insane.
 
hazlnut said:
I'm surprised that Conservatives and TPs support this type of gaming the system and getting an unfair advantage.

Most Conservative are against people renouncing their citizenship to get out of taxes, but moving money out of U.S. banks is okay I guess.
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If there was anything illegal in romney's taxes the IRS would have found it. people in that income bracket are audited every year.

does anyone have any information about an IRS case against Romney? if not, move on, this is a non-issue.

BTW, how is compliance with the tax code "getting an unfair advantage"?
 
danarhea said:
The left is now pouring it on the Romney campaign, over his taxes, and claim they now know who Harry Reid's "deep throat" is.... John Huntsman Sr, according to New York magazine. However, although Reid may have told the truth about having an insider saying that Romney didn't pay taxes, he may still be wrong. And if his source was indeed John Huntsman Sr, it is a very dicey source at best, because, as it turns out, there is bad blood between Romney and Huntsman Sr.

Huntsman wanted his son, John Huntsman Jr, to head the Salt Lake Olympics, which led to a huge rift within the selection committee itself. The bad blood stems from the decision to elect Romney instead of Huntsman Jr.

So was Harry Reid telling the truth? Probably. Was Harry Reid being ethical? Hell no. Using a source that has a grudge against your target is generally not going to yield the truth, but will generally lend a perception of bias and hackery. Harry Reid has gone out on a limb in using Huntsman Sr to back his claim, and if he is not careful, this could blow up in his face in a big way. And, if Romney did indeed pay his taxes instead of using loopholes, this is probably exactly what he wants. As I said before, Romney didn't get to where he is now without some cold hard calculations, and Romney is someone who uses calculated logic in every move he plans.

So, is Reid about to rat**** the Democrats in 2012? There is one way to find out. Release your taxes, Mitt, and lets put all this speculation to an end.
Click to expand...

Why is the onus on Romney and not Reid?
 
Bobcat said:
ok mickey, we know that you want more obama socialism, we get it, you are an obamabot. the liberal state of california is going broke but you fools keep asking for more of the same at the national level, its insane.
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Look at Romney's negative numbers and polling on "trust" issues. Its obviously more than California that see Romney as a flip flopper and someone that they just don't trust. His hiding of his tax records doesn't help him in this regard.
 
disneydude said:
Look at Romney's negative numbers and polling on "trust" issues. Its obviously more than California that see Romney as a flip flopper and someone that they just don't trust. His hiding of his tax records doesn't help him in this regard.
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the liberal media campaign against Romney is working. I accept that. Is that really how you think elections should be decided in the USA? by a biased media?
 
his tax sheltering doesn't matter. what does matter is that he is claiming that staying the course with trickle down will finally start working for the middle class, and he has made some hawkish statements about other superpowers hat won't be forgotten if he's elected.
 
Reid's staff can't even decide on a description:

One of Harry Reid's top aides let slip some information on Reid's source to his 'Romney hasn't paid taxes in a decade' charge, but it was only a matter of time before he backtracked on all the juicy information he gave up.

Reid aide Jose Parra gave an interview to Mario Solis-Marich on KTLK’s Diverse LA program, when he revealed that Harry Reid's Bain source was a Republican, and a long-term Bain investor. You can hear the most important quotes in this audio clip the show provided to the Huffington Post. Or you can read them here:

“This person is an investor in Bain Capital, a Republican also, and somebody who has been dealing with Romney’s company for a long, long time and he has direct knowledge of this,” said Reid aide Jose Parra, referring to Romney’s tax returns.

We don't know what happened in between the show's air time and about 7 p.m. this evening, but Parra emailed Huff Po and backtracked all of the new information he offered during his interview:

"I do not know the party affiliation of the source, how long he invested with Bain, or his relationship to Romney beyond the fact that he was an investor with Bain Capital, as Senator Reid has previously stated."
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Reid Aide Fumbles Info About His Romney Tax Source - Politics - The Atlantic Wire

And it's up to Romney to prove himself?
 
AdamT said:
Yep, by making so little money that you scarcely owe any taxes you are really gaming the system. ;)
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The last time my effective rate was over 4%, I made in excess of $100K a year.
 
Bobcat said:
the liberal media campaign against Romney is working. I accept that. Is that really how you think elections should be decided in the USA? by a biased media?
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It's only working on the weak minded. The American Idol voters that primarily make up the cult of Hope and Change army.

Carter was up over Reagan by double digits at this point in their election. Romney is up or dead even with Obama in several polls. If Obama didn't have the MSM firmly in his back pocket as his personal propaganda ministry, it would be much worse. If the American Public re-elect a failure who's added 5 trillion in new debt with projected deficits as far as the eye can see, while sitting at 15% Real Unemployment, the country is already lost.
 
disneydude said:
Look at Romney's negative numbers and polling on "trust" issues. Its obviously more than California that see Romney as a flip flopper and someone that they just don't trust. His hiding of his tax records doesn't help him in this regard.
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Replace Romney with Obama. Replace California with Texas. Replace tax records with Fast and Furious documents. See how that works?

Difference: F&F is actual policy. Tax records are personal. I care about policy. What someone does with their own money isnt my concern. What they do with mine definitely is.
 
Reid may be right as well...

I don't think there's ever been a time when Mitt Romney failed to file...

However, in the time when he was Governor of MA, he did not take a salary... So his income would've only come through investment... And his father died... When his father died he donated the entire inheritance to charity... which would've drastically dropped his AGI...

Is there a possiblity that Romney, when Governor of MA may have paid nothing or a really low percentage in taxes... maybe... was it done illegally, no... so it's still a non-issue...

Romney's wise with money... he has enough people to work on earning more money, and stop him from losing any of the existing wealth he earned... That's not a fault... that's a credit...

If he was able to finagle his way to paying 0% in taxes, that just further enhances his proof of an ability to manage finances... and thus further qualifies him for the job of managing the US Govt's finances...
 
tessaesque said:
I paid an effective rate of 3.5% last year. I think that's playing the system significantly better than Romney, who paid an effective rate over 15%.
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No you didn't. You payed 3.5% Fed, 4.2% SS, 1.45%Med, and your employer paid 6.2%s and 1.45% Medicare on your behalf. That gives you a net effective rate of 15.6%.

Romney paid 13.9% in combined federal taxes. 13.5% income and 0.4% payroll.
 
Mithros said:
No you didn't. You payed 3.5% Fed, 4.2% SS, 1.45%Med, and your employer paid 6.2%s and 1.45% Medicare on your behalf. That gives you a net effective rate of 15.6%.

Romney paid 13.9% in combined federal taxes. 13.5% income and 0.4% payroll.
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? If the company pays it, isnt it part of the companies costs and thus part of their effective rate? Its certainly their liability or expense to pay and penalties sure dont go to the employee!
 
Mithros said:
No you didn't. You payed 3.5% Fed, 4.2% SS, 1.45%Med, and your employer paid 6.2%s and 1.45% Medicare on your behalf. That gives you a net effective rate of 15.6%.

Romney paid 13.9% in combined federal taxes. 13.5% income and 0.4% payroll.
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Romney paid 2,800,000 in taxes in one year

How much do you think he paid?
 
Bronson said:
It's only working on the weak minded. The American Idol voters that primarily make up the cult of Hope and Change army.

Carter was up over Reagan by double digits at this point in their election. Romney is up or dead even with Obama in several polls. If Obama didn't have the MSM firmly in his back pocket as his personal propaganda ministry, it would be much worse. If the American Public re-elect a failure who's added 5 trillion in new debt with projected deficits as far as the eye can see, while sitting at 15% Real Unemployment, the country is already lost.
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I hope you are right.
 
OpportunityCost said:
? If the company pays it, isnt it part of the companies costs and thus part of their effective rate? Its certainly their liability or expense to pay and penalties sure dont go to the employee!
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The company pays it on your behalf. So it's like they pay you the money, and then you in turn pay it to the government. If you're self employed, you have to pay both the employee and employer portions.

Also, in this case it's money that you WOULD get from your employer. When they set your salary, they don't look at the number you get, they're looking at the number that they pay.

It's also a way to keep you from seeing how much you're really paying in taxes. Unlike income taxes which are at an all time low, payroll taxes were at an all time high (until Obama cut the employee rate from 6.2 to 4.2%)
 
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