View Poll Results: Should Harry Reid Resign?

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47. You may not vote on this poll
  • Of course, you can't lie about stuff like that if you are an elected US official

    22 46.81%
  • No, politicians lie all the time.

    16 34.04%
  • Nope, still don't believe Romney has ever paid taxes.

    9 19.15%
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Thread: Should Harry Reid Resign?

  1. #101
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    Muddy Creek's Avatar
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Mason66 View Post
    Do you give everything you are asked for evenif it is detrimental to you?

    Why should he show 10 years tax returns?

    This schoolyard mentality of "give it to us or we'll tell" is rediculous.

    He wants to be president. Why shouldn't he show ten years? 20 Years? What would it hurt?

    Ah, therein lies the reason why he won't.
    Alex Carey:

    ... the 20th century has been characterized by three developments of great political importance: The growth of democracy, the growth of corporate power, and the growth of corporate propaganda as a means of protecting corporate power against democracy.

    Australian social scientist, quoted by Noam Chomsky in World Orders Old and New

  2. #102
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Dion View Post
    It has not been debunked! In fact even on IRS forms in which Romney paid less than one third of the percentage that I paid as a full-time working nurse practioner ... it could be zero as he had hundreds of millions hidden offshore. What about the secretive forms from the ten years at Bain and where he invested the money he made while taking a slice of the pie to dismantle companies and jobs to make a handful of people uber wealthy?

    Proof Harry lied? No ...proof of Romney's secretive offshore financial record in which he boasts qualifies him him to be POTUS. No!

    I do not think Reid is perfect yet on many issues he is right on target! That was a bold move Reid pulled ... a boxing move ... now if Romneyy wants to open it up and 'prove" Reid lied ...well Reid would be the first to say Bring it on! Romney is a rich boy used to people placating him and Reid is a man.

    Nevada is such a bizarre state imho ... I am curious how it will go ... lots of Mormans. I only go to Nevada to bike in the canyons ... I hate Vegas.

    Former boxer and patriot ...Harry Reid is badass!

    Reid has less reason to resign than Romney!
    I don't think you know what the word "hidden" means.

  3. #103
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Dion View Post
    Yes, if I include federal, state and other taxes and I was including FICA I paid almost 39% of my income in taxes.

    Romney reports in one year to have paid 13% ...yet with hundreds of millions of hidden income his actual rate was much less.

    Hmmm I earn over 6 figures ... yet I would hardly use your semantics of uber-super-duper ultra rich to describe a person such as me. I work my ass off ...with a FT position and a consulting business as I have my masters in managing chronic disease. i hardly think of that as super uper duper ... it is simply work I love and I have a skill in case management that helps people struggling with complex medical issues and saves tax payer money.

    I like my work ...it is nothing glamourous or "uber super duper" nor am I rich ...yet I do fairly well supporting myself and my children.

    Now because we do not know exactly how much Romney pays ... I suspect my best guess that I pay 3 times the percentage of what he pays on his income is a gross understatement on my part.

    I am not sure what you find so difficult to believe ... a person with their masters in managing complex cases of chronic disease that can improve clinical outcomes and lower costs for the payor be it private or public is in demand.

    Super duper ... believe what you want ... you are sadly speaking on something you seem to know little about. It is actually irrelevant.
    Do you think you pay federal, state and other taxes and Romney doesn't.

    Why don't you figure in those other taxes and see where his actuall rate is like you are doing with yours.

  4. #104
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by obvious Child View Post
    When did Reid say that Romney committed fraud on the taxpayers? Last I checked, Reid said that through a variety of legal measures, Romney paid nothing. Not that Romney is a tax cheat. And the whole felon thing is largely on the disclosures to the Fed about his time at Bain. And that is somewhat questionable considering the legal statements given and Romney's equity interests.
    Reid said no such thing. He just said Romney paid no taxes.

  5. #105
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Muddy Creek View Post
    He wants to be president. Why shouldn't he show ten years? 20 Years? What would it hurt?

    Ah, therein lies the reason why he won't.
    Why should the dialog be about what he made inthe past 10 years instead of the presidents record?

    Romeny knows if he releases 10 years that the democrats, or as Obama always says the opposition, would use that to try to tear him apart on non-issues, thereby wasting the next 45 days until the election.

    He doesn't have time to talk about something that is none of your business.

    He has done nothing illegal, if he had the IRS would be allover him, so it is nobodys business what is in his tax returns.

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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Mason66 View Post
    I don't think you know what the word "hidden" means.
    .. or "badass"

  7. #107
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Thrilla View Post
    .. or "badass"
    True......

  8. #108
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Mason66 View Post
    If Romeny paid no taxes in those years that meant he had no income of any kind. If he had inclome and paid no taxzes the IRS would be all over him.
    Not really. He would only need zero gross ADJUSTED income. That is income minus deductions. He could have lost 15 mill in the stock market in 2008-9 for example.
    Waterhouse was very careful with the wording in the "letter". Apparently according to tax experts, the wording makes the document nearly worthless in deciphering the mysteries of the Romney's returns. It's all legal of course.

  9. #109
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by friday View Post
    What Matters in Romney's Tax Memo - Yahoo! Finance

    In an attempt to smear Mitt Romney, about two months ago United States Senator Harry Reid declared that he had inside knowledge that Mitt Romney had not paid any taxes for some of the years over the last decade. This has now been debunked. So the question is, if a United States senator lies about another American's income tax filings in an attempt to smear them, should that trusted member of civilized government be forced to resign?
    Actually not true. All you have is a representation letter, with vague representations. It is quite possible both the attorney representation and Reid's representations are each true. If Romney filed a return showing no tax owed, then he was audited, assessed and paid the assessment, each of the apparently conflicting statements would be true. Moreover, Reid only represented that he knew someone that knew the circumstance. If he were lied to, then he did not lie.

    In any case, this is simple politics, not lying and certainly not something one would resign over. Each campaign takes much broader license with the truth in their political ads...

    In the interim, we only have what we have; which is not the Romney tax return but a note from his mother saying its "ok".

    Quote Originally Posted by Mason66 View Post
    If Romeny paid no taxes in those years that meant he had no income of any kind. If he had inclome and paid no taxzes the IRS would be all over him.
    Also not true. Romney can have millions in income and not pay income taxes if he also recognizes large losses... Most of his income is in the form of carried interests on various partnerships which hold investments. Likely losses of operating companies are passed through to the shareholders. These losses can often be "created" through accelerated depreciation and transfer pricing (if the company is a multi-national). The partnerships can also write off your investment in a company when it is deemed worthless. The act of deeming something worthless is less than completely objective; the partners have some discretion in declaring an investment worthless and taking the write-off.
    Romney can have all kinds of paper losses that offset income and create a zero tax liability.

    Believe it or not, many of the 47% are millionaires...
    Last edited by upsideguy; 09-23-12 at 11:53 PM.

  10. #110
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    Re: Should Harry Reid Resign?

    Quote Originally Posted by Mason66 View Post
    Why should the dialog be about what he made inthe past 10 years instead of the presidents record?

    Romeny knows if he releases 10 years that the democrats, or as Obama always says the opposition, would use that to try to tear him apart on non-issues, thereby wasting the next 45 days until the election.

    He doesn't have time to talk about something that is none of your business.

    He has done nothing illegal, if he had the IRS would be allover him, so it is nobodys business what is in his tax returns.
    Since you mentioned it we DON'T know if the IRS has been "all over " him or not. That is between the IRS and him. He has admitted to being audited and we do know he closed his Swiss account during an IRS "amnesty" period for persons with Swiss accounts hidden from the IRS. Could he have taken amnesty? Is that bad enough to take the heat about them he's been taking all these weeks? Unless there's something worse, Romney must think so.

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