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Open Discussion Discuss If Romney Pays all his Taxes Why Have a Swiss bank Account at the General Forum; Originally Posted by Mikeyy Wow, you sure linked a lot of irrelevant stuff together. You have a bunch of stuff ...

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  #191 (permalink)  
Old 07-12-2012, 02:04 PM
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Talking Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

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Originally Posted by Mikeyy View Post
Wow, you sure linked a lot of irrelevant stuff together. You have a bunch of stuff wrong but I guess it doesn't matter. Vote for Romney. I'll cancel your vote for ya.
The information on Nancy Pelosi and Debbie Wasserman Schultz (who happens to be my district's Congresswoman), is accurate and reported in the news two days ago, along with two major White House staffers who have Cayman offshore accounts.

What can possibly be necessary about the "Fast and Furious" investigation that requires the President invoke Executive Privilege to keep it from coming to light.

As a candidate, Mr. Obama promised he would operate the most transparent administration in American history. You don't see a problem here? Big Democrat's going after Romney in attack mode, guilty of exactly the same thing they are accusing him of.....

Yes - I would like to read both Mr. Obama's and Mr. Romney's college thesis' because it would be very interesting to see what their hopes, ideas and politics were when they were younger.

As far as releasing tax returns, it is not a requirement for a candidate running for President. You know why the Democrats want him to do it, to prove he was at Bain and than accuse him of outsourcing jobs from America. Lets see, the President's Job Czar was guilty of moving at least 100,000 manufacturing jobs outsourced to Asia while in private industry.

Because he can't run and defend his record, particularly on the economy of jobs creation, the President is going to run a campaign of attack against Mr. Romney, as a Republican job destroyer, when in fact the President's own policies have been the major contributor to the ongoing recessing in effect ever since he took office.

Tic for tack - and you don't know who I will be voting for in November, LOL.
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  #192 (permalink)  
Old 07-12-2012, 02:14 PM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

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Originally Posted by StanFan View Post
The information on Nancy Pelosi and Debbie Wasserman Schultz (who happens to be my district's Congresswoman), is accurate and reported in the news two days ago, along with two major White House staffers who have Cayman offshore accounts.

What can possibly be necessary about the "Fast and Furious" investigation that requires the President invoke Executive Privilege to keep it from coming to light.

As a candidate, Mr. Obama promised he would operate the most transparent administration in American history. You don't see a problem here? Big Democrat's going after Romney in attack mode, guilty of exactly the same thing they are accusing him of.....

Yes - I would like to read both Mr. Obama's and Mr. Romney's college thesis' because it would be very interesting to see what their hopes, ideas and politics were when they were younger.

As far as releasing tax returns, it is not a requirement for a candidate running for President. You know why the Democrats want him to do it, to prove he was at Bain and than accuse him of outsourcing jobs from America. Lets see, the President's Job Czar was guilty of moving at least 100,000 manufacturing jobs outsourced to Asia while in private industry.

Because he can't run and defend his record, particularly on the economy of jobs creation, the President is going to run a campaign of attack against Mr. Romney, as a Republican job destroyer, when in fact the President's own policies have been the major contributor to the ongoing recessing in effect ever since he took office.

Tic for tack - and you don't know who I will be voting for in November, LOL.
This thread is about Roimney's offshore accounts. When you want to discuss that let me know. Your accusations about Shultz and Pelosi are 1. not the same thing. they don't have offshore businesses or Swiss accounts. 2. They aren't running for President. If I were you I wouldn't vote for them.
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  #193 (permalink)  
Old 07-12-2012, 02:26 PM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

Am I supposed to give a **** where romney banks?
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  #194 (permalink)  
Old 07-12-2012, 02:28 PM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

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Am I supposed to give a **** where romney banks?
No, You aren't so go find something else to do
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  #195 (permalink)  
Old 07-12-2012, 02:56 PM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

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Originally Posted by Mikeyy View Post
This thread is about Roimney's offshore accounts. When you want to discuss that let me know. Your accusations about Shultz and Pelosi are 1. not the same thing. they don't have offshore businesses or Swiss accounts. 2. They aren't running for President. If I were you I wouldn't vote for them.
Thanx - You're right - Pelosi and Wasserman-Schultz don't have offshore business accounts in the Cayman's, they have private banking accounts in the Cayman's, thank you for correcting me Mikeyv.......

Meanwhile, this thread is, of course, about politics, and things that will be used against Governor Romney by Democrats and President Obama by Republican's. We can't separate the intent of the thread by focusing on the particular's. As he said, should anybody really care where Gov. Romney banks? So, if anybody does, we should also care where the major Democratic power brokers, Pelosi and Wasserman-Schultz bank. If they all banked at Bank of America, it wouldn't even be an issue......
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Old 07-12-2012, 02:58 PM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

Are we going to see any evidence or wrong-doing before this thread hits thirty pages?

I am putting $50 down on "no."
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  #197 (permalink)  
Old 07-12-2012, 03:14 PM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

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Are we going to see any evidence or wrong-doing before this thread hits thirty pages?

I am putting $50 down on "no."
Do you see any wrong doing by Holder? No, but how many threads and pages are there on that? Romney is now lying about when he left bain. We know he continued to be paid after he said he left but you trust all these accounts are on the up and up? Amazing. I didn't ever say there was a crime. I said it was suspicious.
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Old 07-15-2012, 06:20 AM
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Default Re: If Romney Pays all his Taxes Why Have a Swiss bank Account

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I feel about like Mr. Krugman does regarding Mr. Romney's evasiveness or reluctance to release any more info about his finances.

He has run for public office before, as his dad did also. He knows what records are expected to be released and why.

Here's Krugman's thoughts on the matter:

http://www.nytimes.com/2012/07/09/op...=3&ref=opinion



Once upon a time a rich man named Romney ran for president. He could claim, with considerable justice, that his wealth was well-earned, that he had in fact done a lot to create good jobs for American workers. Nonetheless, the public understandably wanted to know both how he had grown so rich and what he had done with his wealth; he obliged by releasing extensive information about his financial history.

But that was 44 years ago. And the contrast between George Romney and his son Mitt — a contrast both in their business careers and in their willingness to come clean about their financial affairs — dramatically illustrates how America has changed.

Right now there’s a lot of buzz about an investigative report in the magazine Vanity Fair highlighting the “gray areas” in the younger Romney’s finances. More about that in a minute. First, however, let’s talk about what it meant to get rich in George Romney’s America, and how it compares with the situation today.

What did George Romney do for a living? The answer was straightforward: he ran an auto company, American Motors. And he ran it very well indeed: at a time when the Big Three were still fixated on big cars and ignoring the rising tide of imports, Romney shifted to a highly successful focus on compacts that restored the company’s fortunes, not to mention that it saved the jobs of many American workers.

It also made him personally rich. We know this because during his run for president, he released not one, not two, but 12 years’ worth of tax returns, explaining that any one year might just be a fluke. From those returns we learn that in his best year, 1960, he made more than $660,000 — the equivalent, adjusted for inflation, of around $5 million today.

Those returns also reveal that he paid a lot of taxes — 36 percent of his income in 1960, 37 percent over the whole period. This was in part because, as one report at the time put it, he “seldom took advantage of loopholes to escape his tax obligations.” But it was also because taxes on the rich were much higher in the ’50s and ’60s than they are now. In fact, once you include the indirect effects of taxes on corporate profits, taxes on the very rich were about twice current levels.

Now fast-forward to Romney the Younger, who made even more money during his business career at Bain Capital. Unlike his father, however, Mr. Romney didn’t get rich by producing things people wanted to buy; he made his fortune through financial engineering that seems in many cases to have left workers worse off, and in some cases driven companies into bankruptcy.

And there’s another contrast: George Romney was open and forthcoming about what he did with his wealth, but Mitt Romney has largely kept his finances secret. He did, grudgingly, release one year’s tax return plus an estimate for the next year, showing that he paid a startlingly low tax rate. But as the Vanity Fair report points out, we’re still very much in the dark about his investments, some of which seem very mysterious.

Put it this way: Has there ever before been a major presidential candidate who had a multimillion-dollar Swiss bank account, plus tens of millions invested in the Cayman Islands, famed as a tax haven?

And then there’s his Individual Retirement Account. I.R.A.’s are supposed to be a tax-advantaged vehicle for middle-class savers, with annual contributions limited to a few thousand dollars a year. Yet somehow Mr. Romney ended up with an account worth between $20 million and $101 million.

There are legitimate ways that could have happened, just as there are potentially legitimate reasons for parking large sums of money in overseas tax havens. But we don’t know which if any of those legitimate reasons apply in Mr. Romney’s case — because he has refused to release any details about his finances. This refusal to come clean suggests that he and his advisers believe that voters would be less likely to support him if they knew the truth about his investments.

And that is precisely why voters have a right to know that truth. Elections are, after all, in part about the perceived character of the candidates — and what a man does with his money is surely a major clue to his character.

One more thing: To the extent that Mr. Romney has a coherent policy agenda, it involves cutting tax rates on the very rich — which are already, as I said, down by about half since his father’s time. Surely a man advocating such policies has a special obligation to level with voters about the extent to which he would personally benefit from the policies he advocates.

Yet obviously that’s something Mr. Romney doesn’t want to do. And unless he does reveal the truth about his investments, we can only assume that he’s hiding something seriously damaging.
1 + 2 = 6. Where was Mr. Krugman in 2008 when Obama was a complete unknown and all the MSM refused to even question his credentials? Rev. Wright, Ayres and all the other racists, socialists he was associated with and not a whimper from Krugman. How can we take anything this guy says seriously?
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