Birthers vs Returners

The 14% tax rate is already bad enough for people who care about the issue.

America chose to embrace free trade and globalism. It is a choice we have to live with and it brought benefits and it also had costs. In order to thrive we must be competitive. To be competitive we have to be realistic and see that our tax structures have to work in a global economy. Business isn't evil, it is us. Capital isn't evil, it is the foundation of business.

And the economy isn't a fixed pie that we have to fight each other over. Its just dumb to desire a tax system that would make the country less competitive because it would make the economic pie smaller for all Americans, except the rich, who have the option to simply shift to more business friendly countries. All major American corporations are for all intents and purposes multinationals and so are wealthy people. Don't drive them off.

Free trade has knocked the world economy off balance. This was inevitable due to the vastly differing levels of living. Manufacturing was always going to shift to countries with low labor costs. It just happened faster than the economies of developed countries could adjust for. This is the core reason we have low growth and high unemployment. A crisis was always going to come. Politicians always fail to protect the people from the consequences of market cycles.

We need tax reform, but not for fairness. We need tax reform to allow our economy to recover and begin to grow. We have to create an environment that is attractive to business creation here. That will increase the economic pie domestically. Raising capital gains rates here will just mean that capital will be deployed elsewhere. That means fewer jobs here and more jobs out of the country.

This ain't complicated.
 
Lowering capital gains tax rates resulted in lower domestic business investment. Maybe raising them again will increase it. Lowering them more will just lower domestic business investment still further.
 
Moral? He is either legal or not. I can't fathom how morality comes into play. Unless you want to make the case that he was immoral if it turns out he paid more than he was supposed to.

I would have a problem with voting for a guy who paid one red cent more than he absolutely had to.

I would have a problem with voting for a guy who failed to use every legal dodge, loophole and hook he could to reduce his tax.

But I don't know that morality should be dragged in. Its probably moral to pay taxes.

At the end of the day, Mitt is hiding all that money he gave to the Mormon church. Probably tens of millions if not hundreds of millions.

You don't think morality is important for electing a President?

As for giving money to the church, everyone knows that he gives them a pile of money (the Church requires him to pay them 10%). If the church is the reason to not release his tax returns it is far more likely that he didn't give enough and doesn't want to face sanctions and a rather large bill from them (and another point for social conservatives to question his faith and reliability).


Where do you think Reid got the info? Obviously he is confident enough in his source to know that Romney can't refute it.

I disagree. Reid doesn't stand to lose much if Romeny releases his tax returns and shows him to be wrong. He has four more years until his next election and everyone will forget about this long before then. And he stands to gain a few chips from Democrats for putting himself out there and creating even worse rumours around Romney.
That said, I could very well see Reid's source telling the turth, but having been lied to by Romney exaggerating his prowess to get their investment.
I can believe Romney told investors he did not pay taxes for 10 years and believe that he paid at a very low rate (below the 14% he released), but I do not believe he paid none.

If Romney drops those returns its going to show massive charitable giving (probably) that will make Obama look very bad in comparision.
Except for all of that "charitable giving" going to the Mormon Church likely won't help him with any demographic (except Mormons).
 
Obama better watch out what he wishes for. If Romney drops those returns its going to show massive charitable giving (probably) that will make Obama look very bad in comparision. In fact, Romney might be roping the dope.
Showing massive amounts going to what many consider a cult is not going to be helpful.
 
I still don't know why on Earth it matters that Romney doesn't release his tax returns. Yeah, you could argue that it points to a candidate's morality, but why do we need a few numbers on a piece of paper to tell us if he's right for office? Unless he has some huge scandal we don't know about, does it really matter?

I suspect the reason he does not release it is not some scandalous criminal activity, but instead, that it is shocking when you look at the tax return of a very wealthy individual and discover how little (relatively speaking) they can get away with paying in taxes, and how they can do it. The manner in which he can do this might look...unseemly.

The Obama Super PACs (not Obama himself, of course...) could have a field day with that info as it fits the theme of the day. I.e., rich are getting richer and poor are getting poorer, look at how the 1% manipulate the system, et cetera.* Romney's whole game plan is that he is a job creating business God, and that bad economic numbers will eventually tank Obama's campaign. So under his political calculus, he loses more by releasing tax returns that will add fuel to Obama's nudge & wink campaign that Romney is simply a money hoarding outsourcing weirdo, as opposed to just taking the heat for not releasing them and relying on John McCain to assure us all that there is nothing to see here, move along.

*Not that Obama's economic policies (that is, Geithner's economic policies) have done wonders for the working class as opposed to being gifts to Wall Street CEOs, but I digress...

edit: looks like this was already said more or less... nothing to see here, move along!
 
Does anyone find it likely that (if) Romney in fact paid no or very little taxes that someone in the IRS will leak it to the press?
 
I think Congressmen making bones about others not releasing theirs returns should.

You being a fellow hypocrite with Ried though, I guess you couldn't help but try to defend him.

Balls in your court Patroklos

1827d12e_f8714a20e99a82a3c6_6zm6bnf4r.jpeg
 
Does anyone find it likely that (if) Romney in fact paid no or very little taxes that someone in the IRS will leak it to the press?

No one from the IRS could prove Romney's tax status without losing their job and risking a prison sentence. Anyone doing so anonymously would not be believed.
 
Wikileaks/Anonymous? That'd be hilarious!
 
Birtherism is so yesterday. Today the focus is on the likelyhood that Obama's education at Columbia was funded because he attended the school as a foreign exchange student, that he failed to attend classes and complete his work because he was perpetually high, and that liberal friends with connections at the university fixed and manufactured his academic record.

Which is consistent with Obama's recent efforts to ensure that minorities students disclipline records in public schools be made equivalent to non minorities, by executive fiat.

Equality of outcome. End of merit.
 
Birtherism is so yesterday. Today the focus is on the likelyhood that Obama's education at Columbia was funded because he attended the school as a foreign exchange student, that he failed to attend classes and complete his work because he was perpetually high, and that liberal friends with connections at the university fixed and manufactured his academic record.
So you're saying now that birtherism has been exposed as the desperate lie it was, you have to start making up new complaints about about Obama to keep up your indignation?

Sounds about right :rolleyes:
 
Birtherism is so yesterday. Today the focus is on the likelyhood that Obama's education at Columbia was funded because he attended the school as a foreign exchange student, that he failed to attend classes and complete his work because he was perpetually high, and that liberal friends with connections at the university fixed and manufactured his academic record.
Yep, the loonies have found a new hottie to keep their right wrist in shape. Never mind that Obama's Harvard Law grades indicate that he was a very competent student.
 
Or the fact that when he talks, he sounds more articulate and wise than a sitting Senator and war veteran in his 70s.

Not a whole lot of slackers who get high all the time can do that.
 
To be quite honest I'd have no problem at all voting for someone who used recreational 'drugs'. I see no difference between that and alcohol.

I trust that far more than someone who believes in magic.
 
People voted for Bush even though he was an admitted alcoholic in recovery.
For many people, alcohol isn't a drug.
 
Back
Top Bottom