Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

  1. You have chosen to ignore posts from beKool. Show beKool's posts

    Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    WASHINGTON -- Mitt Romney sought and received $787,455 in foreign tax credits from the U.S. Treasury to cover his tax payments to other nations in 2008.

    While there is no evidence that his actions violated the law, abuse of the foreign tax credit has been a problem for the Internal Revenue Service. The agency has prosecuted a number of international fraud cases in the last few years involving such credits. And the size of Romney's claim in 2008 raises questions about the sources of his foreign income.

    "This could definitely be a contributing reason for Romney's unwillingness to disclose prior years' returns," said New York University School of Law professor Daniel 

    http://www.huffingtonpost.com/2012/08/20/mitt-romney-foreign-tax-credit_n_1812507.html?utm_hp_ref=politics

     
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    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    In Response to Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense:
    WASHINGTON -- Mitt Romney sought and received $787,455 in foreign tax credits from the U.S. Treasury to cover his tax payments to other nations in 2008. While there is no evidence that his actions violated the law, abuse of the foreign tax credit has been a problem for the Internal Revenue Service. The agency has prosecuted a number of international fraud cases in the last few years involving such credits. And the size of Romney's claim in 2008 raises questions about the sources of his foreign income. "This could definitely be a contributing reason for Romney's unwillingness to disclose prior years' returns," said New York University School of Law professor Daniel   http://www.huffingtonpost.com/2012/08/20/mitt-romney-foreign-tax-credit_n_1812507.html?utm_hp_ref=politics
    Posted by beKool


    First question, is it legal?

    Secondly Romney likely paid 10-15 million in taxes for the same period.

    Did you pay 10-15 million? Did Obama or Biden?

    The richest 10 percent pay 60 percent of the annual US Income Tax revenue.

    Rich people pay the freight for all of us.

    Obama standing up for the little guy making the evil rich, big business and wall street pay their fair share. As if they haven't. You have to be pretty dumb not to see through these fear tactics for votes.

    The left and Obama continue to demonize the rich, to demagogue Romney's income tax records because they can't talk about the fact that Obama not has passed a federal budget since he has been President.

    The first President to NEVER pass a federal budget his first 4 years in office and with a Democrat fillibuster proof majority in both houses of congress his first two years.

    Talk about that.

    850 billion dollars borrowed from Red China for his stimulus where are the jobs Obama????
     
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    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

     If the agency has investigated similiar cases it doesn't mean a thing. Only if the agency investigates Romney, which it would've started long ago, does this become an issue. 
     Again, you're complaining that someone learned how to take max advantage of the tax system. This makes no sense. Why would you complain that someone figured out how to pay the minimum to the IRS (which, incidentally, is still more than anyone reading this would make in a lifetime)? You should be cheering, not jeering.
     
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  6. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    So you kids like the fact that your boy enriches a foreign government instead of his own.
     
  7. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense:
    In Response to Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense : First question, is it legal? Secondly Romney likely paid 10-15 million in taxes for the same period. Did you pay 10-15 million? Did Obama or Biden? The richest 10 percent pay 60 percent of the annual US Income Tax revenue. Rich people pay the freight for all of us. Obama standing up for the little guy making the evil rich, big business and wall street pay their fair share. As if they haven't. You have to be pretty dumb not to see through these fear tactics for votes. The left and Obama continue to demonize the rich, to demagogue Romney's income tax records because they can't talk about the fact that Obama not has passed a federal budget since he has been President. The first President to NEVER pass a federal budget his first 4 years in office and with a Democrat fillibuster proof majority in both houses of congress his first two years. Talk about that. 850 billion dollars borrowed from Red China for his stimulus where are the jobs Obama????
    Posted by ThatWasMe


    "Rich people pay the freight for all of us."

    That's the point the left doesn't get.  And, it is not only in taxes that the rich pay the freight.  Chances are that many of the jobs of posters here is paid for or enable by investments made by these same rich people:  their success is our success.

    The left feels we can get by without rich people, and seek to confiscate their wealth and redistribute it worldwide.  That's day one.  So, day two, who pays for you to go to work?

    The golden goose will have been killed.
     
  8. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense:
    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense : "Rich people pay the freight for all of us." That's the point the left doesn't get.  And, it is not only in taxes that the rich pay the freight.  Chances are that many of the jobs of posters here is paid for or enable by investments made by these same rich people:  their success is our success. The left feels we can get by without rich people, and seek to confiscate their wealth and redistribute it worldwide.  That's day one.  So, day two, who pays for you to go to work? The golden goose will have been killed.
    Posted by skeeter20


    Get off your knees kid .
     
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    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense



       WRONGNEY, EXCUSE ME ROMNEY!,...IS EXACTLY WHAT IS WRONG WITH THIS COUNTRY!!!
     
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  13. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense:
    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense : Get off your knees kid .
    Posted by beKool



    Hey, at least Mitt earned the money.  Obama is enriching foreign governments with our money, and he didn't even earn it.
     
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  15. You have chosen to ignore posts from beKool. Show beKool's posts

    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense:
    In Response to Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense : Seems like you do too Gramps: I'm sure we will see the liberal contingent of the media examine this record and debate whether or not Obama is a hypocrite for demanding higher taxes while he takes every deduction he can???
    Posted by Newtster


    Thanks for shopwing Obama paid a higher percentage in taxes than your rich boy.
     
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  17. You have chosen to ignore posts from skeeter20. Show skeeter20's posts

    Re: Mitt Romney Taxes Enriched Foreign Governments At U.S. Expense

    The liberal responses here are telling.  They set up a system where people are supposedly able to be successful, and when they are, they complain.

    It just isn't fun this way, is it?
     
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