Skip to main content

View Diary: Headlines you won't see in 2012: 'Income tax returns for last 12 years revealed by Romney' (56 comments)

Comment Preferences

  •  Which, of course, is why he should release them: (0+ / 0-)

    to show "would only amplify the fact that he's a plutocrat who thinks that things like paying taxes and sacrificing for the common good are burdens for the little people and not for the Romneys."

    After all, he IS running for President, for pete's sake.

    BTW, Romney is hiding that he is a tax cheat.  It doesn't have to be illegal to be cheating.

    •  chris, yes you do have to be illegal to cheat (0+ / 0-)

      Cheating on your taxes specifically means not following the code, which is a violation of the law. Using every possible means, within the current code, to lower your taxes is not cheating in any way. There is a great quote from a progressive appellate court federal judge on this specific point. When I arrive home I'll add it as another comment. His major point is that there is no such thing as a moral duty to pay one penny more than the law requires, and I agree.

      "let's talk about that"

      by VClib on Wed Jan 18, 2012 at 02:51:26 PM PST

      [ Parent ]

    •  chris - a famous quote on taxes (0+ / 0-)

      This quote is taken from an opinion written by Federal Appeals Court Judge Learned Hand, a progressive and one of the most respected and quoted federal judges of all time. It goes to your statement that you can be a tax cheat without breaking the law. That is not true as Judge Hand so eloquently states.

      "Anyone may arrange his affairs so that his taxes shall be as low as possible; he is not bound to choose that pattern which best pays the Treasury. There is not even a patriotic duty to increase one's taxes. Over and over again the courts have said that there is nothing sinister in so arranging affairs to keep taxes as low as possible. Everyone does it, rich and poor alike. and all do it right for nobody owes any public duty to pay more than the law demands."

      Gregory v Halvering
      69F.2d
      Judge Learned Hand
      US Court of Appeals

      "let's talk about that"

      by VClib on Wed Jan 18, 2012 at 04:12:10 PM PST

      [ Parent ]

      •  U both confuse legality with morality. Cheating (0+ / 0-)

        has 2 meanings.  See, 10 Commandments.
        Its a common error amojng us lawyers. :)

        Regardless of legalties,  Wallstreet M. Robot tax manipulation wa/is unfair: he did not pay his fair share.  We unfairly paid more because of that.  It was/is immoral. Indeed, under the precepts of his religion, it was sin.

        He's a tax cheat.  And most voters understand that.

        Also, until he releases all his returns (or at least to 2000) why assume its all legal and above aboard?  Indeed, under Thug standards made famous by their darling T-vangilists his failure to produce all his original, stamped, long-form tax returns proves hes not only a tax cheat but a robot built from spare Pirates of the Carribean parts. :)

        Oh, and speaking of pirates... stop calling it 'inestment banker' or 'corporate raider'.  He's a pirate.  He waylaid and boarded sound businesses on the seas of high finance and stripped them down to the hull for booty.

        •  Chris I don't agree (0+ / 0-)

          I am with Judge Hand on this one, no one has a legal, moral, or patriotic duty to pay more than the current law requires.

          "let's talk about that"

          by VClib on Wed Jan 18, 2012 at 05:27:31 PM PST

          [ Parent ]

          •  So ur against raising rates on the rich? U think (0+ / 0-)

            15% for folks like Robot and 35% for struggling famileis is fair? Moral? Srsly?

            As i said, you need to think outside the legal box.  This is politics.  Not a courtroom.

            •  I do favor raising rates on high income earners (0+ / 0-)

              I just don't think anyone has any obligation to pay more than the law requires. The key is changing the tax laws.

              "let's talk about that"

              by VClib on Wed Jan 18, 2012 at 06:15:25 PM PST

              [ Parent ]

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site