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View Diary: Rolling Stone Magazine Exposes how Mitt Romney Dodged his Taxes (252 comments)

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  •  How about tax evasion to start? (2+ / 0-)
    Recommended by:
    elwior, madhaus

    Then we can move on to falsifying his SEC disclosures, his FEC financial statements.  I'm sure there's much more beyond that.  The man is a felon.  

    •  mamabigdot - what tax evasion? (0+ / 0-)

      Everything I have seen in public regarding Romney taxes appears to be aggressive, but legal. We don't know that his SEC disclosures are criminal violations or that his FEC financial statements are so false that they rise to the level of criminal activity. The SEC or the FEC aren't going to indict a high profile Republican on minor violations. People make mistakes on these all the time and the typical response from the agencies if to have them make corrections.

      "let's talk about that"

      by VClib on Sat Oct 13, 2012 at 06:48:33 PM PDT

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      •  typo - mamabigdog (0+ / 0-)

        my bad.

        "let's talk about that"

        by VClib on Sat Oct 13, 2012 at 06:49:34 PM PDT

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      •  Well, you just keep defending Romney (1+ / 0-)
        Recommended by:
        madhaus

        and his tactics to keep from paying taxes.  What a shame that you see this as a "minor violation" and a "mistake", rather than the obvious collusion to avoid paying his fair share that it is.  

        I happen to believe that any responsible governing agency should be looking into all of these issues and investigating them thoroughly.  And should charges be warranted, they should be brought to bear on Romney and others involved.  

        Enjoy election day.  

        •  mamabigdog - if Romney is violating tax laws (0+ / 0-)

          he should be prosecuted. However, that would be very unusual for a tax client of PWC. People like Romney hire high profile CPA firms to make sure they don't violate any laws while minimizing their tax liability.

          My view on taxes is stated in this quote by one of the most quoted and famous US judges of all time and a noted progressive:

          "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 as to keep taxes as low as possible. Everyone does it, rich and poor alike and all do right, for nobody owes any public duty to pay more than the law demands."

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

          I have always taken advantage of every legal tax benefit available to me. While my income and assets have been a small fraction of Romney's it would be hypocritical of me to be critical of Romney for doing the same. I agree with Judge Hand that there is no patriotic, moral, ethical, or legal reason to pay more than the law declares that you owe.

          There are lots of reasons to vote for President Obama and not Mitt Romney, but in my view his taxes aren't one of them.

          "let's talk about that"

          by VClib on Sat Oct 13, 2012 at 07:08:35 PM PDT

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          •  Not asking him to pay more (2+ / 0-)
            Recommended by:
            VClib, Shawn Russell

            Nor did I ask about your personal tax habits. You are not running for president.

            I couldn't care less who his CPA is. Your esteemed Judge is also not running for president. It is a shame for you to use the Judge's statements as a defense against Romney's tax choices being fully investigated. Using the false argument that I (or anyone else) is saying he should pay more than required to defend Romney from a call to investigate is even more pathetic.

            If you're so certain Romney is squeaky clean in all this, what harm comes of such an audit or investigation?  Perhaps you'll be proven right after all.  

            Or maybe I'm right and he's a tax evading felon. Either way, you can't prove either without an investigation.

        •  Most of the tax types on this blog (0+ / 0-)

          The technical types, will tell you that there is nothing known publicly that would lead any of to believe that he's done anything that amounts to criminal tax fraud.  He consistently takes the most aggressive positions on his taxes possible, but nothing illegal really.

          Distasteful?  Yes
          Amoral?  Yes
          Not rising to a level of someone who would be cheif tax adminsitrator?  Yes.

          Illegal?  Not from what's publicly available.

          You all may think that arises to defending Romney.  It isn't.  It's part of being in a reality based community.  

          •  Please see my response above (1+ / 0-)
            Recommended by:
            Shawn Russell

            Being part of a reality based community also means recognizing the consequences of one's choices. If that means Romney gets his tax and financial filings investigated because of his choices, I see no reason for anyone to say that consequence is not based in reality.

          •  If he took amnesty, then he did break the law (0+ / 0-)

            And there is plenty of evidence he took amnesty.  How about that UBS account that showed up in 2010 but never appeared on any previous financial disclosures? A lot of other foreign holdings were also not disclosed in the past.  Do you expect us to believe he bought them all in 2010 and never held any of the, before?  He knew he was running for President, it would make no sense to acquire them then.

            Furthermore, we know he declared a homeowners exemption in Utah while claiming Massachusetts residency during the 2002 Olympics.  That is illegal too.

            We also know he voted in Massachusetts claiming his residence was his son's basement.  Where was he declaring residency for tax purposes at this time? New Hampshire? Utah? California?  We don't know, because HE WON'T RELEASE THE FRACKING TAX RETURNS.

            Romney is paying a political price for not releasing them, but he's calculated that releasing them would be even worse.  Therefore, there must be something illegal in them.  Nothing else makes any sense.  And unfortunately, the corporate-owned media have lost interest in the tax returns story because it was tanking his candidacy and they want a horserace.

            In capitalist America, bank robs you!

            by madhaus on Sun Oct 14, 2012 at 12:14:32 PM PDT

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        •  I think VCLib is a very good troll (1+ / 0-)
          Recommended by:
          madhaus

          he goes in every diary about Mitt and finance to disrupt and dispute anything that questions Rmoney and his crooks. He's very good at what he does and so is rarely questioned about those proclivities. I've been watching him for quite awhile and it's always the same pro-Rmoney bullshit done mainly by using leading questions.

          America could have chosen to be the worlds doctor, or grocer. We choose instead to be her policeman. pity

          by cacamp on Sat Oct 13, 2012 at 07:49:03 PM PDT

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        •  This poster is a Republican apologist (1+ / 0-)
          Recommended by:
          mamabigdog

          And should be called out on its trolldom whenever it shows up.  It's been careful to not offend, but note the blatant reframing of black into white.

          In capitalist America, bank robs you!

          by madhaus on Sun Oct 14, 2012 at 12:07:11 PM PDT

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