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

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  •  Oh bullshit (0+ / 0-)

    Yet another claim from you with nothing to back it up, defending the corporations yet again.  Tell you what. Since you know the PWC partners so well, why don't you ask them what happened when their clients took tax amnesty?  I have a feeling they won't be denying they handled that situation.

    And did it ever occur to you that the clients didn't tell their CPAs about the tax shelters in the first place?  That they have their own accountants working these angles, and use a firm like PWC for plausible deniability?

    You are either incredibly naive or deceitfully misleading.  I wonder which it is?

    In capitalist America, bank robs you!

    by madhaus on Sun Oct 14, 2012 at 11:28:53 AM PDT

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    •  madhaus - you know that CPAs would never (0+ / 0-)

      discuss those issues. They are bound by confidentiality.  I am certain that PWC represented people as part of the amnesty program. I don't believe those people were long time clients. How could a CPA firm continue to work with someone who had lied about illegal activity when they were signing the tax returns, which were false? It would put the firm in real jeopardy.

      "let's talk about that"

      by VClib on Sun Oct 14, 2012 at 11:37:22 AM PDT

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      •  How could they? (0+ / 0-)

        Simple.  They did it for the Benjamins.  Do you seriously think accounting firms handling wealthy people are going to refuse to do business with them because of shady tax reporting?  Hell, they probably told them what their options were, along with "if you did that it would be illegal so we did not have this conversation."  Is this like when you tell us that the Bain model never profits from firms going bankrupt?

        I didn't say ask them who the clients were, but what they did in that situation.  You are one slippery player, but no sale.  Please address what I said, not what you wish I said.

        Again: ask these PWC people you claim to work with if they have any clients who took amnesty and how they handled it.  No particulars needed, just how PWC handled it.

        In capitalist America, bank robs you!

        by madhaus on Sun Oct 14, 2012 at 11:34:28 PM PDT

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