Recent, maybe?
I meant what I said. Jerk.
I don't think it is the same thing at all. Firstly, he did supposedly ask Ryan for ten years for returns, so why does he deserve more from his prospective VP than the voters deserve from a prospective president? He's standing on his record as a money maker (I would say job creator but I believe it is a matter of debate if he actually created more than he destroyed and where jobs he created were) - how he got it is relevant.
Really, why is he unwilling to show his tax returns - isn't he proud of his financial success and keen to show people how smart he is in looking after his money? Apart from that, I'm not sure what else he actually stands on. Though that might now have changed, with the release nearly an hour of him speaking in private on his views...
I agree with Isaac on this - it could be that there is nothing major, but might be something that would *gasp* make him look like he favored a democrat "cause." Or there could be perfectly legal things that people like me don't understand, that we then spend the rest of the election cycle squabbling over, like "Look at all that offshore money he has!"
also, in terms of the IRS - it is worth remembering how limited they are. They're never going to be close to being able to carefully check even a fraction of the tax returns that come in... and someone like Romney is likely to be employing a number of accountants on higher salaries than the best the IRS has is on (kinda like someone owning 50 acres in which they might have buried a chest of gold, how long do you spend ignoring the rest of your job to look in case it is there?) - under those circumstances it is a lot easier to get away with tax evasion than get caught. Not that I'm saying he has been guilty of tax evasion, just the idea the IRS would have caught it doesn't hold that much water with me.
I would agree with you in general, but, you know, this isn't just another guy. Do you think that in the current situation, there aren't people looking into these things? Especially given the hesitation over sharing them publicly?
what does it mean to "pay no federal income tax"?
18/09/2012 06:30:28 PM
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Wrong
18/09/2012 06:37:07 PM
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Additional categories
18/09/2012 06:51:46 PM
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SS income is very much taxed, my friend
18/09/2012 06:59:28 PM
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Is that true?
18/09/2012 06:54:33 PM
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No, it's not. See my post (you should really have read it first ) *NM*
18/09/2012 07:00:07 PM
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Looking at that chart you linked, I have some questions.
18/09/2012 07:05:24 PM
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I think the reasoning is that since they go to entitlement programs, it's not entirely a tax.
18/09/2012 10:55:12 PM
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Does that mean the correct number is that 27.6%?
18/09/2012 07:17:46 PM
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That is correct - some folks have such negative income taxes, it offsets payroll as well.
19/09/2012 05:28:07 AM
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If it helps, here's a graph of effective federal tax rate by quintile, all taxes (data from 2007)
19/09/2012 08:30:37 AM
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While we're talking about taxes, am I the only one who doesn't give a rat's ass about Romney's?
18/09/2012 10:37:12 PM
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That sort of thing does matter to me
18/09/2012 10:48:30 PM
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Ah, yeah, not so much for me.
18/09/2012 11:16:56 PM
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I am a BIT curious whether he took the IRS amnesty for tax dodging in 2009.
18/09/2012 11:32:31 PM
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As an outside observer ...
19/09/2012 01:28:13 AM
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Re: As an outside observer ...
19/09/2012 04:45:11 AM
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the question of legality has already been covered by the offshore accounts though....
19/09/2012 05:44:28 AM
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Eh, those already exist, if people bothered to look
19/09/2012 08:08:35 AM
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Those are toothless examples, no bite to them and old news so no shock value aspect
19/09/2012 08:44:01 AM
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The stat is valid, because of tax credits the GOP created/expanded for the overtaxed middle class.
18/09/2012 11:22:13 PM
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I think you got it wrong:
19/09/2012 01:52:30 AM
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+1 - you are correct, moondog screwed the pooch with this post. *NM*
19/09/2012 05:18:19 AM
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Washington Post similar to Anonymous', but shows how many people get each credit.
19/09/2012 06:45:08 PM
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