Why Won't Romney Release His Tax Returns?

Off Topic Politics & World Issues
261

[quote]ZEB wrote:
http://ntu.org/tax-basics/who-pays-income-taxes.html

Is this sort of thing actually fun for you?

Oooookay.[/quote]

Its a little fun yes. My information was from 2 different liberal biased sites, you would think they would have fudged the numbers a bit to show a less obvious tax difference or at least not include the numbers at all. I only said you would be proved wrong if you disagreed with that information since you disagree with everything liberal, except in this case it seems.

262

[quote]sufiandy wrote:
ZEB wrote:
http://ntu.org/tax-basics/who-pays-income-taxes.html

Is this sort of thing actually fun for you?

Oooookay.

Its a little fun yes.
[/quote]

So is owning a dog, and it’s less humiliating as well.

263

[quote]sufiandy wrote:

I made no comments on fairness. .[/quote]

I am about to rant, and it isn’t directed at you as much as I’m using your post as a jump off.

You want to talk about fairness?

I grew up on food stamps, the son of a broken home. Both parents drunks, and a drug addict step father.

I had to go to community college for 2 years, and then transfered to a lesser state school all so I could afford to pay back the loans I needed to take out to pay for school.

I’ve had a job since I was 14 years old, and have had money in my savings account since my second paycheck.

After school I had to contend with kids that were younger than me and had better schools on their resume. Once I got the same job they did, I had to eat shit from them endless because of this. But I worked my ass off.

Six years later, I’ve gotten 5 figure bonues and doubled my salary. I work my fucking ass off for this too. I bill damn near 2,400 hours a year, that is 320 hours of overtime, that is an extra 8 weeks of work. I work 60 weeks worth of hours in a 52 week span, on average to earn this money. (All wy over time is packed into a 13 week period in the winter and a 5 week period in late summer.)

So, yesterday, I had to work until 2am, so I could stay home today and take care of my sick daughter because my wife caught what she has and needed to rest today. Then, after I put them both to bed, I drove the 30 miles to work and am here again, at 9pm on a fucking Friday to finish my work. I do this so I can get promoted and make a better life for my kids.

Now, couple this with the admitted marxist in office that wants to steal the money I worked my fucking ass off for to “spread the wealth around”?

Fuck that noise and fuck him. Fuck all those assholes that think they are entitled to one red cent I’ve earned in my life. I’m in the 10% that shoulders 70% of the country’s tax burden. And I’m fine with that. I don’t mind paying for police and roads and shit, fine.

But if some asshole is going to come in and think he is going to take my wealth that I certainly fucking built, he is going to have to pry it from my cold dead hands, just like my assult rifle.

Stupid hippies and their stupid non-sense.

264

Hey Beans I want to thank you for the advice :slight_smile: I think you should direct your anger towards Corporate welfare,
Most subsidies , Wars and the war on drugs . You are entitled to be angry at people that are less than you , I understand . But the first cuts IMO are the ones that cost us not only more money but social standing in the world . We should also quit funding anything in other countries , unless it is upfront profitable . Peace and thank you again

265

[quote]pittbulll wrote:
Hey Beans I want to thank you for the advice :)[/quote]

Nothing I’ve posted can be taken as tax advice.

Look I am angry about that for sure. My solution is for government to get out of bed with corporate America. Which would require government to be smaller, and have less say and power in open markets.

Government controls the guns, corporate America controls the dollas. I’d like to see the one with the guns stripped of power first, and then we can get people to stop buying fucking iPads while they bitch about oppressive Corporations and overseas money & jobs.

I’m not angry at people with less than I earned. Not at all. I’m also not angry at people with more than what I earned.

I’m angry at my government for trying to punish me for working hard, for trying to take from me, what I deserve because I earned it, and give it to someone else. The government can’t even handle the money they have now correctly, why on earth would anyone want to give them more?

I think you mistake my pro-individual responcibility and fiscal conservative posts as me not caring about people that need help. I do care. I give to food banks and other local charity all the time. I don’t have a problem with people taking temporary help from the government to get back on their feet. The key being temporary. Things like WIC and unemployment are fine in my opinion and I don’t have a problem funding them.

I’m also angry at this air of entitlement that other people some how deserve some of my shit, just because. They don’t. If they want it, they have to go out and get it themselves. Currently in America I’m the bad guy, I have become the enemy because I’m at work at 12:15am on a friday making money. They see me as evil because I want to protect my way of life, and the way of life I’m looking to advance to.

IDK man. My mom is as blue as it gets, and she would slap the taste out of my mouth if I ever talked like “spread the wealth around”.

I’m not a communist. I like success, and I like the reward of hard work. I’m not about to do all this so someone else can have what I earned.

266

[quote]countingbeans wrote:

I’m angry at my government for trying to punish me for working hard…[/quote]

And that is what bothers all of us who have pulled ourselves up by our boot straps and made something of our lives.

When Obama said “you didn’t earn that someone else did it for you” I almost fell off my chair. Granted I knew prior to that he was a lefty, but hearing him say those words reinforced to me that he is far different than any other man who has ever held that office. This guy really does not hold some of the same values of most Americans. And for the first time I also believe that he is a socialist.

If he should defeat Romney God help this country because without an electorate to answer to anything can happen.

267

[quote]ZEB wrote:

[quote]countingbeans wrote:

I’m angry at my government for trying to punish me for working hard…[/quote]

And that is what bothers all of us who have pulled ourselves up by our boot straps and made something of our lives.

When Obama said “you didn’t earn that someone else did it for you” I almost fell off my chair. Granted I knew prior to that he was a lefty, but hearing him say those words reinforced to me that he is far different than any other man who has ever held that office. This guy really does not hold some of the same values of most Americans. And for the first time I also believe that he is a socialist.

If he should defeat Romney God help this country because without an electorate to answer to anything can happen.
[/quote]

OMG! This man said the athletes didn’t get to the Olympics on their own. How un-American!

268

[quote]Fletch1986 wrote:

This man said that the atheletes didn’t get to the Olympics on their own[/quote]

Sounds like you are voting for Obama.

Good for you!

I’ll continue to make money regardless of who wins.

Simple.

269

[quote]countingbeans wrote:

[quote]pittbulll wrote:
Hey Beans I want to thank you for the advice :)[/quote]

Nothing I’ve posted can be taken as tax advice.

Look I am angry about that for sure. My solution is for government to get out of bed with corporate America. Which would require government to be smaller, and have less say and power in open markets.

Government controls the guns, corporate America controls the dollas. I’d like to see the one with the guns stripped of power first, and then we can get people to stop buying fucking iPads while they bitch about oppressive Corporations and overseas money & jobs.

I’m not angry at people with less than I earned. Not at all. I’m also not angry at people with more than what I earned.

I’m angry at my government for trying to punish me for working hard, for trying to take from me, what I deserve because I earned it, and give it to someone else. The government can’t even handle the money they have now correctly, why on earth would anyone want to give them more?

I think you mistake my pro-individual responcibility and fiscal conservative posts as me not caring about people that need help. I do care. I give to food banks and other local charity all the time. I don’t have a problem with people taking temporary help from the government to get back on their feet. The key being temporary. Things like WIC and unemployment are fine in my opinion and I don’t have a problem funding them.

I’m also angry at this air of entitlement that other people some how deserve some of my shit, just because. They don’t. If they want it, they have to go out and get it themselves. Currently in America I’m the bad guy, I have become the enemy because I’m at work at 12:15am on a friday making money. They see me as evil because I want to protect my way of life, and the way of life I’m looking to advance to.

IDK man. My mom is as blue as it gets, and she would slap the taste out of my mouth if I ever talked like “spread the wealth around”.

I’m not a communist. I like success, and I like the reward of hard work. I’m not about to do all this so someone else can have what I earned.[/quote]

You and I are not so different , I am not pro entitlement . I think it is a shame that people on welfare have a higher living standard than A LOT of the working poor. I think one issue that keeps people on Welfare is Health Insurance . I think we should have full blown socialized Health Care.

One of the books I have read recently was Atlas Shrugged and either the majority of the people that say have read it either have not or they read a different book than I .All Corporations should be tax exempt. BUt they should narrow the definition of what a Corporation is .

The Tax code is choosing the winners and the losers now. Not just income tax but sales tax is the big variable . Many cities offer many years of paying no sales tax to magnate stores . When Scottsdale Az tax rate is 1.65 % add that to an increase in buying power of a large retailer add in the increase of write offs for a bigger sum of money and you are looking at an impossibility for Ma and Pa to compete with Walmarts and HDs

270

[quote]ZEB wrote:

[quote]Fletch1986 wrote:

This man said that the atheletes didn’t get to the Olympics on their own[/quote]

Sounds like you are voting for Obama.

Good for you!

I’ll continue to make money regardless of who wins.

Simple.[/quote]

My point is that you’re taking his speech way out of context. I thought both that speech by Romney and the one made by Obama were pretty good when not taken out of context. I know you’re bright. Do you really think that Obama was trying to completely discredit business owners and that he didn’t acknowledge their hard work? If you do, I suggest you read or listen to it more closely through a fresh lens.

And props to you for making money. I hope to land my first professional job before November so I can make more than I am right now myself.

271

[quote]Fletch1986 wrote:

[quote]ZEB wrote:

[quote]Fletch1986 wrote:

This man said that the atheletes didn’t get to the Olympics on their own[/quote]

Sounds like you are voting for Obama.

Good for you!

I’ll continue to make money regardless of who wins.

Simple.[/quote]

My point is that you’re taking his speech way out of context. I thought both that speech by Romney and the one made by Obama were pretty good when not taken out of context. I know you’re bright. Do you really think that Obama was trying to completely discredit business owners and that he didn’t acknowledge their hard work? If you do, I suggest you read or listen to it more closely through a fresh lens.

And props to you for making money. I hope to land my first professional job before November so I can make more than I am right now myself.[/quote]

of course not , Obama’s point is with out the America we all know alot more people would not be wealthy. Other wise Mitt and his freinds would have made their Billions in Afghanistan or Somalia

272

This read has been pretty painful. To deny that Obama is inciting class warfare to entice votes is just plain silly. If I were a liberal and were in favor of harming the richest of the rich, I would be more in favor of lowering tax rates. When Bush cut the top marginal rate by 3.5 percentage points, the share of the total income tax burden borne by the top one percent (those who earned more than $343,947 annually, as of 2009) actually increased by 6.5 percentage points by 2007. Indeed, every reduction in the top marginal rate has increased the share of income taxes paid by high earners.

Those that claim that Obama is the smartest president ever either know these easy to find facts and are willfully hiding them or just ignorant of the truth.

The other tactic of the left is to bring about the rich getting richer, blah, blah. The richest of the rich is not a static population. It turns over and over and over. Same with the poorest of the poor. Between 1996 and 2005 the bottom 1/5th of tax filers’ income increased 91%. The vilified top 1% saw theirs decrease 26%. The average was an increase of 26%.
Again, each of these groups are not the same people as time goes on so comparisons are irrelevant.
When a study of people was done, (IRS studies and the U of Mich) following those same people, those age 25 and up, it found those same individuals in the bottom 20% had their incomes double in a decade.
Also, when it comes to what is being reported, be advised of what is being said and how it is said and what you can take away from it. To say that avg household income is going down, that seems awful, doesn’t it? BUT, the # of wage earners in the average household is going WAY down. hmmmmmmm.
Why is it that household data continues to show that the Hispanic avg household income is higher than the Black average household income? Seems like a racial disparity doesn’t it? But oops, the average Black income is actually higher than the Hispanic income. Why? How can this be? (see above)
What the largest difference is between conservatives and liberals is, is who is believed to be responsible for a persons well being. Why people hold onto the failed ideology of the role in government in providing for people is beyond sense, and completely ignores facts. Why liberals come out and support socialist ideas, but completely avoid admitting they are socialists is understandable.

273

JPW what you are doing is releasing the part of the argument that benefits your point. Throw in the equation that the ultra wealthy tax dollar even after huge write offs for things like horses , vacations , cars , anything could be written off with a good enough accountant. the ultra wealthy dollar is worth $.85 and the working class id worth $.70 you must admit even with out the write offs there is a huge disparity. Why would the wealthy want to change anything ?

274

[quote]Fletch1986 wrote:

OMG! This man said the athletes didn’t get to the Olympics on their own. How un-American![/quote]

Actually in the context that Romney said it, it is very American. Romney was talking about the athletes getting help from their families, friends and local communities - i.e. the civil society. Obama was talking about the government.

275

[quote]pittbulll wrote:
JPW what you are doing is releasing the part of the argument that benefits your point. Throw in the equation that the ultra wealthy tax dollar even after huge write offs for things like horses , vacations , cars , anything could be written off with a good enough accountant. the ultra wealthy dollar is worth $.85 and the working class id worth $.70 you must admit even with out the write offs there is a huge disparity. Why would the wealthy want to change anything ?[/quote]

I really doubt you even understand what the term “write off” means.

276

[quote]Fletch1986 wrote:

[quote]ZEB wrote:

[quote]Fletch1986 wrote:

This man said that the atheletes didn’t get to the Olympics on their own[/quote]

Sounds like you are voting for Obama.

Good for you!

I’ll continue to make money regardless of who wins.

Simple.[/quote]

My point is that you’re taking his speech way out of context.I know you’re bright. Do you really think that Obama was trying to completely discredit business owners and that he didn’t acknowledge their hard work? If you do, I suggest you read or listen to it more closely through a fresh lens.

[/quote]

Actually, I heard the entire speech and I fully understand what he was talking about. He said “You didn’t build that someone else did.” Pretty simple stuff. He wasn’t saying that someone helped you…he said “someone else did it for you.” Those are his socialist tendencies coming out.

Romney on the other hand was talking about the families of the athletes getting behdind them. Totally different words and completly different meaning.

But if you’re for Obama none of this matters you’ll vote for him anyway–And it matters not to me. As I’ve said people will ultimately get the government that they deserve.

When you do start making money your opinion of Obama will change dramatically. I pay about half of everything I make in taxes to one form of government or another (Federal, state, local). And I have a question to those who say that “the rich” are not paying their fair share. I am in the top 10% how much do you want me to pay? Would 65% be enough? How about 75%? And at what point do you think that I’m going to feel that it’s just not worth it? I then sell what I have and stop making money and then I will pay ZIP in taxes. And my employees are without jobs. How does that help the economy? There is also an option to stop growing and simply stay at the level that I’m at. How does that help the economy?

I have no problem growing my business, nor would I have a problem dismantling it and taking an early retirement. Either way I have enough right now that I can make any decision I want and not get hurt. But I wonder how someone in their 20’s or 30’s feels with Obama breathing down their necks and telling them that they don’t pay their fair share.

Obama is far worse than an ineffectual President, like Jimmy Carter for example, Obama is a menace to our economy. He doesn’t understand small business, or how people think about what they’ve earned.

If he did understand small business he would have laid out a plan for tax incentives. If you own a small business you get tax incentives for hiring, or buying equipment, or purchasing property. etc. 65% of all new hires are from small business. But instead of doing such things he chooses instead to threaten and intimidate the very group that could help turn this econmy around. And he does this because it comes from a deep rooted lack of understand of capitalism. Or, worse yet, a distrust of capitalism.

Either way, he’s doing plenty of damage.

As I said I will be fine no matter who is elected. It’s too late for them to prevent me from succeeding, as I have already built my business and done very well. But I really feel badly for those coming up who are struggling to make it. Obama has them in his sights and he will not stop until he breaks their spirit to move forward and succeed.

277

[quote]ZEB wrote:

[quote]pittbulll wrote:
JPW what you are doing is releasing the part of the argument that benefits your point. Throw in the equation that the ultra wealthy tax dollar even after huge write offs for things like horses , vacations , cars , anything could be written off with a good enough accountant. the ultra wealthy dollar is worth $.85 and the working class id worth $.70 you must admit even with out the write offs there is a huge disparity. Why would the wealthy want to change anything ?[/quote]

I really doubt you even understand what the term “write off” means.[/quote]

I know you think it is rocket science Zeb but it is quite simple anything that can be deemed to increase your wealth is considered a write off. There are also medical right offs . Not sure but Gym member ships can be written off .

278

[quote]pittbulll wrote:

[quote]ZEB wrote:

[quote]pittbulll wrote:
JPW what you are doing is releasing the part of the argument that benefits your point. Throw in the equation that the ultra wealthy tax dollar even after huge write offs for things like horses , vacations , cars , anything could be written off with a good enough accountant. the ultra wealthy dollar is worth $.85 and the working class id worth $.70 you must admit even with out the write offs there is a huge disparity. Why would the wealthy want to change anything ?[/quote]

I really doubt you even understand what the term “write off” means.[/quote]

I know you think it is rocket science Zeb but it is quite simple anything that can be deemed to increase your wealth is considered a write off. There are also medical right offs . Not sure but Gym member ships can be written off .[/quote]

“Anything deemed to increase your wealth” is NOT even close to the definition of a write off. Otherwise, when my son opened his lemon-aide stand and started making money you could call that a write off as it increased his wealth. And it certainly was NOT a write off!

You see Pitt most of your problems stem from the fact that you don’t have a clean grasp of the actual facts. You walk around thinking things that are just not factually correct. Which by the way is what many Obama voters have in common. When I read your posts I harken back to the now famous clip on Youtube regarding the woman who was jumping up an down saying “I want some of that Obama money” When asked by the reporter “where does this money originate from” the woman said “in Obama’s private stash.” It’s called ignorance Pitt, pure and simple.

And that’s why I’ve told you, repeatedly, that you need to find out actual FACTS before you put your fingers to the key board and make an ass of yourself.

Now do you want to learn what a write off is, or do you want to continue down this path of political (and business) ignorance that you are on?

279

[quote]ZEB wrote:

“Anything deemed to increase your wealth” is NOT even close to the definition of a write off. Otherwise, when my son opened his lemon-aide stand and started making money you could call that a write off as it increased his wealth. And it certainly was NOT a write off!

[/quote]

the profit is not a write off , the machines to squeeze the lemons , and so are the trucks , freezers ,office furniture, that trip to Hawaii to see Sun Kist does it , That racing boat is good advertisement, The hookers for the President of Chick Fillet is also but we will have to tweek the invoice.

280

[quote]pittbulll wrote:

[quote]ZEB wrote:

[quote]pittbulll wrote:
JPW what you are doing is releasing the part of the argument that benefits your point. Throw in the equation that the ultra wealthy tax dollar even after huge write offs for things like horses , vacations , cars , anything could be written off with a good enough accountant. the ultra wealthy dollar is worth $.85 and the working class id worth $.70 you must admit even with out the write offs there is a huge disparity. Why would the wealthy want to change anything ?[/quote]

I really doubt you even understand what the term “write off” means.[/quote]

I know you think it is rocket science Zeb but it is quite simple anything that can be deemed to increase your wealth is considered a write off. There are also medical right offs . Not sure but Gym member ships can be written off .[/quote]

Um, no.