It's past time to end the "pony envy"

[magical thyme]

153. b.s. I've written that in all likelihood their so-called biz will end up declared a hobby

You only get a tax deduction for animal expenses when they are part of a business...

$49 versus $77K is not a meme; it is a fact. They tried to play the system and this one time they failed. It does not help to repeat lies -- that they got a $77K tax deduction -- when they did not, in fact, get that deduction. Lies are a GOP tactic and a fail. They also are not necessary; the truths about Romney are far more damning.

In all likelihood, in the end they will never get that particular deduction. Their Rafalca "business" will have to be successful, and however much money they have put into the purchase, care, training and competition to get Rafalca to the Olympics, there is a good chance that she still won't sell for enough to get it back. That is one of the brutal truths about the horse business -- it's nearly impossible to make a profit unless you are the one doing the training. Once you are paying somebody else to ride and train, you will lose money when it's all added up.

You're right that I have no idea how much they do successfully claim in deductions. Nor do you, nor do any of us except the very few who'd been permitted to view their tax returns. Which is why they need to release their tax returns. I want to see how many times they've played the system and won.

And I especially want to see the year 2009, when UBS agreed to release the names of 4400 tax evaders and those tax evaders were granted a year's amnesty for coming clean and paying up. I want to see for a fact if Romney was hiding money illegally in Switzerland and granted amnesty versus going to jail.

I've never denied that the Romneys are filthy rich, in the legitimately filthy sense of the word. I've never denied that they have opportunities, tax loopholes and deductions available to them that the majority of us will never see in our lifetimes. I have not in any way, shape or form defended the Romneys.

You are the one accusing me of defending the Romneys.

You show me a full posting, not a quote out of context, where I have ever defended the Romneys.