Latest Breaking News

IndyJones

(1,068 posts)

44. Can someone please explain this to me:

Mon Aug 6, 2012, 10:11 PM

Aug 2012

How would someone at Bain Capital know whether or not Romney had or had not paid his taxes in any years? Does a Bain Capital employee prepare Romney's returns?

Didn't Romney already release some returns that covered a couple of the last 10 years and didn't the returns show he did pay taxes on those years?

Or is the Bain employee stating that Romney has Bain Capital earnings that Bain is not sending a K-1 or 1099 to Romney to show those earnings?

If "people know" Romney is not paying taxes on his earnings and they can prove it, then has the IRS been called in to investigate?

I'm not really understanding what is meant when Reid states that Romney hasn't paid taxes in 10 years. No taxes at all or is he somehow not reporting income? Is someone colluding with him to hide income?

Edit history

Please sign in to view edit histories.

Recommendations

0 members have recommended this reply (displayed in chronological order):

58 replies

= new reply since forum marked as read

Highlight:

Nancy Pelosi: 'It Is A Fact' That Somebody Told Harry Reid About Romney Not Paying Taxes [View all] kpete Aug 2012 OP

IMO.. Harry does not need defenders. Just keep repeating it Harry. russspeakeasy Aug 2012 #1

actually, it's very clever to have surrogates keeping it in the news grasswire Aug 2012 #3

And President Obama's hands are still clean of any smut. Lone_Star_Dem Aug 2012 #10

What she should have said was nichomachus Aug 2012 #2

My Goodness, the Birther Legitimacy Question in Reverse bucolic_frolic Aug 2012 #8

Except Obama released his Birth Certificate before he became President Bandit Aug 2012 #15

False equivalency. blackspade Aug 2012 #19

On This Week with George S ... 1StrongBlackMan Aug 2012 #4

If leak was from within IRS, a violation of the Privacy Act. Probably McCain's gang was the source. leveymg Aug 2012 #5

What motivation would someone from McCain's gang have? antigop Aug 2012 #6

The McCain opposition brief was released recently. leveymg Aug 2012 #7

Would it matter? Myrina Aug 2012 #9

Personal? Nope. It's ALL about business. Review what corporate raiding is and tell us how it could patrice Aug 2012 #17

You know this how? elleng Aug 2012 #25

No. We're told RMoney released his returns to McCain's VP vetters, and was passed over. That's what leveymg Aug 2012 #28

Right, but you said elleng Aug 2012 #30

The only way to confirm authenticity is to compare any copy with the IRS originals leveymg Aug 2012 #33

That was no ruse, for Rather; elleng Aug 2012 #35

Rather, aside, you see my point about the authentication problem? leveymg Aug 2012 #36

May have released some returns as a part of one of the leveraged buyouts of JDPriestly Aug 2012 #45

except that-- lanlady Aug 2012 #31

Maybe, but please post a link to that. Here's the link to the McCain's staff as source story: leveymg Aug 2012 #37

Why Won't Any Of These MSM Commentators Ask The Question Of These Repug Shills That Say Reid Is.... global1 Aug 2012 #11

Love it! Love it! goclark Aug 2012 #13

Nancy's right- Romney owes Harry an apology- so does Priebus, Bluerthanblue Aug 2012 #12

Bain's chickens are coming home to roost and Harry Reid knows their names!!!! Yyyeee!! Hhaaaaaawwww! patrice Aug 2012 #14

Yeah Harry, keep it coming... amerciti001 Aug 2012 #16

The drama never ends! Quantess Aug 2012 #18

Kicked and recommended. Uncle Joe Aug 2012 #20

More smoke and mirrors from both sides. Beacool Aug 2012 #21

"Leave poor Romney alone!1" emulatorloo Aug 2012 #26

Concern noted longship Aug 2012 #32

I don't understand why it matters how fed up anyone is unless they are doing something that stands patrice Aug 2012 #34

Because DonCoquixote Aug 2012 #41

Since I'm no big fan of our candidate and even less of their candidate, Beacool Aug 2012 #42

I suggest you look up the "romney hood" DonCoquixote Aug 2012 #43

Well, he was just telling the truth. Beacool Aug 2012 #47

In othjer words DonCoquixote Aug 2012 #54

What Bill said was that Romney was a good business man, which he was. Beacool Aug 2012 #56

but he WAS trying DonCoquixote Aug 2012 #58

Romney is running on the premise that his business acumen JDPriestly Aug 2012 #48

I'm fed up, too. Romney's emilyg Aug 2012 #51

That's what I mean. Beacool Aug 2012 #55

Which really should tell you that Reid's info is ironclad. aquart Aug 2012 #53

Well Said Nancy Liberalynn Aug 2012 #22

It's a fact that someone told Reid that. Gormy Cuss Aug 2012 #23

+1 Historic NY Aug 2012 #24

That's right, let 'em stew in their juices. Turn up the heat, even. leveymg Aug 2012 #38

Except that Reid is too clever as a politician to make such a claim JDPriestly Aug 2012 #49

I think of the Kids In The Hall skit: "It's a fact!" randome Aug 2012 #27

Priebus gave Walker the Wis. Gov. mansion and turn Wis. red... So KKKarl put him in charge, and midnight Aug 2012 #29

I believe her slackmaster Aug 2012 #39

Come on Mitt-bots and Fox News ATTACK Nancy...do it!! take the bait underpants Aug 2012 #40

Can someone please explain this to me: IndyJones Aug 2012 #44

I deduce that "paying no taxes" means his investments were structured so he owed no net U.S. taxes. leveymg Aug 2012 #46

As a CPA, I'm aware of legal loopholes. Is he the individual equivalent of GE Capital? IndyJones Aug 2012 #50

imo - he's too smart to emilyg Aug 2012 #52

It's not whether he is too smart... graegoyle Aug 2012 #57