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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: i-node who wrote (662049)	7/13/2012 5:26:42 PM
From: longnshort	1 Recommendation Respond to of 1580109

well my dad didn't vote for JFK and I would never vote for my older brother. so I against we are different I just saw sister in law. I would kill myself before i voted for my sister in Law. we would have 120% taxation if she won

To: i-node who wrote (662049)	7/13/2012 5:35:27 PM
From: bentway	Read Replies (1) \| Respond to of 1580109

You should vote to make our first black president a two-term black president too, Dave! Feel the PRIDE! Transgender president on deck!

To: i-node who wrote (662049)	7/13/2012 5:47:19 PM
From: bentway	Read Replies (4) \| Respond to of 1580109

Now Republicans Call for Romney Tax Returns BUSINESS DEALINGS AMOUNT TO 'LEGITIMATE QUESTION': GOP REP By Matt Cantor, Newser Staff newser.com Posted Jul 13, 2012 8:03 AM CDT (NEWSER) – President Obama has some unlikely new allies in his effort to get Mitt Romney to release his tax returns. Members of Romney's own party, from Haley Barbour to Michael Steele, are calling on the candidate for financial disclosure. "His personal finances, the way he does things, his record, are fair game," says Texas Rep. Pete Sessions. He calls it a "legitimate question," according to Talking Points Memo. "I think he should release his financial records and I think if he does it in July it would be a lot better than in October," adds North Carolina Rep. Walter Jones, who specifically named "six" as the number of years of returns the candidate should make public. If you're "asking for the vote of the American people ... you need to fully disclose what your holdings are." Former Missisippi Gov. Barbour says he would release his own filings, but as for whether returns should be a campaign issue, "I don’t think it amounts to diddly."

To: i-node who wrote (662049)	7/13/2012 6:01:15 PM
From: puborectalis	Read Replies (1) \| Respond to of 1580109

Furthermore, these tricks illustrate that Romney's financial success is not, in fact, just about "making good investments" (although he certainly made many of them), but about taking advantage of loopholes and tricks that a handful of people with considerable financial means can exploit. Lastly, although such tricks may well be perfectly legal within the letter of the tax code (it depends whether the value that Romney placed on the IRA-shares really was reasonable--a question that's worth looking into), they're clearly miles from the spirit of what IRA tax-deferral laws were designed to encourage: Namely, providing a little tax help to help average Americans save modest amounts of money for retirement. By limiting IRA contributions to a few thousand dollars a year, Congress clearly meant these vehicles merely to be tools with which Americans could save a bit each year on a tax-deferred basis--not to place high-risk/high-reward bets that could allow people to amass vast fortunes beyond the reach of the IRS. Romney and his colleagues, obviously, never needed the tax help to save for retirement--because they quickly had more money than they would ever need to retire on. So for Romney and Bain, the IRAs were merely tools with which to allow returns to compound without paying taxes. And it also likely explains, again, why Romney is so adamant about keeping his tax returns secret. Because the "L" shares and "A" shares tax trick was likely only the beginning. And, for obvious reasons, Romney doesn't want average Americans to discover any more details like this. Read more: businessinsider.com