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Title: Romney Has Disclosed Zero Complete Tax Returns
Source:
CBS News
URL Source: http://boston.cbslocal.com/2012/07/ ... sed-zero-complete-tax-returns/
Published: Jul 19, 2012
Author: CBS News
Post Date: 2012-07-19 13:58:35 by Brian S
Keywords: None
Views: 5550
Comments: 8
Zero. That is the number of full IRS returns W. Mitt Romney has disclosed. He claims that he disclosed his 2010 returns. Repeatedly. But it is not true. It turns out Romney either lied to the American public or filed an incomplete and incompetent IRS return in 2010. W. Mitt Romney is hiding the document that reveals more information about the money he is hiding in financial institutions favored by despots, terrorists, drug dealers, money launderers and tax cheats. Specifically he is hiding the IRS document that gives details about his Swiss Bank Account, known as the Report on Foreign Bank and Financial Accounts. On his financial disclosure, Romney has shown a shocking pattern of inconsistency which not only raises questions of his honesty they also raise questions of his competency. Perhaps he is unable to handle this task. And if he cannot handle managing his personal finances, perhaps he should not be in charge of handling our finances as well. Reporters have uncovered that W. Mitt Romney’s tax returns and financial disclosure forms do not match – there are a number of accounts that appear on the tax returns he never intended for the public to see but are not on his public financial disclosure form. For example, the Swiss Bank Account Romney is hiding from the voters. Given all the confusion around W. Mitt Romney’s retroactive retirement from Bain, perhaps the discrepancies between his story and paper work filed with the FEC and with state agencies are just another example of Mitt Romney’s incompetence and inability to manage. If it is not incompetency, then Romney has something really, really bad to hide. Something that he believes is politically deadly. There are a number of options, including, but not limited to: The possibility that in some years Romney has paid zero dollars in taxes; The details of the schemes that allowed his IRA to grow to over $100 million; The details of his offshore accounts and if Romney used illegal or questionable tax shelters; His participation in the amnesty program for individuals that used Swiss Bank accounts to hide money from the IRS; The possibility that he used his Swiss Bank account to hide business dealings with countries, like Iran, that are banned from doing business with the United States. According to tax law experts, one of the benefits of having a Swiss Bank Account, in addition to hiding money from the IRS, is that it acts as a shield from unsavory business dealings. In fact the only reason to have a Swiss Bank account, if you are not hiding money from the IRS, is the secrecy that shields the way you made the money you are declaring. For example, under Romney’s leadership the U.S. Olympic committee came under fire in 2002 for purchasing tracksuits from the military government in Burma. If Romney, hypothetically, had further business dealing with Burma it is possible to hide that activity with his Swiss Bank Account while declaring the profits and paying taxes on them. One thing we have learned from Romney is that one of the companies he set up in the Cayman Islands was set up for the express purpose of shielding foreign companies form paying the IRS taxes on investments made in the U.S. If these are the kind of details he is willing to share, then what must he be hiding? We won’t know any of the answers until W. Mitt Romney discloses his tax returns. If he chooses to defy bipartisan calls for disclosure, details will continue to slowly emerge raising more and more questions over the next 16 weeks. Team Romney in Boston is working on fomenting xenophobia as a political strategy. It is highly ironic that W. Mitt Romney has taken to calling the President “extraordinarily foreign” – it is a term that is far more descriptive of Romney’s financial portfolio than it is for an American President. For a candidate with questionable foreign finances they, much like the worker in the American Crossroads ad, may at some point feel like they built their own coffin.
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#1. To: Brian S (#0)
Sounds like the MSM and Obozo's fishing expedition is going nowhere!!
Choosing and voting for a presidential candidate is like picking which STD you want to suffer from….
Brian, I really have to laugh at these jokers in their desperation to try to find dirt...well, at least on certain candidates anyways. Looking at what I highlighted in the quote above, its as though they want to measure things by the 'compentence and managing skills' of some two-bit community organizer! They fail to look at how O's tax return prepared him to be the most incompetent of executives. But, I guess that is just 'different' somehow.
You have described an "alias" about the typical mainstream political candidates for your personal selection in American governance. There isn't much to it, is there?
He's an Iranian Student at heart. Obama's watch stopped on 24 May 2008, but he's been too busy smoking crack to notice.
the desperation in the libs is becoming hilarious now, so concerned about romney's taxes but not interested in anything about obama, birth certificate, school records and on and on and on.
they're just freaked that romney has been successful rather then an uneducated, failed lawyer and community activist (code word for UNEMPLOYED)
Yup.
GoAnimate.com: PolitiJim's Animation by PolitiJim
#2. To: Brian S (#0)
Given all the confusion around W. Mitt Romney’s retroactive retirement from Bain, perhaps the discrepancies between his story and paper work filed with the FEC and with state agencies are just another example of Mitt Romney’s incompetence and inability to manage.
#3. To: rowdee (#2)
I guess that is just 'different' somehow.
#4. To: Brian S, *Arab Spring Jihad* (#0)
Swiss Bank account to hide business dealings with countries, like Iran, that are banned from doing business with the United States.
"We (government) need to do a lot less, a lot sooner" ~Ron Paul
#5. To: Brian S (#0)
#6. To: rowdee (#2)
#7. To: calcon (#6)
#8. To: CZ82 (#1)
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