Care to suggest an opinion, or not?
What number range to you assign to "plenty?"
Umm it's accurate. You constantly suppose things how you want them to be and just go with it rather than find out how things really are so you can believe what you want to believe. This is just another example amongst several everyday that you doing that.
Pointing out actual behaviors is not an attack.
Wrong again. Will you ever get things right?
-delete-
I started to explain, but why waste my time on you. It's pointless.
[IGNORE]
I don't make up numbers like you do. What part of that do you not understand?
Thanks for admitting that "plenty" has no merit.
adjective
4. existing in ample quan y or number
http://dictionary.reference.com/browse/plenty
Merit established.
My brothers, God bless this great country. We have a black man as its president. Now let's vote him out because he didn't do the job he was elected to do. Brothers, this ad is full of hypocrisy and race baiting. We're past denial. It's accepted in our country, in the case of blacks, blacks can have clubs, school, organizations etc.. to support one another even when putting down another race in doing so. Hopefully in time we can unite as one. All we can do in the meantime is to point it out and move on. God bless.
john tesh
Bless your heart. God bless
Here's why the 1% TAX EVADERS FOR ROMNEY love Gecko with $100Ms in campaign donations: he's one of their own
Where the Money Lives
For all Mitt Romney’s touting of his business record, when it comes to his own money the Republican nominee is remarkably shy about disclosing numbers and investments. Nicholas Shaxson delves into the murky world of offshore finance, revealing loopholes that allow the very wealthy to skirt tax laws, and investigating just how much of Romney’s fortune (with $30 million in Bain Capital funds in the Cayman Islands alone?) looks pretty strange for a presidential candidate.
Particularly jarring were the Romneys’ many offshore accounts. As Newt Gingrich put it during the primary season, “I don’t know of any American president who has had a Swiss bank account.” But Romney has, as well as other interests in such tax havens as Bermuda and the Cayman Islands.
To give but one example, there is a Bermuda-based en y called Sankaty High Yield Asset Investors Ltd., which has been described in securities filings as “a Bermuda corporation wholly owned by W. Mitt Romney.” It could be that Sankaty is an old vehicle with little importance, but Romney appears to have treated it rather carefully. He set it up in 1997, then transferred it to his wife’s newly created blind trust on January 1, 2003, the day before he was inaugurated as Massachusetts’s governor. The director and president of this en y is R. Bradford Malt, the trustee of the blind trust and Romney’s personal lawyer. Romney failed to list this en y on several financial disclosures, even though such a closely held en y would not qualify as an “excepted investment fund” that would not need to be on his disclosure forms. He finally included it on his 2010 tax return. Even after examining that return, we have no idea what is in this company, but it could be valuable, meaning that it is possible Romney’s wealth is even greater than previous estimates. While the Romneys’ spokespeople insist that the couple has paid all the taxes required by law, investments in tax havens such as Bermuda raise many questions, because they are in “jurisdictions where there is virtually no tax and virtually no compliance,” as one Miami-based offshore lawyer put it.
That’s not the only money Romney has in tax havens. Because of his retirement deal with Bain Capital, his finances are still deeply entangled with the private-equity firm that he founded and spun off from Bain and Co. in 1984. Though he left the firm in 1999, Romney has continued to receive large payments from it—in early June he revealed more than $2 million in new Bain income. The firm today has at least 138 funds organized in the Cayman Islands, and Romney himself has personal interests in at least 12, worth as much as $30 million, hidden behind controversial confidentiality disclaimers. Again, the Romney campaign insists he saves no tax by using them, but there is no way to check this.
http://www.vanityfair.com/politics/2...shore-accounts
My brother, I owe you an apology. Instead of embracing you for all the gifts god gave you I tried to stifle your wonderful opinions and great personality. Please forgive me.
Romney is a millionaire and may very well be apart of some in your face conspiracy to keep the poor, poor.. Thanks for pointing that out. God bless.
If he is legally minimizing his taxes I consider that to be smart, not su ious.
I assume you understand why companies incorporate there, right? Lets say that you are an investment fund that invests all over the world. They pay no taxes in the Caymans, but pay taxes on earnings in every country they invest in. If 5% of their investments are in the US, they only pay US taxes on the profit they made on that 5% investment. if they invest 20% in China they pay the taxes on the 20% profits of the Chinese investments to the Chinese. By doing it this way instead of incorporation in the US, they avoid double taxation where they may have paid taxes on profits to China and then the US wants to tax those profits again. It's just smart business for international companies or investment firms in a global economy.
And then there's the HUGE ELECTORAL question of Gecko's garmies he's got to wear as dictated by his freakish cult:
Are Mormon Underwear Magic Between the Sheets?
In Mormon folk religion, Garments have special powers. Stories are told of wearers being saved from bullets or fiery death in a car crash. One story tells of a Mormon soldier during WWII who was killed by a Japanese flame thrower – but his Garment survived intact. The stories go back to Joseph Smith himself, who died in a hail of bullets without his Garment on. His companion, Willard Richards, who was wearing his, emerged unscathed. Mormon historian Hubert Bancroft described the incident in his 1890 History of Utah, “This garment protects from disease, and even death, for the bullet of an enemy will not penetrate it. The Prophet Joseph carelessly left off this garment on the day of his death, and had he not done so, he would have escaped unharmed.”
Interestingly, the Garment may owe its existence to Joseph Smith wrestling with his own high libido. As recent research on sexuality suggests, people who are struggling to contain or suppress their own sexuality may be particularly interested in controlling the sexuality of others. Historians are unclear on the number of women Smith actually married and the number with which he simply had sexual relationships. The list of his wives, first published in the late 19th century, and still debated, includes 27 names. Despite this, Smith preached against polygamy till his death. Was the design of the Garment (then a full body long-sleeved button-up affair) the product of a divine revelation, Smith’s sexual tastes, or his effort to suppress desire? You decide.
http://www.alternet.org/module/printversion/156161
if you don't have at least 1 billion dollars you are a nobody in this country. To the owners of the country you are equivalent to a sewer rat and neither Romney nor Obama give a about you. truth hurts.
yes, to evade taxes, aka legal "tax avoidance" after the 1% has gamed the tax system in way the 99% can't touch.
Romney's Offshore Wealth Deeply Hidden
Much of White House hopeful Mitt Romney's fortune lies well-hidden in a network of opaque offshore investments including some $30 million in the Cayman Islands, Vanity Fair reported Tuesday.
Romney has amassed vast wealth -- estimated to be as high as $250 million -- since founding private equity firm Bain Capital in 1984, and he consistently says his successful business experience is what puts him in better position than President Barack Obama for turning around the sluggish US economy.
But while his campaign insists Romney has not exploited the offshore havens to avoid paying necessary US taxes, the difficulty in tracking the overseas transactions and holdings raises questions about the candidate's finances in the heat of a campaign.
The report detailed how Romney continues to have personal interests in at least 12 of the 138 funds organized by Bain in the Caymans, where such investments are hidden behind confidentiality disclaimers, making an assessment of Romney's true wealth virtually impossible.
He also holds a Swiss bank account -- with $3 million in it, according to 2010 tax returns -- and other interests in tax havens such as Bermuda, according to the report in the August issue of the magazine.
Romney's tax rate has been a particular point of contention. In 2010 he reported income of $21.7 million, mostly from investments, and paid just over $3 million in taxes, a paltry rate of just 13.9 percent, far lower than the rate for most middle-income Americans.
Most of Romney's money is earned in investments, which are taxed at just 15 percent, compared to the 35 percent he would pay on wages.
Many of those investments are offshore, with 55 pages of Romney's 2010 tax return devoted to his transactions with foreign en ies, according to Vanity Fair.
"What Romney does not get," veteran Washington lawyer and offshore expert Jack Blum told the magazine, "is that this stuff is weird."
The White House jumped on the report, describing it as further evidence of Romney's "bets against America" and suggesting the story about mystery corporations and offshore counts leads to serious questions.
"The question is, why? Was he avoiding paying his fair share of US taxes?" Obama campaign spokesman Ben LaBolt wrote in an email.
"Was he hedging against the dollar? Until he releases his tax returns from that period, Americans will never know."
Romney has refused to release pre-2010 tax returns.
"Mitt Romney's economic philosophy has always put maximizing his profits above anything else," LaBolt added.
The Romney campaign released a statement on the article, but it was a reaction to the Obama campaign's treatment of the story and did not address its specifics.
"As job growth slows, manufacturing activity stalls, and our economy continues to sputter, President Obama knows he can't make a legitimate argument for another term in office, so instead he is trying to tear down his opponent," Romney spokeswoman Andrea Saul said.
http://www.alternet.org/newsandviews...rt/#paragraph4
So when Bou pays taxes, do you figure out what you legally owe and then think...'I should pay more!...Lets not take that personal deduction so we aren't evading taxes!"
"A prime example is the section of the tax code that deals with “foreign” profits. Under it, profits are not taxed until they are repatriated to the United States. At the same time, however, foreign expenses can be written off immediately against domestic profits. And, because we use the transfer pricing method – which allows multinational corporations to allocate profits essentially wherever they say they earned them – these companies shift profits and jobs to low or no tax countries. Marty Sullivan and Lee Sheppard in Tax Notes have detailed numerous examples of this shifting, but rather than try to stop it, the Republicans, at the behest of the multinationals, want to accelerate this shifting of profits by adopting a “territorial” tax system which would essentially exempt all foreign profits from U.S. taxation to help “American” multinationals compete with “foreign” multinationals. "
http://www.niemanwatchdog.org/index....rue&print=true
In other words, in a global economy high US corporate taxes drive jobs and business offshore to lower taxed countries.
Got it.
" lower taxed countries"
figgers you'd call Cayman Islands, etc a "country".
Corporate taxes as %age of national tax income are at an all-time low. High taxes? YOU LIE
Mitt’s Gray Areas
Once upon a time a rich man named Romney ran for president. He could claim, with considerable justice, that his wealth was well-earned, that he had in fact done a lot to create good jobs for American workers. Nonetheless, the public understandably wanted to know both how he had grown so rich and what he had done with his wealth; he obliged by releasing extensive information about his financial history.
But that was 44 years ago. And the contrast between George Romney and his son Mitt — a contrast both in their business careers and in their willingness to come clean about their financial affairs — dramatically illustrates how America has changed.
Right now there’s a lot of buzz about an investigative report in the magazine Vanity Fair highlighting the “gray areas” in the younger Romney’s finances. More about that in a minute. First, however, let’s talk about what it meant to get rich in George Romney’s America, and how it compares with the situation today.
What did George Romney do for a living? The answer was straightforward: he ran an auto company, American Motors. And he ran it very well indeed: at a time when the Big Three were still fixated on big cars and ignoring the rising tide of imports, Romney shifted to a highly successful focus on compacts that restored the company’s fortunes, not to mention that it saved the jobs of many American workers.
It also made him personally rich. We know this because during his run for president, he released not one, not two, but 12 years’ worth of tax returns, explaining that any one year might just be a fluke. From those returns we learn that in his best year, 1960, he made more than $660,000 — the equivalent, adjusted for inflation, of around $5 million today.
Those returns also reveal that he paid a lot of taxes — 36 percent of his income in 1960, 37 percent over the whole period. This was in part because, as one report at the time put it, he “seldom took advantage of loopholes to escape his tax obligations.” But it was also because taxes on the rich were much higher in the ’50s and ’60s than they are now. In fact, once you include the indirect effects of taxes on corporate profits, taxes on the very rich were about twice current levels.
Now fast-forward to Romney the Younger, who made even more money during his business career at Bain Capital. Unlike his father, however, Mr. Romney didn’t get rich by producing things people wanted to buy; he made his fortune through financial engineering that seems in many cases to have left workers worse off, and in some cases driven companies into bankruptcy.
And there’s another contrast: George Romney was open and forthcoming about what he did with his wealth, but Mitt Romney has largely kept his finances secret. He did, grudgingly, release one year’s tax return plus an estimate for the next year, showing that he paid a startlingly low tax rate. But as the Vanity Fair report points out, we’re still very much in the dark about his investments, some of which seem very mysterious.
Put it this way: Has there ever before been a major presidential candidate who had a multimillion-dollar Swiss bank account, plus tens of millions invested in the Cayman Islands, famed as a tax haven?
And then there’s his Individual Retirement Account. I.R.A.’s are supposed to be a tax-advantaged vehicle for middle-class savers, with annual contributions limited to a few thousand dollars a year. Yet somehow Mr. Romney ended up with an account worth between $20 million and $101 million.
There are legitimate ways that could have happened, just as there are potentially legitimate reasons for parking large sums of money in overseas tax havens. But we don’t know which if any of those legitimate reasons apply in Mr. Romney’s case — because he has refused to release any details about his finances. This refusal to come clean suggests that he and his advisers believe that voters would be less likely to support him if they knew the truth about his investments.
And that is precisely why voters have a right to know that truth. Elections are, after all, in part about the perceived character of the candidates — and what a man does with his money is surely a major clue to his character.
One more thing: To the extent that Mr. Romney has a coherent policy agenda, it involves cutting tax rates on the very rich — which are already, as I said, down by about half since his father’s time. Surely a man advocating such policies has a special obligation to level with voters about the extent to which he would personally benefit from the policies he advocates.
Yet obviously that’s something Mr. Romney doesn’t want to do. And unless he does reveal the truth about his investments, we can only assume that he’s hiding something seriously damaging.
http://www.nytimes.com/2012/07/09/op...gewanted=print
Blacks are over represented in TV commercials now. We don't live in a black nation, they are a small % of the population.
"Blacks are over represented in TV commercials now."
yep, noticed that. UCA trying to sucker blacks into buying their craps, esp junk food and drugs.
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