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Forum Post: 20%

Posted 10 years ago on Sept. 21, 2012, 4:35 p.m. EST by bensdad (8977)
This content is user submitted and not an official statement

The Romney campaign released a notarized letter from the Romneys’ accounting firm, PricewaterhouseCoopers LLP, stating that the Romneys’ average effective tax rate over the last two decades was 20.20%.

and how was this totally unbelievable number calculated ???

And if you worked for PWC - would you throw out your career if david koch offered you $50,000,000 for this letter ?



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[-] 1 points by bensdad (8977) 10 years ago

I believe in transparency and disclosure and honesty unlike the the 1% liars
RU ?

[-] 1 points by DanielBarton (1345) 10 years ago

it was calculated because he release almost all of his tax records


[-] 1 points by bensdad (8977) 10 years ago

Out of 20 years, he released less than 10% of the tax data
The last two partial releases do not include
his IRA foreign asset statements
think Canary - Bermuda

[-] 1 points by DanielBarton (1345) 10 years ago

Ok so what does it matter the guy is rich richer than i will ever be. Now will it effect the way he runs and how he act as president no he will act exactly how he was going to. Will it change your vote if he released everything no i don't think it will nor will it change the ones of independents. In the long run it doesn't matter. Maybe a bill could be purpose that if you run for office all records have to be made public because you are a public official nut until then he is a free man that can do as he pleases.

i will not be commenting further as i see this as a waste of space in the main goal of OWS

[-] 1 points by bensdad (8977) 10 years ago

The rich are afraid of the truth - RU ?

I never said he did not pay what was due
I implied that he wants to hide what he did with his money AND HE DID because he never disclosed hi IRS foreign asset report form for ANY year.

[-] 0 points by Orwellwuzright (-84) from Lockeford, CA 10 years ago

If he followed the law what are you whining about?

[-] -1 points by BetsyRoss (-744) 10 years ago

You are so desperate you're willing to make ANYONE a criminal aren't you? PWC put THEIR integrity and reputation on the line-not just some dumb employee.

The calculations are obvious to anyone who knows anything about tax codes. Romney's INCOME has not been purely "capital gains" until the most recent years. (which means he had to pay a higher tax rate when some/all of it was actual WORKED FOR INCOME rather than just capital gains)

The man PAID all of his taxes. Period. He owes NO taxes. Period. If you're mad about the assets PROTECTED BY THE CURRENT US TAX CODES then do something about that. But stop whining like a paranoid child about the man owing taxes or not paying taxes because CLEARLY the IRS would be saying something if he had not!!!

[-] 0 points by yobstreet (-575) 10 years ago

He's paid a helluva a lot more than most of the posters here ever will, and probably far more than Obama has.