Monday, April 16, 2012

Romney get’s tax extension to gain time to explain why a lot of his wealth is overseas in places like the Cayman Islands


This is a historical sticky moment for Mitt.

Someone else demanded to see his tax returns. First it was Newt Gingrich, and now it’s his arch enemy President Obama.

Give the guy a break okay?

How easy do you think it is (even with a platoon of lawyers) to account for all of his monies strewn around in the Cayman Islands and Switzerland?

It takes time to cook that extra set of books to make it look like he paid taxes on his millions stashed overseas.

Just take it easy. He’ll release the final figures…days after the election. Can’t people just take Mitt’s word that he pays his fair share of taxes?

Records showed that Romney paid an effective tax rate of about 14 percent in 2010, a tax rate stemming from the fact that the bulk of Romney's income comes from capital gains and investments.

It’s no wonder Romney’s camp is against Obama’s proposed “Buffet Rule” where the uber wealthy like him would have to pay a minimum tax rate of 30 percent.

It’s really quite touching. Romney’s camp says he doesn’t think of himself as a rich guy. Maybe that’s why he’s stashing money overseas for a rainy day.

All this talk about Mitt not being able to relate to common Americans…well, it’s just talk. Ask any of his friends (like the NASCAR team owners) if he’s snooty. They’ll tell you he’s a regular guy (he even wears jeans for photo ops).

No comments:

Post a Comment

Feel free to comment on anything you see and read here. This is an open forum.
Please keep it clean.