[Summit] It's a crime!

[Emlyn Addison]

Oops that's because I pasted the wrong link; it began with a DailyKos piece
which cited a number of sources, but I'm seeing links all over the place
now:
http://www.dailykos.com/story/2012/11/04/1155381/-Breaking-Romney-Paid-Zero-Taxes-From-1996-To-2009

They're obviously careful to clarify that their assessment is only
"theoretical" (whatever that means in this context). I confess that I had
never heard of a "CRUT" before (
http://en.wikipedia.org/wiki/CRUT#United_States) ...probably why I'm not a
1%er. But whatever small portion of his income this may in fact comprise,
it doesn't particularly "feel" on the up-and-up.

The loophole was apparently closed in 1997 yet somehow it's still permitted
in some cases.

This wasn't intended as a "distortion", just an addendum to a pattern of
behavior--secrecy is probably more accurate--which, most notably, involves
Mr Romney's faith and his taxes, here forever enshrined in LDS-IRS unity.

Emlyn



On Mon, Nov 5, 2012 at 11:39 AM, Art Norwalk <art at norwalkcom.com> wrote:

>  Nowhere does this article say anything about how much tax Romney paid
> between 1996 and 2009. The candidates do enough distorting; they don't need
> help from us.
>
>
>
> True; I guess "fiscal conservatism" is in the eye of the beholder: "Hey,
> if we cut all these social programs for those 47% of freeloading, thieving,
> victimized layabouts, then we're being fiscally conservative!"
>
> What is, perhaps, most egregious--and ironic--in all this is that Mitt
> Romney apparently paid nearly zero income taxes between 1996 and 2009 (the
> year before the 2010 tax return he actually made public):
> http://www.bloomberg.com/news/2012-10-29/romney-avoids-taxes-via-loophole-cutting-mormon-donations.html
>
> So Mr Romney, it turns out, is one of the 47%. Interesting.
>
> Emlyn
>
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