Qtec
08-10-2012, 12:55 AM
link (http://www.youtube.com/watch?feature=player_embedded&v=DABbkpHzg3o)
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">A new ad released by the Obama campaign Thursday suggests that Mitt Romney might have paid nothing in taxes at some point. The ad plays a clip of a recent interview in which <span style='font-size: 14pt'>Romney said he was "happy to go back and look" to see if he had paid a rate lower than 13.9 percent -- but he never did get back to the voters on that.</span>
"Did Romney pay 10 percent in taxes? 5 percent? Zero?" asks a narrator. "We don’t know." </div></div>
No we don't. But Hey, Romney is a man of God and can always be trusted.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">This website uses the infamous son of Boss tax shelter as a tool to explain how our tax code has been manipulated by some of the sharpest and most devious minds in the country. At its core, the son of Boss tax shelter involves the same concept employed by other tax shelters to reduce or eliminate capital gains: the creation of an artificial tax loss to offset a taxable gain. <span style='font-size: 14pt'>What sets the son of Boss tax shelter apart is the magnitude of tax dollars lost to the U.S. Treasury, as well as the tortured logic of its creators.</span> Understanding how the son of Boss transaction distorts economic reality offers an insight into how all tax shelters work, as well as how the dysfunctional nature of our current tax code provides the opportunity to attain such illogical results. </div></div>
link (http://www.son-of-boss.com/)
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style='font-size: 14pt'>In his key role as chairman of the Marriott board's audit committee, Romney approved the firm's reporting of fictional tax losses exceeding $70 million generated by its Son of Boss transaction.</span> <u>His endorsement of this stratagem provides insight into Romney's professional ethics and attitude toward tax compliance obligations.</u> </div></div>
Can't wait to see those tax returns. /forums/images/%%GRAEMLIN_URL%%/grin.gif
Q
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">A new ad released by the Obama campaign Thursday suggests that Mitt Romney might have paid nothing in taxes at some point. The ad plays a clip of a recent interview in which <span style='font-size: 14pt'>Romney said he was "happy to go back and look" to see if he had paid a rate lower than 13.9 percent -- but he never did get back to the voters on that.</span>
"Did Romney pay 10 percent in taxes? 5 percent? Zero?" asks a narrator. "We don’t know." </div></div>
No we don't. But Hey, Romney is a man of God and can always be trusted.
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body">This website uses the infamous son of Boss tax shelter as a tool to explain how our tax code has been manipulated by some of the sharpest and most devious minds in the country. At its core, the son of Boss tax shelter involves the same concept employed by other tax shelters to reduce or eliminate capital gains: the creation of an artificial tax loss to offset a taxable gain. <span style='font-size: 14pt'>What sets the son of Boss tax shelter apart is the magnitude of tax dollars lost to the U.S. Treasury, as well as the tortured logic of its creators.</span> Understanding how the son of Boss transaction distorts economic reality offers an insight into how all tax shelters work, as well as how the dysfunctional nature of our current tax code provides the opportunity to attain such illogical results. </div></div>
link (http://www.son-of-boss.com/)
<div class="ubbcode-block"><div class="ubbcode-header">Quote:</div><div class="ubbcode-body"><span style='font-size: 14pt'>In his key role as chairman of the Marriott board's audit committee, Romney approved the firm's reporting of fictional tax losses exceeding $70 million generated by its Son of Boss transaction.</span> <u>His endorsement of this stratagem provides insight into Romney's professional ethics and attitude toward tax compliance obligations.</u> </div></div>
Can't wait to see those tax returns. /forums/images/%%GRAEMLIN_URL%%/grin.gif
Q