FAQ: Since most literate people already know that those like Romney pay little or no tax anyway, why not release?
the returns?
For those who bothered to read The Big Short, its common knowledge.
Hedge Fund Manager John Paulson earned 24 Billion and owned 0 tax.
Here is how it worked.
Paulson shorted the mortgage market by buying CDS from AIG.
When AIG failed and could not pay, the government stepped in a took care of Paulson to the tune of 12 Billion in taxpayer dollars.
But the year before, Paulson showed loses on his books and ?carried? the loss forward.
Paulson then used his bailout money to buy gold, earning another 12 Billion and was able to use the paper loses to cover his tax bill.
These are common stategies used by Romney and his Class to avoid paying their Fair Share.
We all know this so why not just show us what we already know.
Harry is correct and we all know it.
Goldsenze Answer:
Only an idiot would let their opponent (Obama) call the shots.
No matter what Romney releases Obama will twist and lie about it and demand more.
It would never be enough so why bother playing that game?
posts you may find of interest:
- We Pay Tax For The Privilege To Have Currency by Michael Maloney
- Q: I personally think it would be easier to let lazy welfare people to die off and not pay for their lexus?s and ?
- FAQ: With Obama?s proposed capital gains tax hikes, what should I invest in, as I am afraid?
- I want to buy silver and gold, but don?t want to open up a shop. Where can I find people who want to sell it?
- Q&A: Why are Dem unions never satisfied with the massive amount of taxes you pay to fund their benefits & pensions?
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