Why are US athletes taxed on Olympic medal wins?

[Aoxomoxoa]

what does that have to do with supporting obama paying only what is required of him by law, but not supporting romney doing the same thing?

They are out of the reach and the purview of the IRS.

[Yurt]

They are out of the reach and the purview of the IRS.

so your claim is that romney did something illegal?

and they are not out of reach. not anymore.

[Liberty]

I don't know but then again nor does everybody else.

I don't understand why you would assume this as a matter of fact. As if it's worth bringing up.

[Aoxomoxoa]

Almost all Americans have some investment in overseas companies, whether through their 401K or through simple bank accounts. Reported earnings from such accounts are not tax exempt. It is silly to suggest there is something "tax" related as to why money is in those banks.

Another thing they should pay attention to is that the money is in blind trust. He has no control over where it is invested, other than he has responsibility to pay taxes on the capital gains earnings.

So if it all so above board what's he got to worry about?

[Liberty]

Does Obama have a Swiss bank account or offshore his earnings?

Any smart rich person would have a Swiss bank account, or money offshore.

[Aoxomoxoa]

So it is ok to use one legal shelter/deduction/loophole, but not another? Just admit you are jealous of his wealth and be done with it.

I will tell why I don't want Romney to be the next president, he is the consummate Wall Street insider and there is no way he will clean the place up. Can you really see him reinstating Glass-Steagall?

[Yurt]

I will tell why I don't want Romney to be the next president, he is the consummate Wall Street insider and there is no way he will clean the place up. Can you really see him reinstating Glass-Steagall?

and obama is different.......how? do you not realize who is in obama's cabinet?

[Superfreak]

So if it all so above board what's he got to worry about?

The Dems nitpicking minute details and blowing them out of proportion? Using fear mongering and complete distortions as they have with his business record???

All we as citizens need to know is did he do anything illegal and did he pay his taxes? If not, then what is the need to release more details?

[Superfreak]

I will tell why I don't want Romney to be the next president, he is the consummate Wall Street insider and there is no way he will clean the place up. Can you really see him reinstating Glass-Steagall?

LMAO... no, but neither will Obama, instead Obama passes Dodd/Frank to dupe the idiots that follow him into believing he did something to reign in Wall St. The reality is the too big to fail got bigger under Obama and they will continue to do so.

[Damocles]

So if it all so above board what's he got to worry about?

Caving to stupid threats?

He really doesn't. The only people talking about it are those who wouldn't vote for him anyway and are trying to distract from Obama's record.

[Aoxomoxoa]

Caving to stupid threats?

He really doesn't. The only people talking about it are those who wouldn't vote for him anyway and are trying to distract from Obama's record.

I would make it mandatory for tax records to be shown by all the candidates.

[Damocles]

I would make it mandatory for tax records to be shown by all the candidates.

If you were dictator you may be able to do that. I don't disagree, but see it as a moot point. All we need are one or two years of the tax returns to see how the person lives, what they donate, etc. You get no more information from still more tax returns.

Shoot, I don't claim most of my donations, my tax returns aren't even an accurate reflection of that.

Somebody at the IRS has looked carefully at the returns of a Presidential candidate, we'd know if there was something truly problematic. That they release any more than the last year's return as they are running is amazing to me.

[Dungheap]

If you were dictator you may be able to do that. I don't disagree, but see it as a moot point. All we need are one or two years of the tax returns to see how the person lives, what they donate, etc. You get no more information from still more tax returns.

Shoot, I don't claim most of my donations, my tax returns aren't even an accurate reflection of that.

Somebody at the IRS has looked carefully at the returns of a Presidential candidate, we'd know if there was something truly problematic. That they release any more than the last year's return as they are running is amazing to me.

I think this is fucking awesome coming from the guy that was all worked up about not seeing Obama's college records.

Also, too, the idea that we'd hear from the IRS if a presidential candidate's tax returns are squirrely is horseshit speculation having no basis in reality whatsoever.

[Jarod]

The Dems nitpicking minute details and blowing them out of proportion? Using fear mongering and complete distortions as they have with his business record???

All we as citizens need to know is did he do anything illegal and did he pay his taxes? If not, then what is the need to release more details?

Romney should have a bit of faith in the American People to see whats real and whats not.

[Jarod]

yet you constantly defended obama by saying all he has to do is pay what is legally required.

the utter hypocrisy by the dems like jarod, bijou and dune is appalling.

I dont blame him personally for taking every advantage available to him, he should. Its just that he is a walking example of whats wrong with our tax code.