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DemocracyInaction

(2,506 posts)
Mon Jul 16, 2012, 01:41 PM Jul 2012

Could Mitt's Tax Returns/Financial Info Involve the Mormon Church

Avoiding taxes, off-shore accounts and shippng US jobs overseas are all things that would make Mitt a right-wing hero. They wouldn't turn that sick base against him. But what might?

Mitt's not just an everyday Mormon. He's a bishop and gives a great deal of money to the church. Could his financial business involve hiding church money and building a structure for a Mormon hope of controlling this country, it's businesses, it's money, etc.? Any such thing would send the Christian right into a pitch-fork mob. There are corporations in the US that are already very Mormon controlled (like Alcoa). I think the depth of his involvement fiscally in that church should be looked into.....and the makeup of his off shore investments should be looked into for such a link.


9 replies = new reply since forum marked as read
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Could Mitt's Tax Returns/Financial Info Involve the Mormon Church (Original Post) DemocracyInaction Jul 2012 OP
LDS is a tithing church IIRC... Wounded Bear Jul 2012 #1
Romney is not a mormon bishop Jayce Cox Jul 2012 #2
Is it possible that the Mormon church is donating to Romney SuperPacs? JoePhilly Jul 2012 #3
fair question Jayce Cox Jul 2012 #6
As a former mormon myself, I call BULLSHIT on your post. arbusto_baboso Jul 2012 #4
Call Bull Crap if you will Jayce Cox Jul 2012 #7
Yes, ROMNEY was never paid clergy. arbusto_baboso Jul 2012 #9
The one he released showed substantial donations to LDS Retrograde Jul 2012 #5
he paid zero or very low taxes on massive income Enrique Jul 2012 #8

Wounded Bear

(58,726 posts)
1. LDS is a tithing church IIRC...
Mon Jul 16, 2012, 01:50 PM
Jul 2012

He at least has deductions for that, I'm sure.

I wonder if he receives compensation for his bishopric?

In some respects, I've heard that the Mormon church is a bit of a ponzi scheme, where rising in the church leads to wealth. Of course, most churches kind of work that way anyway.

Jayce Cox

(34 posts)
2. Romney is not a mormon bishop
Mon Jul 16, 2012, 04:37 PM
Jul 2012

Romney served as an unpaid bishop and in other higher church leadership positions. All local church leadership is unpaid, Romney never received any compensation for his church duties. Romney is no longer a bishop and is just "Brother Romney" to the rest of us Mormons. The Church of Jesus Christ of Latter-Day Saints (Mormons) is hardly a ponzi scheme, and to assert such is just childish.

He gave 10% tithe and I'm sure extra to other church funds. Just like I do, my parents and Grandparents. There are thousands of Obama supporting mormon democrats, please stop treating us like the Bogey man.
Respectfully
Jayce Cox
Helena, Montana

JoePhilly

(27,787 posts)
3. Is it possible that the Mormon church is donating to Romney SuperPacs?
Mon Jul 16, 2012, 04:41 PM
Jul 2012

Citzen's United allows them to do so, right ... through the churches business holdings, which as I understand are substantial.

Sounds like you have some insight here, and this has been a question I have wondered about.

Jayce Cox

(34 posts)
6. fair question
Wed Jul 18, 2012, 10:50 PM
Jul 2012

While any business that is owned by the LDS Church will not donate to political PACs or Super PACs for fear of bad press, you had better believe that the Marriott Board members and other Member owned business will surely kick in a fair share. When I lived in Nevada I worked for a large mormon owned accounting firm, and we all donated to Harry Reid's campaign although the rules were much different then.

arbusto_baboso

(7,162 posts)
4. As a former mormon myself, I call BULLSHIT on your post.
Mon Jul 16, 2012, 04:43 PM
Jul 2012

The LDS church is NOTHING BUT a Ponzi scheme.

And your clergy is NOT unpaid. Above the level of Stake President, ALL serving officials are paid, quite handsomely, in fact.

Of course, we could verify this with numbers, except... oh, that's right, the LDS church doesn't release its financial records.... just like Mitt.

Jayce Cox

(34 posts)
7. Call Bull Crap if you will
Wed Jul 18, 2012, 10:53 PM
Jul 2012

We both know that Romney never was paid clergy.

If the LDS Church is a ponzi scheme I surely think it is a well managed one. Like my mama say's go big or go home.

Bless your Heart!

arbusto_baboso

(7,162 posts)
9. Yes, ROMNEY was never paid clergy.
Thu Jul 19, 2012, 12:26 AM
Jul 2012

But that's not what I said. Trust a TBM to twist my words.

And keep your meaningless blessings to yourself. Your "priesthood power" is nothing.

Retrograde

(10,162 posts)
5. The one he released showed substantial donations to LDS
Mon Jul 16, 2012, 04:43 PM
Jul 2012

Over 10% directly, IIRC, and a large chunk via his own charitable foundation, so I doubt that's what he's hiding.

I'm thinking it's something illegal: failure to report income, claiming residencies in states other than Massachusetts to avoid paying taxes, claiming one state as his residence for voting purposes and another for tax purposes.

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