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Related: About this forumChris Wallace: Romney's Tax Returns 'Politically Toxic'
Not only does FoxNews' Chris Wallace note that he pays A LOT MORE than 13%, he also notes that Romney SHOULD have seen this coming years ago -- as he's been running for President for years now and it was bound to come up. He also notes that the secret tax returns issue is having an effect on the Romney Campaign acknowledging, "Any day that THAT'S the topic, it's a bad day for Mitt Romney."
Even the in-the-tank-for-Mitt Fox News Channel is losing faith that this ticket is going anywhere but down. And these are the ones who are supposed to be rooting for him to win the election.
Oh Mitt Romney, you didn't need a Sarah Palin to sink your campaign - you've got YOU to do it all by your little 'ol self.
riverbendviewgal
(4,254 posts)He really points out that the taxes are a big problem...and that Romney is elite.
Cha
(297,732 posts)good way. Chris Wallace could be ignoring it and talking about how good looking(Gag) lyin ryan is.
NYC Liberal
(20,136 posts)MichiganVote
(21,086 posts)R. Daneel Olivaw
(12,606 posts)Really. If there was nothing to hide then why hide it?
It's that simple.
Mittens is a real phucher.
jmowreader
(50,566 posts)A couple of days ago I pointed out that Romney is the poster boy for all the shit the Republicans say is wrong with the tax code.
The GOP has always claimed that "closing loopholes" (removing deductions and credits...like the child tax credit, earned income credit and homeowner mortgage deduction) and lowering rates is all that's needed to fix the tax code.
Romney presents a huge problem for this theory in that somehow or another Romney figured out a way to use every single loophole Title 26 allows, which is one of the two reasons Romney's taxes are so low. (The other, as we all know, is Romney hasn't had a real job in his life. Everything he's done since he got back from converting the French to Mormonism--which worked about as well as the GSI deal when people found out Mormons can't drink wine--has paid him in money taxable as capital gains.)
tomm2thumbs
(13,297 posts)guess we won't see any beer summits out of Mitt either...
jmowreader
(50,566 posts)There's a nice sledgehammer and set of prison denims waiting for Mitt if it turns out he was running Bain Capital after he told the SEC he'd quit.
vlyons
(10,252 posts)jmowreader
(50,566 posts)but if Romney were arrested in Idaho, he would be first sent to a county jail to await trial and sentencing. Before he was sentenced he would wear a color-coded uniform. A cop was in the shop one day when I was working on our weekly Most Wanted list pictures so I asked him what the color code means: in this county orange is general inmates, red is maximum security inmates and green is special handling inmates--protective custody, infirmary patients, mental patients, whatever. After conviction the general inmates wear blue uniforms inside the jail and white coveralls on work details. If the prisoner is transferred to state custody he still wears the blue uniform.
So...if he went up in Idaho we would not want him to be in an orange uniform as it would indicate there being a (small) possibility of his getting off. Blue, there's no doubt history would not look kindly on him. "Romney: the first man to run for the Big House."
Heather MC
(8,084 posts)I remember Hillary knocking back a couple in during her '08 run
I bet he is such a light weight 1/4 beer will have him giggling like a school girl and singing show tunes on the bar
tomm2thumbs
(13,297 posts)http://lds.about.com/library/weekly/aa073102a.htm
may as well tell them how to hide their taxes while they're at it....
oh, nevermind - mission accomplished
klook
(12,170 posts)while I'm having a beer with somebody I can actually stand being around?"
unc70
(6,121 posts)No way that would work.
I thought Romney had family from France, the south of France, from Remulak. Have thought that this was source of certain mannerisms and speech patterns -- things like laughing after making unusual responses in social situations.
calimary
(81,512 posts)He's from Remulak!
You just figured mitt romney out!
unc70
(6,121 posts)I've been waiting for someone to notice.
You think he was visiting fame when he had that wreck nest Pau?
Meps. Meps.
IggleDoer
(1,186 posts)Cha
(297,732 posts)will use it to attack them isn't cutting it.
They go around insulting Americans' intelligence because their base is so damn dumb and numb they'll buy any ol snake oil they're selling.
Frustratedlady
(16,254 posts)Suppose they are preparing us for a convention dump?
TheCowsCameHome
(40,169 posts)No one wants to get Titanic'd, not even Faux.
They know Rmoney is becoming more toxic by the day.
freshwest
(53,661 posts)Charles Koch has already run for POTUS on the Libertarian Party ticket. He's put so much money into the GOP, Tea Party, etc. he may have decided to go for it all.
Jackpine Radical
(45,274 posts)So they pul the plug on Mitt & run Ryan with...who? Newt the Grinch?
tomm2thumbs
(13,297 posts)Christie is the only name I hear from my moderate Republican neighbors.... they love blowhards. The extreme right wing of the party could literally say they put Christ(ie) in the White House.
I'd be afraid he'd collapse at his desk or choke on a pretzel (ala George Bush)
orpupilofnature57
(15,472 posts)tomm2thumbs
(13,297 posts)Usually these are done AFTER they lose, but I do think they really feel it is over for Mitt. I get that sense from Brit Hume, Bill Kristol and the rest, even if there are the Far Right Wingers who try to play that 'everything is just fine'.
There was no significant bounce from Ryan.
He was already going down around the beginning of August.
Even Bill Kristol, rapid Far Right Republican says Romney's numbers in the midwest 'were collapsing' and that if it continues on this path, the Democrats win. (sound is really low, so haven't posted it elsewhere)
added Bill Kristol transcript from video
'...it wasn't working very well. The numbers I've been told by private pollsters were collapsing in Ohio and the midwest a couple of weeks ago. I do think the Bain Capital attacks were working. And the tax returns... the not releasing the tax returns attacks were working... and if it stays at the level of tactics, if it stays at the level of, you know, a knife fight so to speak, I think the Democrats win.'
R. Daneel Olivaw
(12,606 posts)Cha
(297,732 posts)own Worst Enemy. Then the Kochs bring lyin' snivelin ryan on broad and ya got mini mitt.
brewens
(13,623 posts)these wealthy people trying to con us into believing they pay 50% or so. How many times have you heard that? Anyone with a clue knew it was way lower. You now have Robme along with Buffett, letting us no just how low. Of course many on the right will only fixate on the total. They do pay a lot of money in taxes. Most of us like to look at the percentage fortunately.
AlbertCat
(17,505 posts)Oh, the % changes but you hear that argument "75% (or whatever) of income taxes are paid by the 1 %!" Well, since they make a huge % of all income, let's hope so!
JDPriestly
(57,936 posts)they have income way out of proportion to the incomes of ordinary people.
This could be explained easily to a lot of people in those terms. 13% of x = 50? (or 75%) of the total revenues of the US. The x must be just huge -- enormous -- way out of bounds.
SmittynMo
(3,544 posts)If this guy (Rmoney) was as smart as he thinks he is, why didn't he clear this up years ago? And when are we going to see the full disclosure for 2011? Rmoney is very, very shady. How come he didn't file a full return during the normal deadline? Very shady indeed!!!
Sorry, but I don't trust this weasel.
Cha
(297,732 posts)over these last months and one explanation is that willard actually believes he is above all this that the average citizen or even presidential candidate has to do while applying for a J-O-B. They don't need to show no stinkin' tax returns..they're the romneys.
And, you can see it in their behavior. The tax returns must be really Loser Worthy for them to stonewall like their lives depended on it.
SmittynMo
(3,544 posts)Sorry Mittens, it stinks, just like everyone else. We all live by the same rules.
cleduc
(653 posts)".... as he's been running for President for years now"
I think he did see it coming. What he didn't see coming was the IRS being granted the ability by the court to subpoena Swiss banks in 2008 and the resulting need for him to get amnesty for the taxes he had evaded.
I think that's why the Obama campaign limited their request to five years - even though 2002 probably shows him being paid a hefty salary by Bain (after he'd retroactively retired).
He's not going to produce those returns because it would effectively end his candidacy. He'd probably withdraw before doing that.
After the convention, when the GOP are more or less stuck with him, with too little time to react and many of the GOP ads produced with Romney, the Obama campaign will probably suggest a 3rd party auditor that won't reveal the tax returns themselves. That largely kills Romney's excuse that he would be attacked by new information. The auditor would answer the seven or so questions the Obama campaign/the media has. End of issue for Romney ... until he declines and the media and the electorate smells blood.
It will come up again for sure when he releases his 2011 return.
This is far from over.
At the very least, the entire nation may not know for sure if Romney evaded taxes but most will know he evaded answering that question.
unblock
(52,332 posts)you're right, if he had half a brain, he would have taken steps to make sure his irs forms were nice and clean.
aside from an absurdly low tax rate, that is. the difference between 13% and 26% on his staggering income is crazy money, money that he could easily spend on an ad buy to clean up his image.
but the swiss bank thing is very plausible because he could easily have figured that running all the dodgy stuff through swiss banks successfully keeps his irs forms clean.
until he had to accept the amnesty deal.
now at that point, a reasonable man might well have realized he couldn't get elected, but rmoney is a man used to winning and winning BIG when all around him are losing everything.
Frustratedlady
(16,254 posts)going after US accounts in Swiss banks. I realize an intelligent person would keep their mouth shut, but I don't put Romney (or Ryan) in that category.
Wouldn't that be fun to dig up?
JDPriestly
(57,936 posts)Romney has done something either illegal or extremely embarrassing.
We are photographed; our luggage is x-rayed and sorted; our internet communications are scrutinized and inspected and all that by the President of the US who directs the Homeland Security Department. If Romney wants to be president and to have all that power to investigate our personal lives and communications, our personal travel, then he should be completely willing for us to see his income tax returns.
We want to see the returns and not some audited, edited, expurgated, Baudelarized, softened down, nicey-nice, incomplete responses to questions.
Why should I trust Romney's appointees to investigate my personal life if he can't show me that he paid all of his taxes as he should have? And that there is nothing in his financial history that he should be ashamed of or concerned about?
Voice for Peace
(13,141 posts)cleduc
(653 posts)for tax disclosure (if he's allowed to provide 2 yrs of tax returns missing forms)
So they can't "make" him do more than that legally.
And if Romney's got things in those tax returns that would kill his candidacy, he'd withdraw before he'd reveal those returns. Why should he reveal them if it's going to end his candidacy? He'd take a more graceful exit.
I think Obama et al know what's in those returns to some significant degree. So it's a chess game, moving piece by piece, to squeeze Romney to the extent that even if he doesn't disclose them, he's hurt his ability to get elected significantly.
I do think it would be a mistake to close him out too soon on this if there's a serious end game that would force Romney to withdraw because it gives the GOP a chance to regroup with another candidate.
So I like how they're handling it.
Heavy odds are, we'll never see those returns. As long as the damage helps Obama win the election, I don't really care deeply if we do.
JDPriestly
(57,936 posts)I don't think that Obama should let Romney off the hook on this.
We need to see the tax returns. Meeting the legal requirement is the minimum. It is unacceptable as long as Obama's tax returns are out there, and Romney is running on the claim that he has such business acumen.
cleduc
(653 posts)there's not much Obama can do beyond what they're doing: keep the media heat on him.
As George Will suggested, if Romney feels the political damage from showing them is worse than the political damage from not showing them, we'll never see them. The longer this goes on, the less likely it is that we'll ever see them. And there's little Obama can do beyond the sorts of things his campaign is already doing - ramping up the delivery of political damage by keeping the story alive in the media. Obama has no legal recourse. Sadly, there's a risk of the media tiring of the story because eventually, there's little new going to come out.
JDPriestly
(57,936 posts)When Romney realizes that we are assuming worse than the reality, he will release the returns (or if the reality is really that horrible continue to refuse to release them) and then the truth will be out.
I'm for exposing the truth. It's the secret of good relationships. Being able to tell the truth tactfully. Along with having a good sense of humor and humility. All you need.
madaboutharry
(40,224 posts)that Romney ran in the first place. With that kind of skeleton in the closet, Romney had no right to run. He is damaging the entire party.
SmittynMo
(3,544 posts)greiner3
(5,214 posts)Is Chris doing at Fox? His dad must be turning over in his bed; or something like that.
HopeHoops
(47,675 posts)Cha
(297,732 posts)Kochs.
tomm2thumbs
(13,297 posts)that goes double for the missus
SmittynMo
(3,544 posts)Awwww!!! Ya know, the problems each of us have, is usually brought on by ourselves. Mittens is no exception.
Iliyah
(25,111 posts)I don't trust him nor that gawd damn station.
The Wizard
(12,549 posts)when there is no time to verify them.
bucolic_frolic
(43,311 posts)Wonder why he doesn't release fake returns? Is there a fact checking
committee that compares them to what's on file for the IRS?
It would be the greatest HOAX since Clifford Irving's "autobiography" of
Howard Hughes
Oh, wait, there was Election 2000 Florida
Election 2004 Ohio
Weapons of Mass Destruction
McCain's VP pick
Romney's VP pick
Voice for Peace
(13,141 posts)astonishing.. what are they thinking?
GutYeah
(3 posts)the pursuit of more than 2 year tax returns from Mitt is a non issue. Yes he is rich and paid taxes in accordance with IRS rules and regs. Did you know GM paid no taxes last year? Well I would also like to to see Obama's college transcripts which he refuses to release.
tomm2thumbs
(13,297 posts)And just what the fk, do you think are in the transcripts.... How he lied about being Kenyan, or maybe his birth certificate is from Canada..... He was head of the Harvard Law Review. Let time I checked, that's hard to fake. go to conservative up skirts or something, but don't waste our time with phony Trumped up charges.....think about it, if anything about this guy was not American, do you really think he would have gotten this far in politics.....even elected senator?
Webster Green
(13,905 posts)On the other hand, Obama's college transcripts are not an issue at all.
See how you've got this stuff all backwards?
DearAbby
(12,461 posts)you doubt his education? You doubt Obama is intelligent? How is this relevant?
rtracey
(2,062 posts)Do you really think Fox news wants Romney to win. They get their highest ratings of President Obama's back. If Romney would win, think about it, what would Hannity, O'Reilly, Malkin, and those ass wipes on that morning show talk about, how well Romney is doing......think about it
bluestateguy
(44,173 posts)I don't remember because I don't watch that channel.
Lint Head
(15,064 posts)Quantess
(27,630 posts)They know they fucked up badly by letting Romney get this far without properly vetting him first, and now it is too late to save the election. Forget about it.
So next, we are going to see a shift toward saving congressional seats and GOP on the state and local level.
mike dub
(541 posts)...and neither Chris Wallace nor the Los Angeles FOX affiliate anchor is caring FauxNews' water (the standard Lies and bullshit) in this liveshot. Kind of refreshing to hear Wallace talking candidly, "off the grid".
mgarr
(41 posts)Tax Returns, Please.
It was Ronald Reagan who said, "Trust, but Verify."
Re his tax returns, Mr. Romney has said, "Trust me."
OK.
Now for the "Verify" part.
Release the tax returns, Mr. Romney.
63% of American voters want to see them.
And so do I.
Sincerely,
One of Ann Romney's "little people."
Dustin DeWinde
(193 posts)So he points out that Romneys tax returns are politically toxic. But he is now a fox zombie so he says there is "nothing illegal" in romneys taxes. How would he know? Has he seen them? If not then he is talking out of his ass. If Romney HAS given his returns to fox, all the more reason to let the rest of us see them.