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Romney exposed in $100 million tax evasion scheme

 
Anonymous Coward
User ID: 25342985
United States
11/06/2012 11:17 AM
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Romney exposed in $100 million tax evasion scheme
Investigative reporters at a respected Dutch newspaper, De Volkskrant, published a story that Mitt Romney avoided $100 million in dividend taxes using a complex route that ran through The Netherlands. The mechanism used an arcane clause in the tax treaties that determine which country can tax which type of income when a construction, in this case a private equity fund, runs through multiple countries. Some of the data came from legal documents filed with the Dutch Chamber of Commerce. The reporters repeatedly asked Romney to comment on the story but he refused. A translation of the original dutch language article:

[link to www.electoral-vote.com]
Anonymous Coward
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11/06/2012 11:20 AM
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Re: Romney exposed in $100 million tax evasion scheme
bump
Anonymous Coward
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11/06/2012 11:22 AM
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Re: Romney exposed in $100 million tax evasion scheme
bump

Another scheme he set up has his funds 300 feet from my house
Jericho9

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11/06/2012 11:22 AM

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Re: Romney exposed in $100 million tax evasion scheme
Investigative reporters at a respected Dutch newspaper, De Volkskrant, published a story that Mitt Romney avoided $100 million in dividend taxes using a complex route that ran through The Netherlands. The mechanism used an arcane clause in the tax treaties that determine which country can tax which type of income when a construction, in this case a private equity fund, runs through multiple countries. Some of the data came from legal documents filed with the Dutch Chamber of Commerce. The reporters repeatedly asked Romney to comment on the story but he refused. A translation of the original dutch language article:

[link to www.electoral-vote.com]
 Quoting: Anonymous Coward 25342985


Give it up shill, no one is buying it.
Anonymous Coward
User ID: 941862
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11/06/2012 11:23 AM
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Re: Romney exposed in $100 million tax evasion scheme
White house basement shill, move on we have had enough of your dis-information crap
Anonymous Coward
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11/06/2012 11:26 AM
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Re: Romney exposed in $100 million tax evasion scheme
bump
Bluebird

User ID: 730536
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11/06/2012 11:26 AM

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Re: Romney exposed in $100 million tax evasion scheme
Guess it's lost on some that Romney supporters are not for the excessive taxation practices of our government.



It's just more money for the Democrats to use to buy themselves votes.
One of the most important aspects of conspiracy theories is being able to discern when there isn't one.

Oh yeah, like you'd understand anyway.

Where are we going and why am I in this handbasket?. . .J. Handy
Anonymous Coward
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11/06/2012 11:32 AM
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Re: Romney exposed in $100 million tax evasion scheme
I too am guilty of a tax evasion scheme. I take every deduction the law allows. I also invest in such a way that I can take advantage of every "loophole" allowing tax minimization.

Romney's critics have tried for YEARS to find illegal tax evading activity on his part. They've come up with zip.

Nice try, no cigar.
Anonymous Coward
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11/06/2012 11:36 AM
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Re: Romney exposed in $100 million tax evasion scheme
bump

Pin it
Pin it
Pin it
Pin it
Pin it
Anonymous Coward
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11/06/2012 11:58 AM
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Re: Romney exposed in $100 million tax evasion scheme
Investigative reporters at a respected Dutch newspaper, De Volkskrant, published a story that Mitt Romney avoided $100 million in dividend taxes using a complex route that ran through The Netherlands. The mechanism used an arcane clause in the tax treaties that determine which country can tax which type of income when a construction, in this case a private equity fund, runs through multiple countries. Some of the data came from legal documents filed with the Dutch Chamber of Commerce. The reporters repeatedly asked Romney to comment on the story but he refused. A translation of the original dutch language article:

[link to www.electoral-vote.com]
 Quoting: Anonymous Coward 25342985


Give it up shill, no one is buying it.
 Quoting: Jericho9


Definitely to late shill, sorry you lose!
Anonymous Coward
User ID: 11274618
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11/06/2012 12:00 PM
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Re: Romney exposed in $100 million tax evasion scheme
Pin this shit
bill shitters 1.2

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11/06/2012 12:05 PM

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Re: Romney exposed in $100 million tax evasion scheme
Nice to see that the people at the top have the same flaws

While the middle has to pay for everything
The retired thread killer


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we come in peace shoot to kill
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Anonymous Coward (OP)
User ID: 25342985
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11/06/2012 12:18 PM
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Re: Romney exposed in $100 million tax evasion scheme
Give it up shill, no one is buying it.
 Quoting: Jericho9


Definitely to late shill, sorry you lose!
 Quoting: Anonymous Coward 17828461



I lost alright - I voted for Johnson.
NightWisp

User ID: 25023241
United States
11/06/2012 12:19 PM

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Re: Romney exposed in $100 million tax evasion scheme
Nice try. No cigar. How much has the Obama team stolen. There seems to be many off shore bank accounts of a lot of money.
Anonymous Coward
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11/06/2012 12:23 PM
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Re: Romney exposed in $100 million tax evasion scheme
pigchef
Voting Means Nothing!!
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11/06/2012 12:24 PM
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Re: Romney exposed in $100 million tax evasion scheme
I too am guilty of a tax evasion scheme. I take every deduction the law allows. I also invest in such a way that I can take advantage of every "loophole" allowing tax minimization.

Romney's critics have tried for YEARS to find illegal tax evading activity on his part. They've come up with zip.

Nice try, no cigar.
 Quoting: Anonymous Coward 26245732


It's way past loopholes.. It's more criminal at this point!
Anonymous Coward
User ID: 10372663
United States
11/06/2012 12:37 PM
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Re: Romney exposed in $100 million tax evasion scheme
Give it up shill, no one is buying it.
 Quoting: Jericho9







Now wait a minute what's the problem the shill is actually letting us know how resourceful Romney really is. The problem is people like the OP are jealous they have the intellect to use the system.

If Romney had done anything at all illegal the obummer camp would have been all over it and considering they run the IRS the IRS would have been all over it so this is a FAIL!!!!

THANKS OP MMMM I mean spin doctor for reminding us what a good business man Romney is and how lame obummer is for sending people as stupid as you to influence us!
Anonymous Coward
User ID: 10372663
United States
11/06/2012 12:38 PM
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Re: Romney exposed in $100 million tax evasion scheme
That should read DON'T have the intellect.
Anonymous Coward
User ID: 21235597
11/06/2012 12:42 PM
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Re: Romney exposed in $100 million tax evasion scheme
Tax Tards....

Quoted from [link to www.assetlawyer.com]


Judge Billings Learned Hand (1872-1961), one of the most important federal judges of the last century, wrote:

"Over and over again, courts have said that there is nothing sinister in arranging one's affairs as to keep taxes as low as possible. Everybody does so, rich and poor; and all do right, for nobody owes any public duty to pay more than the law demands: taxes are enforced exactions, not voluntary contributions."

Commissioner of Internal Revenue v. Newman, 159 F.2d 848 (2d Cir. 1947) (dissenting opinion).

Moreover, Justice George Sutherland (1862-1942) of the United States Supreme Court wrote:

"[T]he legal right of a taxpayer to decrease the amount of... what otherwise would be his taxes, or altogether avoid them, by means which the law permits cannot be avoided."

Gregory v. Helvering, 293 U.S. 465 (1935).

These words establish a clear principal: Tax minimization, through legal means, is not only allowable, it is wise and it is universal.

There is absolutely nothing immoral, illegal, unethical or even unpatriotic about minimizing your tax obligation.


Sorry if you don't like the fact that the insanity of the IRS code drives productive and profitable individuals and corporations to arrange their affairs in a manner that moves money outside the United States. But, you've allowed your politicians to do it, and people will use whatever means necessary to avoid paying taxes, even to the absurd measures that appear to be unethical or even criminal.

Of course, you'd need to travel the world and study history to understand such things. AVOIDING taxes is nothing new. And nothing sinister or unfair, much less criminal as some portray it.

Ever been to Amsterdam. Want to know why the houses look the way they do? Taxes.

Taxation distorts human action and causes people to act in ways that sometimes are counter productive to everyone.

from [link to freestudents.blogspot.com]

So now you want to harp on a story from a Dutch newspaper about Romney. The Dutch are the starkest physical example of tax avoidance.
Anonymous Coward
User ID: 21235597
11/06/2012 12:46 PM
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Re: Romney exposed in $100 million tax evasion scheme
Trust me when I say that the IRS and Treasury LOVE to make examples of big-time tax EVADERS -- whether big celebrity or big money people -- in order to scare the rest of us sheeple into compliance.

If they had something on Romney or any of his businesses, they'd have made a case out of it, especially at the bequest of the sitting president and his party.

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