Romney's 2011 tax return released

[lawgator1]

I really don't see how Romney's personal tax returns tell us much, if anything at all, about the specific deals at Bain and which ones gutted companies, which ones worked, which ones sent jobs overseas, etc. That's just a labyrinth not worth going into, in the end.

More likely issues are: 1) Overall gestalt of wanting to cut spending on the safety net for the middle class and cut taxes on the wealthy, when you make more in one year off of investments than 90 percent of us make in a lifetime; 2) Possible audit or some forced correction that just looks bad; 3) the issue of the IRA and the explosion in its value.

 

[PKT_VOL]

I really don't see how Romney's personal tax returns tell us much, if anything at all, about the specific deals at Bain and which ones gutted companies, which ones worked, which ones sent jobs overseas, etc. That's just a labyrinth not worth going into, in the end.

More likely issues are: 1) Overall gestalt of wanting to cut spending on the safety net for the middle class and cut taxes on the wealthy, when you make more in one year off of investments than 90 percent of us make in a lifetime; 2) Possible audit or some forced correction that just looks bad; 3) the issue of the IRA and the explosion in its value.

1) The "safety net" is out of control. You know this. The tax cuts are for everyone. Cut spending first, then we can talk about increasing taxes. Giving the government more money at this time is asinine.

2) Audit of what?

3) It is a non-issue.