Can People as Rich as Romney Escape Taxes? They Can.

Discussion in 'News & Current Events' started by Crabtownboy, Aug 10, 2012.

  1. Crabtownboy Well-Known Member
    Site Supporter

    Joined:
    Feb 12, 2008
    Messages:
    18,441
    Likes Received:
    259
    Faith:
    Baptist
    I am sure they legally avoided paying any taxes at all ... zero and it was legal.

     
  2. Robert Snow New Member

    Joined:
    Mar 9, 2009
    Messages:
    4,466
    Likes Received:
    3
    Do you pay more tax than you have to?
     
  3. Crabtownboy Well-Known Member
    Site Supporter

    Joined:
    Feb 12, 2008
    Messages:
    18,441
    Likes Received:
    259
    Faith:
    Baptist
    Probably. I am not rich enough to hire accounts and tax lawyers to advise me on how to avoid paying taxes.

    How about you?
     
  4. billwald New Member

    Joined:
    Jun 28, 2000
    Messages:
    11,414
    Likes Received:
    2
    If Romney's taxes were increased by 5 times would his standard of living decrease? 10 times? I doubt it.

    If your taxes were were increased by 10% would your standard of living change?

    We probably give as much to the kids as we pay in income tax so if our taxes were doubled our standard of living might not change but their's might.
    <G>


    Read someplace that tax loop holes save big business more than they pay in income taxes.
     
  5. LadyEagle <b>Moderator</b> <img src =/israel.gif>

    Joined:
    Feb 7, 2002
    Messages:
    22,028
    Likes Received:
    1
    The topic of Mr. Romney's taxes has been covered at length in the politics forum. This is merely a duplicate thread on the same topic and is being closed. Please do not start duplicate threads in these forums. This is basically a violation of

    Posting Rule #13: No cross posting. Do not post the same message to more than one forum.

    Changing the title does not change the substance of the duplicate message.

    Lady Eagle
    Moderator