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Reid Hitting Romney Hard Over (Possibly) Unpaid Taxes

bareboards2 says...

I said "legally" can't not report it.

This amnesty program is about tax cheats about to be caught. Which isn't the olly olly oxen free deal. That was about corporations working solely on foreign soil.

Although there is an interesting point buried in here....

IF Rmoney in PRIOR YEARS hadn't reported his Swiss earnings, that would show up on prior years' tax returns. 2006-2009 no Swiss earnings, then, boom, amnesty for prior years and the Swiss earnings show up.

I doubt that he would do that, though. His presidential ambitions have been blatant for years. To lie on his tax returns with the possibility of getting caught.... I doubt he would do that.

Of course, Dem Charles Rangel didn't report the rental income from his Jamaican property. Maybe Rmoney would be that stupid.

I doubt it though....



>> ^ObsidianStorm:

Well, I don't claim to be an expert on the topic but from what I have read about the 2009 amnesty program, it appears to apply to individuals with Swiss bank accounts...

From the Oct 2009 LA Times,
"Some 3,000 U.S. residents have voluntarily disclosed their foreign bank accounts to the IRS this year, compared to fewer than 100 in 2008, said one U.S. government official who asked not to be identified.
Demand for the amnesty program exploded in August when Swiss bank UBS agreed to settle U.S. criminal charges that it had engaged in a "multibillion-dollar scheme" to help U.S. taxpayers hide assets from the IRS."

Admittedly this is just speculation and I have no proof that Romney ever did this. But to state the obvious, whatever is in his tax returns is political kryptonite or he would never put up with the beating he's taking (and will continue to take) for this...

Reid Hitting Romney Hard Over (Possibly) Unpaid Taxes

ObsidianStorm says...

Well, I don't claim to be an expert on the topic but from what I have read about the 2009 amnesty program, it appears to apply to individuals with Swiss bank accounts...


From the Oct 2009 LA Times,

"Some 3,000 U.S. residents have voluntarily disclosed their foreign bank accounts to the IRS this year, compared to fewer than 100 in 2008, said one U.S. government official who asked not to be identified.

Demand for the amnesty program exploded in August when Swiss bank UBS agreed to settle U.S. criminal charges that it had engaged in a "multibillion-dollar scheme" to help U.S. taxpayers hide assets from the IRS."


Admittedly this is just speculation and I have no proof that Romney ever did this. But to state the obvious, whatever is in his tax returns is political kryptonite or he would never put up with the beating he's taking (and will continue to take) for this...

How To Make Beignets!

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