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Will Romney Lose Nomination Due to Tax Evasion? (Not PN)

POSTED BY: KWICKO
UPDATED: Tuesday, July 24, 2012 04:28
SHORT URL:
VIEWED: 1459
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Monday, July 23, 2012 12:51 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Not my title, the author's.



Quote:

An interesting rumor, based on legal fact, just started flying around about this year’s presidential race: Mitt Romney might have to give up his Republican Party nomination.

After all, just like no one with a criminal record can be president, neither can anyone who received amnesty for a crime, either.

And Romney’s consistent refusal to release his tax returns might indicate he received amnesty for tax evasion, some media are reporting.

To date, and despite bipartisan objections, Romney won’t release his full 2010 personal tax returns, and has provided none from previous years. His 2010 returns don’t contain the same information Romney reported on his campaign documents, either.


Video: Romney's questioned for tax evasion, which could legally cost him his nomination.
Many insinuate this refusal is simply to hide his overseas investments due to their potential negative reception from American voters.

However, his refusal could indicate that Romney took advantage of an amnesty program that allowed relative pardons to tax evaders. The 2009 Offshore Voluntary Disclosure Program allowed those who skipped taxes on overseas investments to settle their debts to the IRS at reduced penalty rates and without legal punishment.




http://www.examiner.com/article/will-romney-lose-nomination-due-to-tax
-evasion







"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero


"I've not watched the video either, or am incapable of intellectually dealing with the substance of this thread, so I'll instead act like a juvenile and claim victory..." - Rappy


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Monday, July 23, 2012 1:01 PM

WHOZIT


You're right, this is not a Pirate News post, he would have had a funnier title.

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Monday, July 23, 2012 1:23 PM

GEEZER

Keep the Shiny side up


Quote:

Originally posted by Kwicko:

After all, just like no one with a criminal record can be president, neither can anyone who received amnesty for a crime, either.



I'd like to see a cite for this.

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Monday, July 23, 2012 1:30 PM

WHOZIT


This would be a great story for Brian Ross to look into.....cause he's a douchebag.

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Monday, July 23, 2012 1:35 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by Geezer:
Quote:

Originally posted by Kwicko:

After all, just like no one with a criminal record can be president, neither can anyone who received amnesty for a crime, either.



I'd like to see a cite for this.



You should probably contact the author of the article, then.



"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero


"I've not watched the video either, or am incapable of intellectually dealing with the substance of this thread, so I'll instead act like a juvenile and claim victory..." - Rappy

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Monday, July 23, 2012 2:01 PM

AURAPTOR

America loves a winner!


You'd like to think that , but since there was none... Nope.


" We're all just folk. " - Mal

" AU, that was great, LOL!! " - Chrisisall

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Monday, July 23, 2012 2:05 PM

KWICKO

"We'll know our disinformation program is complete when everything the American public believes is false." -- William Casey, Reagan's presidential campaign manager & CIA Director (from first staff meeting in 1981)


Quote:

Originally posted by AURaptor:
You'd like to think that , but since there was none... Nope.




How do you know? Have you seen his tax returns?



"I supported Bush in 2000 and 2004 and intellegence [sic] had very little to do with that decision." - Hero


"I've not watched the video either, or am incapable of intellectually dealing with the substance of this thread, so I'll instead act like a juvenile and claim victory..." - Rappy

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Tuesday, July 24, 2012 1:41 AM

GEEZER

Keep the Shiny side up


Quote:

Originally posted by Kwicko:
You should probably contact the author of the article, then.



Probably a waste of time, since there are so many obvious errors in the article.

For example, the author makes a big deal of Gov. Romney's 2010 Federal Tax return in relation to the 2009 Offshore Voluntary Disclosure Program. However, his 2010 return could not be filed until after the end of the 2010 tax year on 12/31/2010, and the 2009 OVDP ended 10/30/2009. (see the link in the article to 2009 Offshore Voluntary Disclosure Program).

Even assuming that Gov. Romney did participate in the 2009 OVDP, and filed amended returns to include additional income, he would not be subject to criminal charges, but only to civil penalties for under-reporting income. As you may have noted in other high-profile cases (Wesley Snipes, Marion Barry, Willie Nelson, Darryl Strawberry, etc.) once criminal charges are filed, IRS non-disclosure rules are waived, so if Romney was ever charged, you'd have heard of it.

So it looks like this is just another "If this...if that...maybe...its possible...could be" slanderfest.

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Tuesday, July 24, 2012 4:28 AM

NEWOLDBROWNCOAT


Interesting idea, but even if the rumors are true, is there a basis in law or party rules to remove him? Aren't delegates bound by state law to support him, at least for the first round? How would any of the other candidates qualify to replace him? How would the selection process work, under current laws and rules? Free for all vote on the second ballot?

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