Romney hasn't paid ANY taxes in ten years.

Libel? Printsmith, are you sure you didn't mean slander?

Libel is written, slander is spoken.

archer wrote: Did I miss where Reid claimed Romney did anything illegal? Romney wouldn't be the first multi millionaire to have zero tax liability. That is what's wrong with our current tax code. If true though, it won't endear Romney to the voters.

He didn't sign off on the current tax code, your hero did, Barack Hussein Obama.

Huh? I wasn't saying anything about who's issue the tax code is, only that it allows many millionaires and corps to pay zero taxes. But since you brought it up, who do you think would be most likely to close the loopholes that allow this...Obama or Romney?

archer wrote: Huh? I wasn't saying anything about who's issue the tax code is, only that it allows many millionaires and corps to pay zero taxes. But since you brought it up, who do you think would be most likely to close the loopholes that allow this...Obama or Romney?

Who has more millionaires supporting them? Obama by a long shot.

My answer Alex is, "Who is Barak Obama?"

And I can imagine a scenario that the press hold Romney's feet to the fire over tax loopholes and currently they are choosing to ignore the sweet goverment contracts Barack is giving his current friends and donors.
If Obama loses, the press will start in on watching Mitt 24/7 for any missteps.

Grady wrote:

archer wrote: Huh? I wasn't saying anything about who's issue the tax code is, only that it allows many millionaires and corps to pay zero taxes. But since you brought it up, who do you think would be most likely to close the loopholes that allow this...Obama or Romney?

Who has more millionaires supporting them? Obama by a long shot.

That's because there are more Democrats who are millionaires than there are Republicans who are millionaires. Wow, Democrat successes in the business world outnumber Republican successes. Imagine that.

Grady wrote: Who has more millionaires supporting them? Obama by a long shot.

You can't make this sh*t up..... rofllol rofllol rofllol rofllol

If what Grady says it true, maybe it should give the Right pause to wonder why so many more millionaires are supporting Obama than Romney....

The Tax Trap Springs Shut on Romney (VIDEO)

It’s all too easy to hyperventilate about the importance of this or that campaign development in an electorate where swing voters are few and pay little attention to the news, but Mitt Romney appears to have blundered his way into a bona fide political disaster with his tax plan. Republican policy elites and fund-raisers fervently believe, for both moral and economic reasons, in the paramount necessity of cutting taxes for the rich. This position is, however, a political trap; the vast majority of Americans want taxes on the rich to be higher, not lower, and the commitment to cutting taxes on the rich further requires larger entitlement cuts or higher middle class taxes, both of which are more unpopular still.

At the outset of his campaign, Romney tried to avoid committing himself, but by February, with GOP rivals outflanking him and facing steady pressure from Republican elites, he declared himself in favor of a 20 percent tax cut, a move greeted with joy from anti-tax activists. But he still attempted to hide the ball. Romney promised that his rate cut would be matched by closing tax deductions and some unspecified allowance for economic growth, and thus would not decrease the level (or the share) of taxes paid by the rich. Romney’s boast that his plan could not be scored revealed the essential calculation. But the campaign miscalculated. Yesterday’s study by the Brookings Institution and the Tax Policy Center showed that, even allowing for the faster growth predicted by Romney’s own economist, there aren’t enough tax deductions to account for the cost of the lower rates for the rich — raising taxes for the middle class would be the only way to make Romney’s promises add up. Romney didn’t hide the ball well enough.

Obama has already unleashed an ad making the simple and devastating point that Romney is proposing to cut taxes of people like himself and raise them on the vast majority of the public:

The whole problem is that companies that benefit from loopholes and deductions lobby to keep them. Romney isn’t offering a policy blueprint for what deductions he would take away, let alone a plausible scenario to pass such a plan even if it did exist. He’s just using the mystical economic pixie dust of the nonexistent corporate tax reform plan in order to hold out the hope of some missing ingredient, some unmeasurable X factor, to keep his proposal in the safe dreamworld where the cruel tyranny of math cannot apply.

But the math is inescapable. When Romney looks back at the positions he adopted during the Republican primary — the hard line on immigration, the embrace of Paul Ryan — his pander to supply-siders may loom as his largest mistake.

http://nymag.com/daily/intel/2012/08/ta ... omney.html

VOTE FOR ME, AND I'LL MAKE SURE THAT TAXES GO DOWN FOR PEOPLE LIKE ME!!

pineinthegrass wrote: And almost half the income earners in this country don't pay any income tax either.

I know of a lot of folks.
Many making over a mill a year. It's all in the accounting.