Originally Posted By: Somethingsmellsf
I notice you did not say a thing about off-shoring cash to avoid taxes from business here in the US.

Bain was bailed out by the Fed and Mitty profited from bankrupting companies and running up their debt.

If we tax those people under the poverty level, as some here propose, then we should damn well tax those that make their income from investments as income!

Don't forget to "Save Big Bird" grin

Fishy


You do realize that dividends for the most part are after tax income, paid out by the company. Im not sure if you understand, that many mutual funds have a percentage of foreign investments, as well as many companies list on the various stock exchanges are located in foreign countries. In addition, Romneys investments are in a blind trust and he is not in charge of his own investment portfolio.

A lot of Obama cabinet has overseas investment too. Obamas own blind trust is likely to have some foreign investments.
Eventually, you pay taxes over there or over here or both.

I did a google search on Romney

romney ryan yard sign free, is the number one search
Romney
Romney 2012
Romney for president
Romney lates news.

Noone has even typed in Romney overseas investments.


Edited by Fast and Furious (10/14/12 11:05 PM)