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Voters and reporters looking to Mitt Romney for new jobs proposals or additional details about his existing plans shouldn't expect many, the presumptive Republican nominee's aides said Thursday.
Most of Romney's fall campaign will involve "re-introducing a lot of the policy that came out a year ago," Romney senior adviser Eric Fehrnstrom said on a conference call with reporters. The reason for that, he explained, was to remind them "of the governor's very detailed policy" now that voters are playing closer attention to the campaign.
The conference call was organized to outline the jobs policies about which Romney will speak today in Colorado. But the five priorities mentioned on the conference call -- energy, trade, education, cutting the deficit, and freeing up businesses from regulation -- have generally been staples of the former Massachusetts governor's campaign for much of the past year.
Kacper Pempel / REUTERS
Republican Presidential candidate Mitt Romney delivers foreign policy remarks at the University of Warsaw Library in Warsaw July 31, 2012.
The question of specifics, though, has been one that has plagued the Romney campaign -- and it's not only Democrats who have voiced this criticism.
"The Romney campaign thinks it can play it safe and coast to the White House by saying the economy stinks and it's Mr. Obama's fault," the Wall Street Journal's right-leaning editorial board wrote in early July. "Thanks, guys, but Americans already know that. What they want to hear from the challenger is some understanding of why the President's policies aren't working and how Mr. Romney's policies will do better."
But the Romney campaign has generally brushed off these complaints as imprudent politics. Boston has clearly broadcast that they are satisfied with the plans they have offered. ("He doesn’t need to lay out new policies," Wisconsin Rep. Paul Ryan, a surrogate of Romney's and potential running mate, told National Review Online earlier this week.)
The Romney campaign has been generally opaque in its approach to several issues that could conceivably expose their candidate to scrutiny, which could distract from their central narrative about Obama and the economy. For instance, the campaign's refusal to detail which tax deductions Romney would favor eliminating – to show how he’d prefer to balance the budget – mirrors his refusal to release more than two years of tax returns, to detail his exit from Bain Capital, or to lay out how his administration would be more transparent than Obama’s.
On each question, though, the Romney campaign has left open a void of detail, and the Obama campaign and Democrats have gladly stepped in to fill it.
The president himself trumpeted a report from the nonpartisan, independent Tax Policy Center about Romney's tax plan.
The study concluded that, based on the available details about Romney's plan, that it would threaten a higher tax burden on the middle class, because it disproportionately takes advantage of exemptions that would be eliminated to finance tax reform.
But the enduring story of the Romney campaign is its conclusion early in the campaign that little else will matter on election day aside from voters' conclusion about Obama's handling of the economy. They've bet that the broad contours of Romney's policy contours will be enough to sway voters, and that they can weather criticism about the specifics without any of that becoming fatal.
"That report you referenced is a joke," Fehrnstrom said of the center’s report on the call. "There are serious problems with the authorship of that study, and the methodology."
One of the authors was an economic adviser member of Obama’s Council of Economic Advisers. But the other was the senior staff economist on President George H.W. Bush’s Council of Economic Advisers.
"The governor's plan essentially lays out the parameters that he wants to achieve," Jonathan Burks, the Romney campaign's deputy policy director, said on the call. "And within that, he would write a tax bill that achieves those goals. And so it's not a question of today, you know, we've got a 2,000-page tax plan that could be scored and demonstrated ... The details of how that would be accomplished would have to be worked out with Congress."
Republicans are quick to note that President Obama has offered few detailed proposals for his second term, and argue that the "American Jobs Act" first introduced by the White House last fall is only a re-hash of old policies.
But the Romney campaign's bet that it doesn't need to offer more detail opens the door to the Obama campaign and Democrats' efforts to turn the election into a choice between the president and Romney, even if it involves mischaracterizing elements of Romney's background – or inserting policy details that don’t exist -- that the GOP candidate won't define for himself.
Senate Majority Leader Harry Reid (D-NV) made an especially specious claim in that vein when he told the Huffington Post this week that a Bain investor -- who he did not name -- told him that Romney had paid no effective tax rate for a decade.
Fehrnstrom angrily condemned that suggestion during an appearance Thursday on Fox News, but there are no indications that the evidence Romney could offer to rebuff those charges will be publicly available anytime soon.
NBC's Jay Rankin and Garrett Haake contributed.
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And Obama's policy plan is even simpler....Try to buy off 50.1% of the electorate with government handouts so that he can continue to transfer the wealth of those who have made something on their own to his own buddies and a bunch of deadbeats.
Get a clue John.
Sounds like you've got Foxitis. See your doctor.
Wait a minute...to "re-introduce" means he already has "introduced". Uh.....we're still waiting for the introduction, Mittens.
What is clear, tho, is that Mittens is a liar, a cheat and a tax evader.
Romney paid no taxes for 10 years on hundreds of millions in income. He is unfit for any office.
http://www.cbsnews.com/video/watch/?id=7416956n
Where's the proof? Oh wait, there is none, but right out of Alinsky's playbook: you don't need proof because if you just keep repeating it people (dumbasses) will believe it.
Easy way for him to refute that charge...release the returns.
Alinsky? Oh...you mean the left-wing guy, Karl Rove copied, right?
Why won't he release them then? Then he could tell all the "liberals" STFU. I'll bet Mittens $10,000 Reid is right. Wonder if he'll take it?
Even Rick Perry might make that bet.
Maybe he will. Who knows. We know that whatever the tax returns say, it will be turned into a negative by the Obama camp. Besides, aren't "progressives" all about change? The "change" would be to only release what is required by law.
I also seem to remember that prior to the 2008 election, McCain released hundreds of pages of his medical records while Obama released one.
Hmmm...and Romney's father released 12 years of back taxes. McCain was old; he released those records to show that while he was old, he was also healthy. Romney is rich, he should relase the tax records to show that while he is rich, he is "honestly rich."
Stone6 is correct on two points here.
McCain was trying to counter arguments that his age represented a question of whether or not he was healthy enough to serve a full term. Obama on the other hand was considered relatively young and active for a presidential candidate, so very little concern over his health.
On the issue of releasing the tax returns Romney is fighting against his own father who is quoted as stating that if someone wasn't willing to release 12 years of returns when running for office they are hiding something. This just makes Mitt look bad all around, as not only is he hiding his tax returns he's flying in the face of his own fathers logic.
As did, come to think of it, Bush "The Unmentionable One," in Iraq and the utilization of "voodoo economics" to pay for it.
mhrjhn
Who was more likely to drop dead?
Paul Ryan, the unpatriotic rat ba$tard who blames Grand ma and Grand Pa's meager social security benefits for bankrupting the Nation when he and the GOP give trillions to the rich in tax giveaways. The GOP has said since the inception of Social Security that it will "bankrupt the Nation, yet it never comes true for over eighty years. Where I am from if you warn of something for eighty years and it never happens then you are wrong. Paul Ryan, that rat said a mouth full. "He [Romney} doesn't need to lay out any new plans." Because he doesn't have any new plans. Just the same old plans that W. Bush used to drive the economy into the ground. The GOP complains when we bash Bush but Romney is using the exact same failed advisers as Bush and the exact same failed policies as Bush and ROMNEY IS A CROOK. At least Bush and his daddy were not crooks even though their policies were a disaster for the US of A. ROMNEY robbed the American tax payers blind while gutting the manufacturing sector and all the blue collar jobs by sending them overseas and then looting the pension funds to pay himself and then avoiding taxes on the billions he looted from the American workers. Not only should he not be elected he should be sent to Federal Prison. Romney is a CROOK.
Let us assume he paid zero tax. That does not make it illegal. Why is he a crook? Our tax laws are convoluted and filled with loopholes. But it is not illegal to follow them even if they seem unfair. Do you think NASCAR people should have special loop holes?
Yes...I think that if Romney released ten years of tax returns and they showed that he made tens of millions of dollars during that time and, legally, paid zero income taxes, it would cost him the election. After all of the recent banking and Wall Street scandals of people skirting the limits of the law for their personal advantage, yes, I think that would turn a large percentage of the independent vote against him.
You don't?
Loopholes in tax law are put there to benefit the rich, a thank you for the campaign contributions. They are immoral and should be illegal.
RMoney's ideas= tax cuts for the rich, deregulate corporations so they can pollute and slash wages in the name of profit while they outsource jobs. Start a new occupation style war so his friends can profit while our sons get killed and maimed. Rmoney=Bush the Sequel.
Well we at least know how Obama plans to win the election.
1. Change his stance on Gay Marriage
2. Create an education program specifically for African-Americans
3. Change the rules of Immigration Enforcement
4. Dust off the Rich Need to Pay Their Fair Share mantra
5. Not run on his Record
Romney
1. Let big government tell you who you can marry.
2. Eliminate education
3.Do nothing about immigration Repubs need the cheap labor.
4.More tax cuts for the rich
5. Tell the American people he should be POTUS because of his business record then when the record is examined run away from it like it was a homeless person asking him for change.
Oh silly me I forgot:
5. Change the welfare rules so that those on assistance no longer are required to actively look for work
6. Have the Labor Board disregard the law about 60 days notice of termination to Military employees because that 60th day begins a few days before the election
NoLonger... You've always been a lib, stop it with the "NoLongerRepub crap.
Adding to NLR
6. Abolish minimum wage and introduce child labor
7. Outlaw the teaching of science and replace it with a fundamentalist Christian worldview
8. Introduce public stonings of homosexuals
9. Allow every industry to self-regulate
10. Lift any and all weapons restictions and allow people to walk around with grenades, rocket launchers, whatever they can haul.
I'm not a liberal. I'm just not dumb enough to vote for a flip flopping foot in his mouth liberal conservative vulture like RMoney just because he has an R behind his name . The Republican party ran away from me so they could embrace neo-fascism(T-party), that's when they lost my vote.
Funny how I list facts while NLR and Leroy make things up.
Just because that BS you wrote was on Beck's chalkboard doesn't make them "facts". LOL.
Never used google before? The information is out there, however you actually have to look for it.
mhrjhn- I could also google unicorns and find someone telling me they actually exist. Something tells me you would be the one that believes them.
Shakespeare wrote "Kill all the Lawyers"
This is in response to the Brookings Institute analysis showing that his tax plan cuts the taxes of those making $1.0 million + and increases taxes for incomes under $200K/yr.
It's a sort of "let me get back to you on that." Or, "don't call me, I'll call you."
The economic meltdown has emphasized the need for a paradigm shift in our domestic economic policies, from encouraging the movement of jobs off-shore, to a re-emphasis on American manufacturing and back to "goods" from "services." That will mean a deemphasis on an economy based on mass consumption, retailing and distribution.
That's OK...because it's not "black or white," and there will still be "adequate consumption," as the economy slowly recovers, which will require people to pay down past debt, build personal savings, and restore responsible and sound credit. But, that's a far cry from the type of economy Mitt earned his millions in at Bain.
Check his list of "successes." Most are big box mall retailers and/or franchises. An expertise that takes a good idea and makes it more efficient, to turn a greater profit. It's NOT innovating toward a "new paradigm," it's perfecting the old one. Giant difference.
Generals aren't the only people to tend to fight "the last war."
Fans of Romney and Bain like to list Domino's Pizza as a "success". I actually worked at one, in college, back in the late 80s - early 90s, and it just so happens that three of my friends and co-workers became franchisees. My former boss, who has owned his store since 1988, said he has made much less money since Bain took over, and the other franchisees, who have owned stores since the early to mid 90s, say the same.
The first thing Bain did was to add a fee for pizza delivery. What this effectively did was to take money from the driver's pockets, because people figure that if they are paying a fee for delivery, they don't need to tip, or don't need to tip as much. End result: Less money in the pockets of drivers, more money for Bain.
The second thing they did was change the commissary system into a for-corporate-profit enterprise. Previously, that system had operated as a co-op, and the yearly profits, such as they were, were split between the franchisees of a particular region. Bain started to funnel that money into their own pockets. My former boss said his biggest payday of the year used to be when he got the royalty check from the comissary. That was wiped out. Less money to the small businessman, more money to Bain.
The third thing they did was to begin nationwide marketing advertising very low prices. What this meant was a guy like my boss, who boosted his sales by running his food costs a little high and giving customers a better pizza with more toppings, had no choice but to conform to the restrictions of a $6.00 large pizza. Yes, he sold more pizzas, because the low price became the focus of national marketing...but every pizza he sold was cheaper, because he started to lose his long-time customers, who were used to getting a pie that had more actual food on it, and started getting more bargain hunters. He sold more food....which boosted the profits of the commissary (more money for Bain), but made less money selling that food. Sales and corporate profits went up....local profits went down. More money for Bain, less money for the small businessman.
This is defined as a successful Bain venture.
Later this month, in Tampa, Romney's going to give a speech where he will at some point declare himself the champion of the small businessman. I know at least four small businessmen who will simultaneously say "Bull@!$%#!" when that line is uttered.
Let's see, your platform this week (as opposed to last week) is:
God, guns, anti-gay and some vague pro-business thing with no specifics.
Keep spending-yes, keep starting wars-yes, keep women pregnant-yes.
NO THANKS.
Where do you get this garbage? Oh - MSNBC, NBC, CNN, and your qwn delusions. No doubt all of these items will be the primary planks of the Republican Platform. They will force out positions on Obama's record, the economy, socialism, .........
Funny how the bigots at MSNBC are ignoring the millions that showed up yesterday to support Chick-Fil-A.
I guess that reading isn't your thing. MSNBC had a big article on the Chick-Fil-A event. Look for a picture of Pat Boone eating a chicken sandwich. Maybe the picture will help you find it.
There's a separate story on that...why don't you try posting on that one?
He couldn't find the story. Can't post on a story you can't find.
Maybe not...I thought your advice on the photo was excellent.
Choke Fil A supporting BIG government that tells you who you can marry. Small government conservative=PHONY
I'd say the biggest news on this thread is that Pat Boone is still alive and eating!
Certainly not some corporation's religious/political viewpoint, which can be easily dismissed and ignored, or they can be boycotted.
Hmmm...when I was in high school there were two cliques...Elvis and Pat. Elvis wore a duck tail and leather jackets. Pat was Mr. Clean, white buck shoes and button down collars. What happened?
Where did Pat go wrong?
tax cuts and a war with Iran is what he has promised so far...he's heading in Bush II's footsteps
Rick, You are not telling the truth. Do you know what the truth is? Truth is the opposite of what you are posting.
He has the same advisors...supply-siders on domestic economics (R. Glenn Hubbard) and neo-cons on foreign policy (Dan Senor).
If you liked Bush "The Unmentionable One," you'll love Romney. That's why Bush "The Unmentionable One," is staying away from the Convention. If he showed up in the same room, it could become confusing as to who was who.
stone6- Like his fund raiser with Cheney that nobody has pictures of. Wonder why? The chimp like neo-cons want us to go back to those policies but they sure try to keep the people that implemented them in a time capsule marked "pretend this never existed".
Hmmm...A lot of the neo-cons favor right-wing Israeli policies. Adelson, the Vegas casino mogul, who was along for the trip to Israel, falls loosely into that category, but is non-academic. I would not be surprised to learn that Adelson and the Israeli right-wing came up with Senor's statement about "Romney respecting an Israeli preemptive strike against Iranian nuclear development," which Romney had to "walk back" to "I respect the Israeli right to self-defense." Much more vague. Senor, who was the Bush spokesperson working for Bremer, in Baghdad, did his undergraduate work at the Hebrew University in Israel, before his MBA at Harvard.
Stone, and the Leo-tards favor what, exactly?
Truth, Justice and The American Way. But, that's just for starters.
mhrjhn...
1) Stance on gay marriage - So? 2)Education specific to African Americans - Huh? 3) Change Immigration Rules - Name a side that hasn't searched for a solution 4) Rich need to pay - So? 5) Not run on record - Really, have you bothered to even look at the accomplishments of the administration (in spite of the obstructionists)?
What accomplishments might those be, Chip?
Chip, when you actually look into the items on the list I wrote, get back to me. Until then I'm not going waste my time trying to educate you.
Or Chip can just watch FOX news and listen to Rush Limbaugh if he has any interest in republican facts.
Or he use google and find the information, it's there.
I can't believe that mitt romney is still trying to use the same divide and conquer crap by saying President Obama is spitting up america, but the republican party have been doing that since the late 1800's so this is nothing new and them trying to use reverse psychology is not working, Mitt romney is talking out of both sides of his mouth at the same time with no facts or evidence to back up anything that flows out of his mouth. And the most over used word with republicans is we( we who?) and the american people( which ones the rich or poor?) because you can be sure that by their actions they don't give a flying flip about either one but don't think normal people can see the B.S they spew.
Rick... Really no surprise given 70% his advisers and staffers are from the previous administration. It explains the lack of independent and innovative approaches. Same old, same old...
And 100% of Obama's are thugs and idiots.
Cogito... You're simply not paying attention... Give us a list of his "new" ideas...
Chip, You answer my question with a question, only because you can not list Obama's accomplishments. As for attention deficit, you are a liberal. That trumps my ADD by a factor of 6.
he is in favor of the infrastructure bank- to help arrange financing for public private projects- so the minneapolis bridge collapse doesnt re occur
he is in favor of redoing our energy grid- so what happened in India doesnt happen here
he has passed health care, broke the back of the recession, pulled troops out of Iraq, doing so in afghanistan, had UBL killed and has decimated the ranks of al-quada without introducing our troops onto new soil.
Mittens has a 59 point plan- no details all generalities. How will he balance the budget when the plan he endorses increases our deficit?
paxil said-How will he balance the budget when the plan he endorses increases our deficit? Answer= he has magic pants.
protected him on his foreign trip from outside danger. I guess no protection from internal mishaps
Now Paxil, Obama may be in favor of many things, but... As for Obamacare, what is it that you can not understand? It will not work without huge tax increases for all of us. Can our economy sustain Obamacare?
Cogito-It will not work without huge tax increases for all of us. Can our economy sustain Obamacare? Answer= Easy everybody will either pay something for healthcare or pay the penalty. No more freeloaders using the ER as their primary care physician. If you have insurance already don't worry about it. If you are one of those ER freeloaders Tough S$%t, your ride is over.
cogito- the thing I can never understand about your side- do you honestly think the poor hide under a bush when dying? Ever go to an emergency clinic, ever look around. Those are the uninsured primarily and most cant pay the bills. Who do you think does- you and I in higher primarily state tax and insurance premiums because the hospitals have to charge more to those who can pay.
honestly, this is not rocket science
paxil; Ever asked the residents in Massachusetts how they like the same health care law that has been on-going for several years??? Haven't heard many say how their "taxes" went up and that Massachusetts economy has tanked and how awful the health care is there. Why do all the republicans never use Massachusetts as an example of how awful and dreadful the ACA is??? Answer: Massachusettes residents actually like and appreciate it. Ever wonder why Rommney has consistently run away from HIS signature legislative.
Folks, let me explain something about polygamy. You get married to one female. Fights every weekend. You want to stay home and watch the game. She wants to go shopping. Everybody is mad. You marry 3 women. You stay home and watch the game and your wives go shopping. Everybody is happy.
Not to mention that there are 6 of these and 3 of those for your amusement and enjoyment.
The congress may "pass a bill to find out what was in it", but I will not vote in a man for pres.(Romney), to find out what his policies are.
If you want to know what his policies are just remember 2007, and 08 that will be the product. In 2 wars and losing 700,000 jobs a month. If you fondly remember those years as the good ole days just vote for Mitt he will send you back.
You libs are such a bunch of whinning pussies! Have you ever stopped and listened to yourselves? "The rich guys need to pay higher taxes because I'm not man or woman enough to take care of myself or my family... wah wah wah"... Guys, I bet all your babymammas and babies are really proud of their daddies waiting on the government check at the end of the month...
dan- ever notice all republicons assume the other side wants something for nothing. Ever heard of the psychological concept called projection. You may want to check it out
Ah...you must be referring to the unemployed, since I assume you would respect those who are working. You think that so many of them became lazy, good-for-nothings when Obama was elected? That they were just waiting for him to extend unemployment and food stamp benefits?
But, if they "resigned" to live off the government, they wouldn't be eligible for unemployment, would they?
Your right paxil, check out Dan's avatar it's a picture of the father he never had. Now he comes here and vents his frustrations out, while still feeling the rejection of his childhood yrs caused by his father's absence.
You cons are such a bunch of pathetic little pansies, sucking up to the greedy rich pigs. Have you ever stopped and listened to yourselves? "The rich are rich because they worked hard and are better than the rest of us. Why...why we better not DARE raise their taxes, they'll outsource all the rest of the jobs too. We can't stand up to the big corporations, they are too big and powerful, we better just do exactly as they say. And we simply MUST abolish minimum wage stop making them follow those pesky safety regulations. We can all work 100 hour weeks for 75 cents an hour, we'll get by, the rich give too many "handouts" as it is!"... Guys, I bet your children will be real proud that their father is a pussy who allowed their country to turn into a fascist plutocracy because he was too stupid and cowardly to fight back.
no longer- thought the photo was either Darwin(doesnt fit with a republicon) or Whitman. The funny thing is they never reply when confronted. Kinda like the third grade bully. They must have a deep seated complex and can now anomously name call all day long.
Paxil, Ever heard of the term convergence? This is the liberals accepting the lies, then telling them as truths. Your hypocrisy is interesting. Name calling? Read some of your posts.
Cogito...I was thinking stock-home syndrome, but that works too.
Maybe it is Darwin. He uses it to represent the "social darwinism" promoted by neo-fascist conservative like Dan and Romney.
Cogito- "accepting the lies, then telling them as truths" You mean like when Reagan told us the wealth would trickle down.
cogito- I not only read them but write them. I get annoyed when dealing with an obvious liar or idiot. Other then that I have no problem with what I write. We are still waiting for dan the man to disagree with my viewpoint. If you would like to do it for him fine.
since your side maintains that the deficit will prevent us from funding our budget how does Japan with an almost $2 to $1 debt to GNP sell its 10 year bonds at 1.22%.
answer that, then look at our debt to GNP and tell me we have a problem that must be resolved TODAY at the expense of the unemployed. Solve the jobs problem and you have solved most of the deficit problem.
I'll wait but I bet I get no response
cogito- I answered with details your two questions- see post 68.7 and 71.9 but as with most republicons you love to shoot off your mouth but have difficulty defending any of your positions.
That is why I call your side idiots. If unable to defend your beliefs but still shout them out I dont know what else to call you in polite company
gee where did cogito go to, how about devdoc. just like third grade bullies. all noise and no substance.
i have to go so be well
The problem Romney has is that he is not likeable- he is not unlikeable. He is just boring. He is a little condescending (which most wealthy are) but that is no big deal. He cannot identify with me and perhaps Obama. We are just in a financial spriral (mostly because real wages have not risen in 30 years) and he nor Obama know what to do about it and probably nothing can be done. We fought two wars without paying them and lowered taxes. Then we deregulated the financial industry so that the poor could buy homes and the banks and wall street wheels just took off on it. Romney has no cure for our problems. If his idea of lower taxes, fewer regulations and no unions was any solution we would have had people celebrating instead of jumping out of windows in 1927. He and the president don't deserve to be in office but one of them doubtless will be.
Until Governor Romney releases his returns, who cares what BS flies out of his mouth. Bottom line, he can't be trusted at all.
And then what if he releases his taxes and it shows he is an ubber rich guy who paid the taxes he was required to pay then what?
Will you want his phone bill? How bout water and sewage, the sewage part I am sure liberals can relate to.
Paul, go eat some meat or carrots. Just busy yourself with something other than looking foolish here.
Cogito- Good advice coming from you, you've made looking foolish your masterpiece.
the point is he has an army of accountants and tax attorneys that look for every loophole and deduction they can. As part of the 1% the lobbyists paid for by them allow them and only them to benefit. Do you have cayman island offshore accounts? IRA's that magically increase in value 2666% in 12 or 15 years?
why not? is it only for their benefit?
NoLongerRepub, That's the best you could do? I guess it's an attempt, I'll give you that.
cogito- answered your questions- see post 68.7 and 71.9.
You commented on my style- i do get annoyed at buffoons who have no knowledge but name call the most. So you didnt mind asking questions about details of what Obama accomplished- I provided them to you and asked you some questions. Cant defend your position?
This is media hypocrisy at it's best. Pelosi and Reid took the Senate and House in 2006 by simply uttering they have a plan to fix things. That was it. No questions asked no details given.
Obama ran against someone who wasn't even the race, and gave zero details to his thorough economic plan and foreign policies. He just again stated he had some.
Romney gives point by point details about his plans and it is not enough. They need more details.
One day the media will wake up and realize we all see them for what they are. Democrat Political Pundits.
have you read his 59 point plan- what are the details? Obama actually gave quite a few specifics. He ran on health care, getting out of Iraq, the "good war" in afghanistan(remember he did expand and now wants out). But who the heck predicted the great recession caused by bank insolvancy.
Be fair. Oh, he also released I believe 4 or 6 years of tax records which had been the standard prior to 2008 when Mccain released two. But then McCains werent has filled with questions has Romneys who has employed an army of accountants and tax attorney's searching for every loophole they can find.
Google "The Brookings Institute" and read the analysis of the Romney tax plan. Fact is that an awful lot of those "details" are missing. And, what tax details has he released other than his 2010 return and preliminaries on his 2011 return? Did we miss something?
The big problem is that Romney says that he left Bain Capital in February, 1999. His 2000 to 2002 tax returns are loaded with income and expenses from Bain Capital. He can not release those tax returns.
stone6- the man claims either 12 or 15 years of inputs into an ira, with a max tax deferred contribution of 30k per year. He shows its worth now at $102,000,000.
1. either he donated a hgher dollar amount per year and voided the tax savings(doubtful)
2. he has the best investment track record since bernie madoff
3. he undervalued the assets going into the plan to shield income.
Number three makes sense to me.
Could be... or worse, an amended return filed in either 2008 or 2009, showing additional income from a Swiss bank account (since closed), paying additional back taxes and penalties, based on an IRS immunity from prosecution program. The IRS was, in fact, running such a program for some 50,000 Americans, who held illegal accounts in the United Bank of Switzerland. As part of the settlement, the bank admitted guilt and agreed to release 5,000 of the names. On the IRS side, they agreed that if the account holders came forward, before the release of the names, and admitted guilt and filed amended returns, they would not prosecute the account holders or release their names.
I believe, the Romney campaign has admitted to a Swiss bank account closed, in that time frame, "to avoid political embarrassment."
Even with the grant of immunity, I would think that admission of purposeful tax evasion would cost him the election and pose an interesting question over eligibility to run for office, having been an "admitted felon."
Aside from that possibility, I fail to see how anyone who'd made some $250 million in investment banking, in this anti-bank environment, could expect to be electedf without complete transparency on his taxes.
old adage in politics- if its good news brag about it. So obviously he is hiding something. His refusal to discuss any of the details is extremely unusual. All he needs to do is have his accountants explain it- he doesnt have to do it himself.
The brookings Institute has been proven to be lead by a former Obama staff member.
Just a couple of Points on this Next Presidential Debate:
It should be held under a Circus Tent.
Mitt “Profits over People” Romney should not be wearing “Flip Flops”
Every Time Mitt “Profits over People” Romney says something like, “Corporations are People Too.” A couple of Midget Tea Billy’s should come on Stage and Kick him in da N u t z.
Lets Put Shock Collars on all Candidates and every time they talk about anything but Jobs and the Economy....just Zap them.
Cain, Palin, Bachmann, O’Donnell and Perry should be Dressed as Clowns and
be riding around on Unicycles, Elephants, go carts etc.
Oh yeah…..Bachmann should be on a Loud Speaker Screaming….”Babies
and Gawd…….Babies and Gawd’ every 30 Seconds.
You BetCha….Fer Sure.
Folks just Remember,
Anything Romney, Boehner, Cantor, or McConnell Do will have an Evil, Hidden Agenda against the “Middle Class”.
Republicans and TeaBilly’s only Believe in “Middle Class Warfare’ and Protecting da Wealthy and Corporations.
It won’t be long till they show their True Colors.
You BetCha…..Fer Sure.
Mitt is about as Real as a Plastic Bananna!
Is it Mitt ____________Romney?
“Political Puppet”
“I’m Not a Crook”
“Country Club”
“Middle Class Warfare”
“Not To Much..Out of Touch”
“Cheap Labor is Our Future”
“Outsourcing is Awesome”
“Just Tell me what ya Wanna Hear”
“Profits Over People”
“Corporations are People Too”
“F da Poor”
“No Substance”
“Let Detroit go Bankrupt”
“National Right to Work”
“Swiss Accounts”
“Flip Flop”
“Pray da Gay Away”
Mitt Romney’s Solution to all Problems…….Prayer and a Moment of Silence.
Da Biggest Threat to Mitt Romney’s Campaign……..da Truth!
Mitt "F da Poor" Romney is nothing more than a "Howdy Doodie Political Puppet” sitting on da Koch Brothers Lap.
You BetCha....Fer Sure.
Terran (Foundation Corporation) Toltec incoming -
Stand by for fire support mission.
All Systems Ready.
.....Mothership.....
I'd be careful if I were those supporting Romney's campaign either as a caller or office manager.
What I see happening is Romney putting forth his best effort to become President of the United States but since he is really not qualified to be President he would conduct the following practices that he has done since his being a CEO at Bain Capital.
1.First create a large finance campaign structure employing millions that he can say that he created jobs for calling for donations from American citizens to fund his presidential campaign.
2.Once the campaign finances had been established Romney would have a base of followers to supply him with money as the Tea Parts ramps up their hate and conspiracies against President Obama thus trying to force Americans onto the side of Romney through the Tea Parties actions.
3.If Romney loses the campaign he will bankrupt his own campaign finances causing those that supported him to lose their jobs while he sells off the assets of the facilities that he used to finance his campaign operations thus making a large profit like he did when he purchased the companies that he did and then purposely bankrupted them causing Americans to lose their jobs and making away with over 92 million dollars.
4.If Romney win the campaign (not likely at all) he will invest American tax dollars to buy up companies that are making a profit and then bankrupt them to make a large profit like he has while he was the CEO at Bain Capital. Where Romney's only goal is shut down companies sell the assets of the company and move his operation overeas to China where he can establish his own kingdom over the Chinese where because of the majority of the Chinese population being woman he could impart Mormonism on the Chinese to by giving the woman of China the same power and control that is present in Mormonism, many females breeding from one male, to effectively make Romney a king in China but nothing more than a politician here in America.
5.We also need to look see if the money that Romney used to purchase the companies that he purposely bankrupted came from sources dealing with tax collection where he while as the Governor of Massachusetts used tax dollars in the appropriation of companies that he then bankrupted for his own money gain. If it can be proven that he did in fact use tax payers money to bankrupt such companies only for his own monetary gain then he can be brought up on numerous charges.
Missile Destoryer...launching
Romney makes $20,000 off of each employee that is laid off from companies that he has bankrupted. - Link
Romney's Ghost Companies - Companies that were invested in and then purposely bankrupted for Bain Capital's monetary benefit.
• American Pad & Paper: Bain invested $5 million in the Ohio paper company in 1992, and reportedly collected $100 million in dividends on that investment. But AMPAD went bankrupt in 2000, resulting in 385 employees losing their jobs.
• Dade Behring: Bain invested $415 million in a leveraged buyout in 1994, borrowed an additional $421 million, and ultimately walked away with $1.78 billion. Dade filed for bankruptcy in 2002, and laid off 2,000 employees.
• DDI Corporation: Bain reportedly invested $46.3 million in the electronic parts manufacturer 1997, earning $85.5 million in profits plus $10 million more in management fees. When the company went bankrupt several years later, 2,100 workers were laid off.
• GS Industries: In 1993, Bain invested $60 million in the Kansas City steel maker, borrowed a lot of money, and then took $65 million in dividends. But GS eventually went bankrupt in 2002, and 750 workers lost their jobs and pensions.
• Stage Stores: Bain invested $5 million to purchase the Houston-based retailer and took it public in the mid-’90s, reaping $100 million from stock offerings. In 200o, following Romney’s departure from Bain, Stage filed for bankruptcy and 5,795 workers were reportedly dismissed.
Heavy Cruiser.....Launching
Where did the assets from the companies that Bain under CEO Romney goto?
Most likely to China to fund Romney's capital venture building in China where he does not have to worry about the EPA, taxes and the American voter and or American Rights.
Factoring in all of the money that Bain made while Romney was CEO it totals close to 2 billion dollars that Romney made bankrupting American companies causing Americans to loose their jobs.
If Romney becomes president what do you think he will do? He will as president borrow money from China to purchase American companies and then bankrupt them making large amounts of money for himself and those who elected him to office.
This is the main reason why Romney will not show America his taxes. He is scared that a link will be found to his past about how he is a corporate looter that invests in a company and then bankrupts them making off with hundreds of millions of dollars.
Think what he will do if he president.
How does Romney make $20,000 off of each laid off employee? Simple. Their IRA's. During the time that Romney was CEO at Bain Capital his investors saw very large returns on their investments between 50% and 80%. Most of these employees were smart to invest in other facilities that Romney had established as Swordfish Corporations, corporations that only exist on paper where the investors thought they were making a good future for theirselves. But when Bain bankrupted the companies that the investors had invested their money in the Swordfish companies also went under where the money that was invested was then taken by Romney and Bain and transfered to Swiss Banks Accounts do their illegal activities could not be discovered.
Romney wont's disclose his Tax Returns or his Swiss Bank Account because that is where is keeping the holdings from the companies that he and Bain bankrupted.
Time to bankrupt Romney America.....for those who lost what they did while trusting Romney as their CEO and Bain Capital.
Calling for fire support assistance from The National Memo Mothership......calling for support fire.
http://www.nationalmemo.com/why-does-mitt-romney-like-firing-people-because-he-made-20000-on-every-laid-off-worker/
.....are you there National Memo Mothership?
I know I cant wait for Flip Flopney to reintroduce his GOP talking point rhetoric "policies".
I'm wondering how many of you have actually read what this clown is trying to pass off as "policy"?
Well I have, right off his website, and I can honestly say I was looking for something concrete, something that was to the point, but instead what I found was none of that...Literally talking points and rhetoric...No, wait, let me take that back...He did clearly identify one particular "policy" and that is lowering the tax rate for companies OFF SHORE...Thats right, he says that if we lower the tax rate for companies with money in off shore accounts, they will inticed to "bring the money home"...This is REALLY what it says....
Now Im no tax expert, but Id like to think I have some common sense, and that tells me, if he was to lower the tax rate for money already off shore, since the claim that America has the highest corporate tax rate in the world, why in the hell would anybody "bring the money home"????
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I can describe Mitt Romney’s tax policy promises in two words: mathematically impossible.
Those aren’t my words. They’re the words of the nonpartisanTax Policy Center, which has conducted the most comprehensiveanalysis to date of Romney’s tax plan and which bent over backward to make his promises add up. They’re perhaps the two most important words that have been written during this U.S. presidential election.
If you were to distill the presumptive Republican nominee’s campaign to a few sentences, you could hardly do better than this statement of purpose from the speech Romney delivered inDetroit, outlining his plan for the economy: “I believe the American people are ready for real leadership. I believe they deserve a bold, conservative plan for reform and economic growth. Unlike President Obama, I actually have one -- and I’m not afraid to put it on the table.”
The truth is that Romney is afraid to put his plan on the table. He has promised to reduce the deficit, but refused to identify the spending he would cut. He has promised to reform the tax code, but refused to identify the deductions and loopholes he would eliminate. The only thing he has put on the table is dessert: a promise to cut marginal tax rates by 20 percent across the board and to do so without raising the deficit or reducing the taxes paid by the top 1 percent.
The Tax Policy Center took Romney at his word. They also did what he hasn’t done: They put his plan on the table.
To help Romney, the center did so under the most favorable conditions, which also happen to be wildly unrealistic. The analysts assumed that any cuts to deductions or loopholes would begin with top earners, and that no one earning less than $200,000 would have their deductions reduced until all those earning more than $200,000 had lost all of their deductions and tax preferences first. They assumed, as Romney has promised, that the reforms would spare the portions of the tax code that privilege saving and investment. They even ran a simulation in which they used a model developed, in part, by Greg Mankiw, one of Romney’s economic advisers, that posits “implausibly large growth effects” from tax cuts.
The numbers never worked out. No matter how hard the Tax Policy Center labored to make Romney’s promises add up, every simulation ended the same way: with a tax increase on the middle class. The tax cuts Romney is offering to the rich are simply larger than the size of the (non-investment) deductions and loopholes that exist for the rich. That’s why it’s“mathematically impossible” for Romney’s plan to produce anything but a tax increase on the middle class.
The Romney campaign offered two responses to the Tax Policy Center’s analysis, one more misleading than the other.
First, the campaign called the analysis “just another biased study from a former Obama staffer.” That jab refers to Adam Looney, one of the study’s three co-authors, who served in a staff role on the White House Council of Economic Advisersunder President Barack Obama. But the Tax Policy Center is directed by Donald Marron, who was one of the principals onGeorge W. Bush’s Council of Economic Advisers. Calling the Tax Policy Center biased simply isn’t credible -- a point underscored by the fact that the Romney campaign referred to the group’s work as “objective, third-party analysis” during the primary campaign.
Then the Romney campaign said, “The study ignores the positive benefits to economic growth from both the corporate tax plan and the deficit reduction called for in the Romney plan.”There’s a reason the study ignores those “positive benefits”:Romney has called for a revenue-neutral corporate tax plan that brings the rate down from 35 percent to 25 percent while also promising to balance the budget. He has not said how he will achieve either goal. Until he does, those positive benefits --if they exist -- are impossible to calculate.
http://www.bloomberg.com/news/2012-08-02/romney-tax-plan-on-table-debt-collapses-table-.html
your, if you are a NY Giants fan, get ready for an exit.....
And I dont care what state a person is in, if Flip Flopney gets elected, we are all screwed
and please, anybody, dont give the Obama zombie/follower crap, yes Im an Obama supporter, and I can also admit he could have done alot better, even with the GOP filibuster party going on, he just aint Mit
Thank you, Dan for that very enlightening post. Of course, the Republicans and tea party folks on here will completely disavow it stating that the report is completely biased against their candidate, as Republican pundits are already doing. First the Tax Policy Center was great, until it wasn't. The report didn't favor Romney or his plan in a favorable light so of course the report is filled with lies.
youraloser
No its even more personal than that, Im a downtown Detroit resident! I know the failure of Democratic administrations.
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HA!, just think if Flip Flopney was POTUS when the auto industry needed help, YOUR city would be one of those cities like they have in China...entirely empty