Soros may owe as much as $6.7bil in back taxes

[Coach is Back!]

What's the deal with libtards not paying "their fair share"?


http://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill

[Straw Man]

from reading the article it sounds like the same stuff Romney was doing

I remember how much Repubs on this board criticized him for that?

right?

[Coach is Back!]

from reading the article it sounds like the same stuff Romney was doing

I remember how much Repubs on this board criticized him for that?

right?

$6.7 BILLION

[Straw Man]

$6.7 BILLION

Soros is much more wealthy but Romney was basically doing the exact same thing

[Coach is Back!]

Soros is much more wealthy but Romney was basically doing the exact same thing

Yes, that's exactly what the left wanted you to believe.

[Straw Man]

Yes, that's exactly what the left wanted you to believe.

that's exactly what the right wants you to believe

[2Thick]

I have no problem with anyone doing whatever they can legally within the rules to reduce the taxes they pay.

Part of my job is to help wealthy people legally reduce the taxes they pay.

My problem is when they do one thing then say another. Romney wants lower taxes for everyone who works or has accumulated assets - he preaches what he practices. Soros and other limousine liberals want to pay little or no taxes, but they want everyone else who makes a decent living and invests their money wisely to pay 70, 80, 90%, be taxed repeatedly on the same money, etc.

"Let me take MY billions outside of the US to Ireland before the loophole closes, while I continue to support those politicians who will try to make everyone else who works for a living pay more and more taxes, because poor people need those tax dollars - just not MY money!"...Typical hypocrisy.

And I love it when Buffett and others like him who manage assets for a living imply that the only taxes they pay are longterm cap gains taxes on their own money. They fail to mention corporate taxes, income taxes on management fees, any bond interest, dividends, short term cap gains, etc.

[Straw Man]

I have no problem with anyone doing whatever they can legally within the rules to reduce the taxes they pay.

Part of my job is to help wealthy people legally reduce the taxes they pay.

My problem is when they do one thing then say another. Romney wants lower taxes for everyone who works or has accumulated assets - he preaches what he practices. Soros and other limousine liberals want to pay little or no taxes, but they want everyone else who makes a decent living and invests their money wisely to pay 70, 80, 90%, be taxed repeatedly on the same money, etc.

"Let me take MY billions outside of the US to Ireland before the loophole closes, while I continue to support those politicians who will try to make everyone else who works for a living pay more and more taxes, because poor people need those tax dollars - just not MY money!"...Typical hypocrisy.

And I love it when Buffett and others like him who manage assets for a living imply that the only taxes they pay are longterm cap gains taxes on their own money. They fail to mention corporate taxes, income taxes on management fees, any bond interest, dividends, short term cap gains, etc.

horseshit

Romney used ever loophole (legal and illegal) to avoid paying taxes

[2Thick]

horseshit

Romney used ever loophole (legal and illegal) to avoid paying taxes

Re-read my post.

Using legal loopholes is fine as far as I'm concerned. If you don't like the system, work to change it. Don't blame people for using it to their advantage.

And if you're going to blame some people who do so, blame them all. Not just those you don't like.

 
What "illegal" loophole did Romney use?

[Coach is Back!]

horseshit

Romney used ever loophole (legal and illegal) to avoid paying taxes

This is bullshit and you know it. The left tried everything they could to discredit him and as usual they failed. Don't you think for one second that any candidate running as republican doesn't know the first thing those moral losers on the left will do. You actually don't think Romney knew his wealth would be in question?

[Coach is Back!]

Re-read my post.

Using legal loopholes is fine as far as I'm concerned. If you don't like the system, work to change it. Don't blame people for using it to their advantage.

And if you're going to blame some people who do so, blame them all. Not just those you don't like.

 
What "illegal" loophole did Romney use?

Prepare for a "mother jones" link.

[Straw Man]

Re-read my post.

Using legal loopholes is fine as far as I'm concerned. If you don't like the system, work to change it. Don't blame people for using it to their advantage.

And if you're going to blame some people who do so, blame them all. Not just those you don't like.

 
What "illegal" loophole did Romney use?

hard to say since he was never caught and possibly was given amnesty

http://bit.ly/1EWwQcp

[I ETA PI]

hard to say since he was never caught and possibly was given amnesty

http://bit.ly/1EWwQcp

You're missing the whole point. 

Romney wants lower taxes for everyone and finds ways to pay less taxes himself
Soros wants higher taxes for everyone....but finds ways to pay less taxes himself

[2Thick]

hard to say since he was never caught and possibly was given amnesty

http://bit.ly/1EWwQcp

That's what I figured. 

[2Thick]

You're missing the whole point. 

Romney wants lower taxes for everyone and finds ways to pay less taxes himself
Soros wants higher taxes for everyone....but finds ways to pay less taxes himself

Don't confuse him with unbiased facts, truth, and logic.

[bears]

Re-read my post.

Using legal loopholes is fine as far as I'm concerned. If you don't like the system, work to change it. Don't blame people for using it to their advantage.

And if you're going to blame some people who do so, blame them all. Not just those you don't like.

 
What "illegal" loophole did Romney use?

this.

and people who actually prepare tax returns and actually help clients with tax planning have no use for the term "tax loophole".  It's an idiotic term meant to confuse people who don't know anything about tax, which is mostly everyone.

I always say it the same way to people....

"which provision of the IRC do you find unfair and why?"

it's always crickets.....always.  because again "tax loophole" is simply a term used by liberal pundits to demonize white rich people.  period. 

[Vince G, CSN MFT]

What's the deal with libtards not paying "their fair share"?


http://www.bloomberg.com/news/articles/2015-04-30/george-soros-s-tax-bill

He's smart not to as its legal at the time until 2017.  He's holding the money to collect interest and invest to make more.  He's worth 25 billion so its no skin off his back

[2Thick]

He's smart not to as its legal at the time until 2017.  He's holding the money to collect interest and invest to make more.  He's worth 25 billion so its no skin off his back

But why does he want everyone else to pay more and more while he deliberately does everything he can to pay less and less? Why shouldn't he be for everyone else doing what he does and pay very little?

There's absolutely nothing prohibiting these limousine liberals from paying more than they have to if they wish. But I doubt that any of them are donating an extra billion or two each year to the Dept of the Treasury.

[whork]

But why does he want everyone else to pay more and more while he deliberately does everything he can to pay less and less? Why shouldn't he be for everyone else doing what he does and pay very little?

There's absolutely nothing prohibiting these limousine liberals from paying more than they have to if they wish. But I doubt that any of them are donating an extra billion or two each year to the Dept of the Treasury.

Hypocrisy.

Also no one likes to pay taxes.

[forillagorilla]

hard to say since he was never caught and possibly was given amnesty

http://bit.ly/1EWwQcp

Are you stupid??? His point was that Romney argues for lower taxes for all.... NO SHIT he uses every loophole..
Soros claims that the rich should pay more - YET he does everything he can to eliminate paying taxes himself..
How can liberals be so stupid that they don't see the hypocrisy.. 
Its a FACT that a liberal mindset will never and has never ONCE built true wealth...  If you say otherwise - your stupid..
Now there are many that build wealth (with strong libertarian / capitalist methods) and then later espouse liberal ideology FOR OTHERS... its simply impossible to build wealth with socialist policy

[whork]

Are you stupid??? His point was that Romney argues for lower taxes for all.... NO SHIT he uses every loophole..
Soros claims that the rich should pay more - YET he does everything he can to eliminate paying taxes himself..
How can liberals be so stupid that they don't see the hypocrisy.. 
Its a FACT that a liberal mindset will never and has never ONCE built true wealth...  If you say otherwise - your stupid..
Now there are many that build wealth (with strong libertarian / capitalist methods) and then later espouse liberal ideology FOR OTHERS... its simply impossible to build wealth with socialist policy

Not true the top communist party members is/was very wealthy.
So its not so different from capitalism in that regard.

But you are right about socialism off course, in kills initiative.

But socialism and liberalism is not the same.

[Vince G, CSN MFT]

But why does he want everyone else to pay more and more while he deliberately does everything he can to pay less and less? Why shouldn't he be for everyone else doing what he does and pay very little?

There's absolutely nothing prohibiting these limousine liberals from paying more than they have to if they wish. But I doubt that any of them are donating an extra billion or two each year to the Dept of the Treasury.

He used a tax loophole....like every other wealthy person from Romney, Obama, Bush, you name it.  That's why the rich unfortunately get richer

[2Thick]

He used a tax loophole....like every other wealthy person from Romney, Obama, Bush, you name it.  That's why the rich unfortunately get richer

Try to keep up, Vince. We know he uses loopholes.

But the question is why does he want EVERYONE ELSE to pay MORE and MORE taxes while he pays as little as he can?

The only answer I can come up with is that it's because he's a hypocrite.

[Vince G, CSN MFT]

Try to keep up, Vince. We know he uses loopholes.

But the question is why does he want EVERYONE ELSE to pay MORE and MORE taxes while he pays as little as he can?

The only answer I can come up with is that it's because he's a hypocrite.

Because if everyone else pays more....he MAKES MORE MONEY.

[avxo]

Because if everyone else pays more....he MAKES MORE MONEY.

A subject on which you are, no doubt, an expert.