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Romney Offers Palinesque Word Salad for Tax Plan and Gets Busted for Offshore Accounts
We found out today that offshore investments did help Romney get as rich as he is, even though he told you otherwise. I know, you’re shocked. But not as shocked as Romney will be if this comes up at the debate tomorrow night, since he still hasn’t come clean with the American people.
One day before the first debate, Mitt Romney has failed to come clean with the American people -for months, Romney has been claiming that his offshore holdings in tax havens like Bermuda and the Cayman Islands have brought him ‘not one dollar of reduction in taxes.’
This morning, The New York Times reported that Romney’s offshore holdings have indeed benefited him financially – bolstering his IRA by avoiding taxes on its investments and possibly reducing his personal income tax bills – and they allowed Bain-owned companies to sidestep certain taxes in order to increase income for Romney and other wealthy investors.
This is just more Mystery Mitt on taxes, and this is the guy who wants you to give him the reigns to the country. Last night, Mitt Romney announced that he might indeed have a tax plan. Might, I said. Because he wasn’t committed to it. He might and the plan could, though that is hardly the same thing as saying it will. Here it is, the big plan as Romney explained it to Denver’s FOX31, prefaced by a warning that the specifics could be up to individual taxpayers, or Congress (so, what does that mean?):
“As an option you could say everybody’s going to get up to a $17,000 deduction; and you could use your charitable deduction, your home mortgage deduction, or others — your healthcare deduction. And you can fill that bucket, if you will, that $17,000 bucket that way. And higher-income people might have a lower number.”
In case you got the tingles, not so fast, because he already walked that one back:
“Or you could do it by the same method that Bowles-Simpson did it where you could limit certain deductions, but that’s the sort of thing you do with Congress.”
In other words, it sounded like he might have had a plan but not so much. This is just more veils and shell games. Might, could, or, up to Congress — this is not a specific. This is not an idea. This is not a policy. This is a word salad of nothingness supported by a ‘might’, a ‘could’ and an ‘or’. The difference is that whereas Sarah Palin really did not know what she was talking about, Mitt Romney does. He’s just trying to hide the nothingness in a Palin word salad.
The tax-dodger needs to pony up with some specifics before tomorrow night, because right now it’s looking like he just got busted using foreign accounts to avoid paying taxes while he will not tell us the actual, real specifics of his actual, real plan without qualifying and dodging it away.
The Obama camp is hardly ignoring this, so Romney should expect to be hit with it tomorrow at the debate. A new web video from OFA shows how he’s been caught hiding the truth:
Romney finished his interview with this insightful tidbit about his contempt for the 47%, “I don’t think it’s ever productive for someone like me to get into the details of how the campaign is going to cobble together the details of how someone like me is going to win an election. So when I’m talking politics and the dynamics of bringing in the number of votes I’m going to need, why, I’m talking about something that isn’t of interest to most folks.”
Did you get that? Someone like me doesn’t need to explain someone like me because it’s not interesting to most people, just ask SOMEONE LIKE ME. If that doesn’t make the Romney camp weep, I don’t know what will.
This guy is going to beat Obama tomorrow night with words? Those clouds are just the right height, also, too.
Image: Zazenlife
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18 Responses to Romney Offers Palinesque Word Salad for Tax Plan and Gets Busted for Offshore Accounts
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j
Oct. 2nd, 2012 at 7:00 pm
I hear that he is going after the president about the situation in Libya, I wonder if he knows the republican congress refused to allow Obama the amount of money he asked for to protect overseas embassies!
Sally
Oct. 2nd, 2012 at 7:24 pm
If he doesn’t he and the nation will know in about 26 hours. I’d feel sorry for Mitt, but the GOP has sucked all the empathy out of me.
Sandra
Oct. 3rd, 2012 at 11:17 am
If Romney was a real businessman who actually produced tangible products people could purchase, he would have gone bankrupt. Based on his campaign todate and his statements and remarks, it’s fair to say this man is not intelligent but a con artist who screwed American workers and made a fortune doing it. He would have made a great mafia boss in earlier decades. Someone needs to remind him these offshore accounts are referred to as ‘tax havens’ for a valid reason.
Reynardine
Oct. 2nd, 2012 at 7:17 pm
That last sentence sounds like he’s planning on getting the number of votes he needs without that number of people actually voting for him, and that’s why it shouldn’t interest most people, who are actually the ones who’d have to be voting for him in order to really have that number of votes. I hope I’ve made myself clear.
James Threadgill
Oct. 2nd, 2012 at 7:19 pm
They are the rich and handmaidens of the rich. They fancy themselves as nobility while there is nothing noble about them. They are driven by greed and governed by the worst impulses.
regressivewatch.org/wordp...
sugapea
Oct. 2nd, 2012 at 9:19 pm
Yes…And Queen Ann said: “It’s our turn now”.
Queen Ann wants our White House even more than Mitt does, I believe.
www.youtube.com/watch?v=b...
gsb
Oct. 5th, 2012 at 3:46 pm
Didn’t Queen Ann also say”You can trust Mitt, he takes care of me” That is supposed to be an honest opinion?
Nefer
Oct. 2nd, 2012 at 7:32 pm
“I don’t think it’s ever productive for someone like me to get into the details of how the campaign is going to cobble together the details of how someone like me is going to win an election. So when I’m talking politics and the dynamics of bringing in the number of votes I’m going to need, why, I’m talking about something that isn’t of interest to most folks.”
What?! We aren’t interested in how he plans to win the election? What is he babbling about? The peasants don’t really worry about what all the royal folks are doing as long as nobody burns down their squalid hovel or kills their pig or tramples the corn?
Daily, they are telling us that there’s no sense bothering our doltish little heads about complicated important people stuff.
It is getting reeeeal old!
Kenneth Morgan
Oct. 2nd, 2012 at 8:35 pm
We how how he plans to win. /cheat. He has mney bundlers of ‘Bain boys in Booz Allen, and a spanish company called ‘Scytl’ that does 25% of vote counting for the entire US. Besides the voter ID laws that have not been revoked or stayed, funding training camps of idiots to question and confront people at the polls and the above relationships with shady corporations is how he plans to win. We will not have this, and if it happens, Romney and Ryan will need to live in bunkers for four years.
Kitty
Oct. 2nd, 2012 at 9:03 pm
OK Mr. Romney & your shit don’t stink either I assume. If that’s so true (and I know it’s not) why put your money outside the U.S.???? You really do think that we are dumb don’t you??? Well you may be right that the people who choose to vote for you are but the ones that count are not & will not vote for you….scum bag!!
ilegal guerrero
Oct. 2nd, 2012 at 9:22 pm
YoKnit as,a,hypocrit as,you are do you realy think i would waste my vote on someone that doesnot care enough to bring his money into this,country and has made,millions outsourcing jobs and investments in foreign countries no thanks knit you are no good for me my family my country and or me go back marry sara ryan and live happily after take a.n her children and go where there. Is va hospitals,so they ca. treat her on her made up illneses
harris stein
Oct. 2nd, 2012 at 10:09 pm
Mitt and the tea party republicans thought the election would be a cake walk with an 8% unemployment rate for the last 2 years. So their attitude of course was “plan?,” “What plan?” “We don’t need no stinking plan.”
Well, most correct thinking people understand that President Obama came into office just as Bush and the republicans were presiding over the greatest economic downturn since 1930. Franklin Roosevelt needed 4 terms to end the great depression and even President Eisenhower didn’t end the new deal when he came into office. He continued Roosevelt’s policies.
Romney and Ryan are discovering that their lack of details has got them into a bit of trouble. Now Romney is talking up the Simpson-Bowles Plan. That’s all well and good. What he seems to have forgotten is that Simpson-Bowles doesn’t cut taxes an additional 20% beyond the Bush tax cuts like Romney-Ryan wants to. It only maintains the level of the Bush tax cuts and raises the age of entitlement for social security and includes raising the cap on FICA and medicare taxes. It doen’t end medicare. It’s obvious that Romney doesn’t want to talk specifics. In the debates President Obama will need to politely ask Romney what are the details of his plan.
j
Oct. 3rd, 2012 at 7:23 am
So, as Romney Ryan try to cobble together a tax plan for mere mortals, Romney is probably still planning on keeping his hundreds of millions out of the US so that his rules do not apply to him!!!
Rudy Gonzales
Oct. 3rd, 2012 at 1:03 pm
Romney and Ryan’s continued hiding behind the FOX-hole has given him no respit from the real media. Romney’s off-shore accounts are a haven for tax dodging and hiding money from church donations. It is important for everyone to vote this cycle – Nothing is guaranteed except death and taxes. – If you do not vote this cycle you convey to another, more power and influence with their vote. If you do not vote this cycle you convey to another the privilege to make your decision’s for you. Taxes on the middle class should be reduced and any additional taxes should be borne by the top 1%. There has been a steady uptick in jobs, the economy and confidence by American’s no matter the negative rhetoric from the TEA-Republican’s.
Lori
Oct. 3rd, 2012 at 1:55 pm
LOOK!!! Paragraphs! What more could one possibly ask for in a presidential candidate (other than the empathy part, of course)?
From Daily Kos:
“During prep sessions in Vermont this past month, Romney has worked tirelessly on the stylistic aspect of his presentation, and Romney’s advisers predict that the former Massachusetts governor will come across as both presidential and empathetic. Rather than fire off brusque retorts, as he often did during primary debates, Romney will take care “to speak in paragraphs about the economy,” a second aide says.
Empathy used to be bad. Now it’s good again, and Mitt Romney’s going to have a go at it. Also, he’s going to speak in paragraphs. More genius!”
Sammy
Oct. 3rd, 2012 at 8:01 pm
I do use charitable deductions, two home mortgage deductions, very, very high deductions for healthcare and even higher for medications but all I got was a refund of $2,300.
Where is the rest of my refund?
Shiva (Moderator)
Oct. 3rd, 2012 at 8:11 pm
BS
Anne
Oct. 3rd, 2012 at 8:57 pm
I do not want to hear the rehearsed soundbites of a 65-year-old fool with a privileged frat boy mentality. He’s seemingly trying to channel Ronald Reagan, whose flippant remark “There you go again” in response to a serious question helped him win the debate and go on to win the election. 32 years later, after a series of disastrous Republican presidencies, it should be painfully obvious that zingers have no place in a debate between two people who are vying for a position that will affect all of our lives. I hope that the president will debate with his usual sharpness, succintness, and humor, and show up this empty suit who has no ideas other than the ones that got this country into such a mess.