In Light of All Of Romney’s Shady Tax Dealings, He Must Be In Big Trouble With The IRS, Huh?

Romey’s tax situation is dominating the news cycle, again. Just look at these recent headlines:

 CBS News: Durbin: Romney needs to release tax returns
“On ‘Face the Nation,’ Senator Richard Durbin, D-Ill., challenged the presumptive Republican nominee for president to be more transparent with his finances, including releasing more years of his tax returns. ‘Mitt Romney has failed to make an economic disclosure that every president and candidate for president has made in the last 36 years. It goes back to his father, who disclosed 12 years of tax returns – he disclosed one,’ Durbin said.

The Hill: Obama campaign launches fresh attacks on Romney’s finances
“President Obama’s reelection campaign unveiled a fresh round of criticisms of Mitt Romney’s finances Sunday, shortly after several Democrats used the Sunday talking head shows to mount similar attacks. The campaign released a new video that slams Romney for alleged reliance on tax havens, signaling a strong push to capitalize politically on a Vanity Fair magazine story about Romney’s holdings outside the U.S. Vanity Fair last week reported on a corporation established in the 1990s in Bermuda and holdings in the Cayman Islands, among other aspects of Romney’s finances. ‘Did he put his money there to avoid paying U.S. taxes? We don’t know, because he won’t follow precedent and release his tax returns,’ says Ben LaBolt, a spokesman for Obama’s Chicago-based reelection campaign.

The Detroit News: What is Mitt Romney hiding?
“Mitt Romney’s money is in the news again this week after an investigative piece by Vanity Fair took a look at his convoluted finances. It’s a complicated article, so let’s unpack it in increments. The first questions that should be answered are about Romney’s IRA. It’s a lot different than most of ours. His IRA raises two key questions, both of which his campaign has consistently declined to answer: How, despite a $6000 legal limit on annual contributions to an IRA, did Romney’s IRA grow to over $100 million? And did he avoid any U.S. taxes on its enormous returns? […] the answer seems to be it’s possible to accrue that much money in an IRA by creative accounting and tax dodging using off-shore tax shelters. Of course, nobody knows for sure. However, these questions could be easily answered if Mr. Romney released his prior tax returns, as has been the precedent since his Dad, George Romney, established it back when he was running for president. 

Indeed! What is he hiding? I mean, my gosh, this has all the appearance of impropriety. Where there’s smoke, there is surely a smoking gun of proof that Mitt Romney is guilty of gross tax malfeasance that would shock the nation….

DaTechGuy makes an interesting point, though:

While this info has not been disclosed to the public it HAS been disclosed to the IRS.

Maybe it’s just me but if the IRS saw something untoward during in Mitt Romney’s tax returns, I have a feeling that they would not hesitate for one minute to pursue it and extract every penalty that would be due.

Now Warren Buffett for example has a big back tax bill that both the Huffington Post and the Blaze has reported on. Maybe it’s just me but I’m thinking if Mitt Romney had a similar problem, if he owed taxes, or had a big penalty or had to go to court to defend such issues we might just have heard about it during the Massachusetts Gov Campaign, or during his Senate Campaign vs Ted Kennedy, or the 2008 Presidential Campaign, or even in the primaries in 2012…

…but we haven’t.

Strange, that.

Obama the Underdog: Outspent in 2004 and 2008 And Probably Again in 2012

Can somebody please, please spare this poor man-of-the-people a dime?

He made the claim that he was outspent by his Republican opponents in past races at various stops on his campaign bus tour, last week.

Here he is  at a campaign event in Pittsburgh, PA on July 6th, claiming that he was outspent in his first campaign (2004), and in 2008:

I can’t tell you how depressing it is to me that this jackhole still has the amount of support he has. In a healthy, sane country, the vast majority of people would scornfully turn their backs on such a transparently phony and deceitful miscreant.

You know what’s really pathetic, though? The bulk of his supporters are so clueless, they believe this shameless  flim flam artist’s lies. The ones who know better, laugh and pretend not to notice. They live  in a universe of lies. When a lie is exposed, they’ll project and say Mitt is ten times worse, or insist that the tape was doctored.

Ends justify the means, iykwimaityd.

The Daily Caller reported:

President Barack Obama on Thursday claimed he was outspent in his 2004 Senate election race, even though he had almost six times as much money as his opponent. Later in the day, Obama claimed “we were outspent” in the 2008 presidential race, despite out-raising all other candidates.

“I got outspent when I ran [the] first time for Senate,” he claimed as he was ending his heated campaign-trail speech in Maumee, Ohio.

Obama was misleading.

The Federal Election Committee’s website shows that Obama’s campaign claimed $14,807,432 in donations by December 2004.

In contrast, his opponent, Alan Keyes, had only $2,545,325, according to the FEC.

That’s a six-fold advantage for Obama, not a deficit.

Obama’s advantage in his 2004 race was, in fact, the largest in that year’s Senate races according to a 2006 book, “In The Election After Reform: Money, Politics, and the Bipartisan Campaign Reform Act.” So, in what world was he “outspent”

As for 2008, here’s a handy little chart, provided by Doug Powers at Michelle Malkin’s, revealing Obama’s idea of being “outspent” in that race:

Mark Hendrickson of the American Thinker recently noted that contempt is the defining characteristic of the Obama presidency.

There is no better way, in my opinion, to show contempt for your own voters, than to blatantly lie  right to their faces.

Hopefully, some reporter will ask Propaganda Minister, Jay Carney about this at today’s press briefing.

No doubt, Obama was taken out of context.

The part you missed was, “If I were starting from scratch, I would have been outspent in 2004 and 2008.”

Yeah, that’s the ticket.