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The New York Times Company Message Board

  • berockedagain berockedagain Aug 17, 2012 9:01 PM Flag

    Why Libs LOSE AGAIN on Romney Tax Returns

    It's called S-CORP Filings.

    Romney has at least 15 S-CORPs he is affiliated with.

    S-Corp can keep retained earnings (profits) and then pay its shareholders a dividend taxed at long-term cap gains rate which equates to their salary.

    Now if you're gonna try to take 300,000 pages of tax code and try to explain that to the sheeple then you will surely lose.

    If on the other hand you attempt to blame Romney for advancing "The Buffet Rule" (which IS THE S-CORP Loophole) - then you lose again because it plays right into what Romney has been saying along.


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