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The Big O Goes for the Big Zero Again

loadstar Wrote: Feb 28, 2013 2:18 PM
What so few got about Romney's tax returns is that his recent income has all been capital gains from investments...he had ALREADY PAID higher income tax on that money before, probably including state income taxes as well. So the more recent payments were taxes on top of taxes. This is also true of blowhard Warren Buffett...who by the way has had the tax lawyers for his company Berkshire Hathaway fight the IRS for many years 9at least 10 years) at great expense to other taxpayers.
Gilbert32 Wrote: Feb 28, 2013 3:08 PM
Warren Buffet's true income is also understated because most of it is in the form of unrealized capital gains. His assets increase in value, but are not taxed until he sells them (which he doesn't do).

As the president resumes his “It’s-not-my-fault” presidency-cum-campaign, I’d like to point out to everyone that it’s been 1,401 days since the Democrat-Controlled Senate passed a budget.

I say this because when the Mayan financial calendar runs out on the country this Friday, we’ll be awash in illegal immigrants, downed airliners, out-of-work teachers, Russian missile strikes, Chinese hackers and Aryan Nation terrorists.

And, oh, come on now: We all know that the only real terrorists the White House is worried about are the white supremacists at places like the Family Research Council.

There’s nothing so dangerous to America today as an...