A Couple of Questions for Romney Trustee Brad Malt and Former-IRS-Commissioner-cum-Romney-Testimonial-Provider Fred Goldberg
Between 1990 and 2009, the Romneys’ average annual effective federal tax rate was 20.2 percent, according to [notarized tax return summaries by Romney trustee Brad] Malt. The lowest effective federal personal tax rate they paid in that period was 13.66 percent, he said.
Over the same 20-year period, the couple gave an average of 13.45 percent of their adjusted gross income to charity.
Fred Goldberg, a former commissioner of the Internal Revenue Service, said in a statement released by Romney’s campaign that the couple “fully satisfied their responsibilities as taxpayers.”
“These returns reflect the complexity of our tax laws and the types of investment activity that I would anticipate for persons in their circumstances,” Goldberg said in the statement. “There is no indication or suggestion of any tax-motivated or aggressive tax planning activities.”
— Mitt Romney releases tax return for 2011, showing he paid 14.1 percenttax rate, Philip Rucker, Washington Post
Fred Goldberg, a former commissioner of the Internal Revenue Service, said in a statement released by Romney’s campaign that the couple fully satisfied their responsibilities as taxpayers? That’s good to know, but the question remains: When, exactly, did they satisfy their responsibilities as taxpayers for the years preceding the 2009 IRS amnesty program for anonymous holders of Swiss (and other foreign) bank account holders? Might it have been retroactively, like, maybe, in 2009?
And, there is no indication or suggestion of any tax-motivated or aggressive tax planning activities? That’s good to know, too. But is Goldberg limiting his statement to what Romney revealed in summaries? Or does Goldberg have privy to the records of the $20 million-to-$102 million IRA account held in a Cayman Islands account? And to the mysterious fund, or bank account, or whatever, in Bermuda?
Malt, by the way, was the trustee of the UBS account that was disclosed in the tax return for 2010. The tax return indicated that Malt had closed the account in early 2010.
do you and brad delong have circle jerks with Harry Reid!
Anything is possible with this guy. He is an habitual liar. Therefore anyone taking statements of his advisors as adequate is naive. At this point nothing other than the actual documents will do. Circle jerks? I don’t think so. Circle vomiting; maybe.
David do you have anything constructive to say?
I just hope that the average voter will not just take Romney’s word at face value. I appreciate the fact that I stumbled upon this blog and have a better idea of what questions should be asked in regards to Romney’s return, however I doubt others are as fortunate.
Nevertheless I think Romney is doomed in this election. There isn’t to much that can save him.
Blogger swallowed my comment. To repeat:
“Notarized” is an in context meaningless word intended to impress the rubes. It doesn’t mean the content was ‘verified’, ‘audited’ or even ‘READ’ by the Notary or that the Notary has any independent evidence of the reliability of the author or signatory of the document. It only means that the signatory showed good evidence (usually a Driver’s License) that they were the person who signed the document.
That is the inclusion of the word “notarized” is actually information negative in that it implies some degree of authentication that does not in fact exist.
thanks for pointing that out. i should have caught it myself.
Here ya go Wonkers:
80% of the companies Bain invested in during Romney’s tenure are still profitable. Those company’s have saved and added thousands of jobs to the private sector and a positive effect on thousands of Americans.
Bain refused to invest in morally questionable companies..that sell alcohol, guns and tobacco products.
Union pension funds invest in Bain to the tune of $1.5Billion..unionized teachers, social workers and public personnel in states like Iowa, Nevada and Ohio.
Universities and liberal leaning foundations invest in Bain: Oprah Winfrey Foundation, Charles Stewart Foundation, Doris Duke Foundation, the Metropolitan Museum of Art, the Ford Foundation, the Heinz Endowments are all Bain cients, as are Purdue University, U. of California, U. of Michigan, University of Virginia and the U. of Washington.
Private equity capital funds remain the best performing funds in the Country, according to the California State Teachers Retirement System Fund. When critics charge that all Romney, via Bain, was interested in was making moneuy for investors, they’re right..investors like Teachers.
Romney is a brilliant leader and businessman. The attacks on his Bain leadership are more than misplaced… they are deceptive and false… and uninformed liberal blogspots/bloggers should inform themselves and stop the charade.
its unfair ,the comment about jerking.when there busy velcrowing there lipps to obamas ass!