Thread: Uh oh
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X ` Man[_3_] X ` Man[_3_] is offline
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First recorded activity by BoatBanter: Oct 2011
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Default Uh oh

On 7/19/12 2:36 AM, wrote:
On Wed, 18 Jul 2012 15:17:48 -0700, jps wrote:

On Wed, 18 Jul 2012 15:08:53 -0700, "Califbill"
wrote:

"X ` Man" wrote in message
m...

Romney apparently paid NO federal income taxes
for tax year 2009...

Love it.
---------------------------------
Maybe he lost money that year. Friend of mine due to the economy has lost
about $20 million a year for the last 2 years.


Then why withhold?


... In case he did make some money?

The IRS penalty for underpaying your withheld taxes is far greater
than any interest you would get by holding it in any liquid asset. I
always have them holding money that I end up getting back in April.



If it comes out that he paid no federal income taxes for tax year 2008,
it'll be the end of his campaign. Then, I suppose, the GOP can
substitute one of its bat**** crazy candidates who fell by the wayside
this past spring.