Romney backer goes off the rails...

[Torie]

Px is just trying so hard, bless him, first with a thread that McCain once thought Palin was a better candidate, and now that Mittens has some intemperate supporters.  At this rate, Mittens should drop out within weeks, if not days. How can he stand this kind of pressure? He is going to decompose into nothing just like the wicked witch of the west in the Wizard of Oz when subjected to water boarding.  

[Torie]

If failing to repatriate money back to the US is "un-American" as Joe says, then almost every multinational corporation that is US based is un-American, since they all keep money abroad in foreign subsidiaries - including in particular Obama's favorite corporation GE, which paid no US taxes at all.

Interest and other such passive income  by the way earned and kept offshore in a foreign corporate subsidiary is taxed in the US as "subpart F" income as it is referred to in the trade. Only income from the active running of a business is not taxed, and the reason Mittens' income was not taxed is that it was in an IRA account, and it would not be taxed in the US anyway.

Income of individuals is taxed in the US no matter where it is earned or kept, subject to a $70,000 per year exclusion for income earned abroad as opposed to passive Subpart F income if one is a resident abroad (not just going on a gig for a week to make some money abroad). To the extent of my knowledge of international taxation law, there just is no "there" there - not even legal tax avoidance by Mittens.

It is all sound and fury signifying nothing. Thank you.

[Torie]

OK all you accusatory conspiracy theorists, show us ONE piece of hard evidence of your senseless accusations against Romney.

You can't, because none exist.

Well, there is the demonstrable fact that either he or somebody else fudged how long he was at Bain for some odd reason.

I also enjoy the fact that somebody whose display name compares Barack Obama to Richard Nixon is calling others accusatory conspiracy theorists.

Mittens was in Utah running the Olympics rather than "at Bain," and not involved with it, despite apparently holding a title for a period, although I have yet to see a story that clearly explains it. In due course, Mittens will of course. He has to.