Political Gum Hockey

Political Commentary and Humor

Mitt Romney Disqualifies Himself from the Presidency of the United States

Mitt Romney has disqualified himself from the presidency. He probably had done that already by showing his incompetence and dishonesty during the crisis in which Americans were killed in Libya, and when he was caught writing off as “freeloaders” half of the country, but now he has declared himself, in his own words, to be disqualified to be President.

See this video as one example.

This, of course, has to do with his intentional manipulation of his 2011 tax returns in which he took fewer deductions than allowed. Why would he do this? Especially after having declared that only a fool would do so?

For political expediency, of course.

Mitt made a political statement saying he paid “over 13%” in taxes all of those years. Except his 2011 taxes were about to prove otherwise. So he told his tax preparation team – the same ones who hide millions of dollars of income overseas to avoid paying any federal income tax on it – to “miss” taking deductions. To artificially pump up his tax rate over 14%. To keep from being called a liar.

His loss, right? Well, no. He won’t lose a cent.

Right after the election, when no one is paying attention, Romney will immediately file an amended return to claim all of the deductions he and his highly paid team of professional tax lawyers somehow “missed.” So he will retroactively get all those deductions he “missed.”

Kind of like he “retroactively” retired from Bain Capital. And yet somehow still gets paid by them today.

So whether Mitt and his team of professionals are incompetent or dishonest isn’t really important. Either disqualifies him from being president.

Mitt himself says so.

CNN has a good analysis of why Mitt Romney chose to be dishonest in the release of his 2011 tax returns and why he is still hiding his previous tax returns even though he gave them to John McCain four years ago (ever hear of a copy machine?).

UPDATE: The Romney campaign has issued a statement declaring that, in fact, they manipulated the tax return purely for political purposes.

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September 22, 2012 Posted by | Mitt Romney, Taxes | , , , , | Leave a comment