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FORUMS › General Discussions › Politics › Willard Mitt Romney: Mormon Bishop and Vulture Capitalist of Kolob
TOPIC: Willard_Mitt_Romney:__Mormon_Bishop_and_Vulture_Capitalist_of_Kolob
Created by: Z_Z_Krewe
Original Starting post for this thread:
A 'truth-in-campaign claims' report finds that Mitt Romney used the Mormon Church as a pawn in a scheme to potentially save millions of dollars in tax payments owed the U.S. government.

A Freedom of Information Act request yielded some of the most telling information about Mitt Romney's business holdings yet. A report by Bloomberg dot com found that Mitt Romney set up a "unitrust" in 1996 which allowed him to defer paying his own taxes for at least 15 years.

The unitrust was constructed to grant individuals the ability to defer capital gains taxes on any profit they earn from the sale of assets through charitable means. Essentially this allowed an individual to be able to receive yearly cash payments for the profit from their gains, while paying zero in taxes on said profit.

The report indicates that the fund Romney used as a front formerly contained $750,000 in 2001, but as of 2011 only contains $421,203. As Mitt Romney is worth well over the estimated $250 million, this single trust represents only a fraction of the known financial manipulations that are used in his daily financial affairs.

When asked for a comment the Romney campaign did not deny the holdings and instead opted to say the trust was "operated in accordance with the law."

The Republic-con Party candidate is a liar and wears underarmor from a distant planet where god lives.

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Kolob is a star or planet described in Mormon scripture. Reference to Kolob is found in the Book of Abraham, a work published by Latter Day Saint (LDS) prophet Joseph Smith, Jr. According to this work, Kolob is the heavenly body nearest to the throne or residence of God. While the Book of Abraham refers to Kolob as a "star," it also refers to planets as stars, and therefore, some LDS commentators consider Kolob to be a planet. Other Latter Day Saints (commonly referred to as Mormons) consider Kolob to be a Christian metaphor.

Kolob has never been identified with any modern astronomical object and is not recognized as an ancient concept by modern Egyptology. Kolob is rarely discussed in modern LDS religious contexts, but it is periodically a topic of discussion in criticism of Mormonism. The idea also appears within LDS culture, and there is a LDS hymn about it. Kolob is also the inspiration for the planet Kobol within the Battlestar Galactica universe, created by Glen A. Larson, a Mormon.

A multi-millionaire using a religious title to avoid paying taxes in America is an alien and should be denied the privilege of running as a presidential candidate. This treason is brought to American by the Republic-con Party, and has poinsoned its political integrity.

Treasure Is FL
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The creativity of greed is limitless.

Hazle Township PA
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A 'truth-in-campaign claims' report finds that Mitt Romney used the Mormon Church as a pawn in a scheme to potentially save millions of dollars in tax payments owed the U.S. government.

A Freedom of Information Act request yielded some of the most telling information about Mitt Romney's business holdings yet. A report by Bloomberg dot com found that Mitt Romney set up a "unitrust" in 1996 which allowed him to defer paying his own taxes for at least 15 years.

The unitrust was constructed to grant individuals the ability to defer capital gains taxes on any profit they earn from the sale of assets through charitable means. Essentially this allowed an individual to be able to receive yearly cash payments for the profit from their gains, while paying zero in taxes on said profit.

The report indicates that the fund Romney used as a front formerly contained $750,000 in 2001, but as of 2011 only contains $421,203. As Mitt Romney is worth well over the estimated $250 million, this single trust represents only a fraction of the known financial manipulations that are used in his daily financial affairs.

When asked for a comment the Romney campaign did not deny the holdings and instead opted to say the trust was "operated in accordance with the law."

The Republic-con Party candidate is a liar and wears underarmor from a distant planet where god lives.

Treasure Is FL
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(8306 posts)
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TOPIC: Willard Mitt Romney: Mormon Bishop and Vulture Capitalist of Kolob
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