One of the biggest myths Romney told

[antigop]

MR. ROMNEY: But the — the idea that you get a break for shipping jobs overseas is simply not the case.



http://www.americanprogressaction.org/issues/economy/report/2012/07/16/11935/romneys-new-tax-incentive-for-outsourcing-u-s-jobs/

The former Massachusetts governor would make U.S. corporations’ overseas profits exempt from U.S. taxes. These profits are already treated favorably under the tax code compared to corporate profits that are earned and reported domestically, creating an inefficient bias toward investment offshore. The favorable treatment of profits that are reported offshore also creates rewards for corporations that shift profits (on paper) out of the United States to foreign countries, including tax havens such as Bermuda and the Cayman Islands.

Ed Schultz asked David Cay Johnston about tax breaks for offshoring.

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Fast forward to about the 7:00 mark

[BVictor1]

1. Something he said bigger than everything he said last night.

Romney on '47%': I was 'completely wrong'
Posted: Oct 04, 2012 9:21 PM CDT
Updated: Oct 04, 2012 9:21 PM CDT
By KASIE HUNT
Associated Press
FISHERSVILLE, Va. (AP) - Republican presidential candidate Mitt Romney has described his disparaging remarks about the 47% of Americans who don't pay federal income taxes as "not elegantly stated." Now he's calling them "just completely wrong."

Romney had contended that nearly half of Americans consider themselves "victims" and are dependent on government.

In an interview Thursday night with Fox News, Romney was asked what he would have said had the "47%" comments come up during his debate the night before with President Barack Obama.

http://www.wric.com/story/19741249/romney-on-47-i-was-completely-wrong



I swear this guy is a total douche.

[antigop]

2. welcome to DU n/t

[MADem]

3. You are so kind. "Myth" is a much nicer term that "Big fat stinking fxcking LIE!!"

Of course, there were so MANY lies last night...where to begin?