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Unread 01-20-2012, 06:46 AM   #1
Jiro
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GingRICH

Inside Newt Gingrich's tax return - Jan. 19, 2012
Quote:
NEW YORK (CNNMoney) -- Presidential candidate Newt Gingrich was the first over the line in the Great Tax Return Race of 2012.

On Thursday night, just as the final debate before South Carolina's Republican primary was getting underway, Gingrich posted online the 2010 joint federal tax return he filed with his wife, Callista.

That's the percentage of the couple's total income -- $3,162,424 -- they owed in federal income taxes. Their total tax bill was $994,708.

Gingrich's opponent Mitt Romney said this week that he estimates his effective federal tax rate is about 15% -- a number driven down by Romney's millions in investment income, which is typically taxed at a lower rate than ordinary income such as a salary.

By contrast, the vast majority of Gingrich's income -- more than $2.5 million -- came from money he earned from his businesses, the biggest of which is Gingrich Productions. And it's likely that at least a portion of that income was taxed at ordinary income tax rates, which run as high as 35%.

At the CNN debate Thursday, Romney again said he would release his 2011 tax return when it is completed in April, and added that he may also release returns from prior years as well.

In addition to his businesses, Gingrich drew income from speaking and board of director fees, a rental property, and from his many stocks, mutual funds and certificates of deposit.

Gingrich's return also showed that he paid close to $20,000 in alimony in 2010, nearly $15,000 for household help and more than $8,000 in tax preparation fees. He also received $76,000 in pensions and annuities.
Gingrich Productions? Photo Gallery - Gingrich Productions

the biggest portion of over $2.5 million came from Gingrich Productions? the one that made a stupid book called "Sweet Land of Liberty"? and some other books that he most likely never wrote a single word of it? all that.... for that much $$$? seriously?

Truth? His silly little business is a money-laundering front.
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Unread 01-20-2012, 07:08 AM   #2
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Watchdog: Gingrich Productions may have illegally donated to campaign - The Hill's Blog Briefing Room
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A Washington watchdog requested a Federal Election Commission investigation Monday into Republican presidential candidate Newt Gingrich’s campaign contributions.

Citizens for Responsibility and Ethics in Washington (CREW) believes Gingrich Productions may have made illegal donations to Gingrich’s campaign, according to a CREW press release.

“[Gingrich] has a long history of playing fast and loose with ethics rules so it should surprise no one to learn he is at it again,” CREW executive director Melanie Sloan said in a statement.

Sloan’s group filed a complaint with the commission, citing a Washington Post report on the Gingrich campaign. Gingrich’s campaign purchased his “personal mailing list” from Gingrich for $42,000, the Post reported in early December.

Since the mailing list was not listed as a personal asset on Gingrich’s financial disclosure form, CREW asserts that the mailing list was the property of Gingrich Productions. It was not Gingrich’s personal property, the release stated.

CREW also requested that the commission’s investigation examine if Gingrich Productions “illegally subsidized Mr. Gingrich’s presidential campaign by holding campaign events in conjunction with his book signings.”
Gingrich campaign spokesman R.C. Hammond said the campaign is going by the book.

"If the FEC considers the complaint, they will find that the rules are being followed and published regulations are being enforced," Hammond said in a statement.

Gingrich Productions did not immediately return requests for comment.
why am I not surprised? comical. very comical.
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Unread 01-20-2012, 08:11 AM   #3
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open marriage!
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Unread 01-20-2012, 12:37 PM   #4
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Quote:
Originally Posted by Jiro View Post
Inside Newt Gingrich's tax return - Jan. 19, 2012


Gingrich Productions? Photo Gallery - Gingrich Productions

the biggest portion of over $2.5 million came from Gingrich Productions? the one that made a stupid book called "Sweet Land of Liberty"? and some other books that he most likely never wrote a single word of it? all that.... for that much $$$? seriously?

Truth? His silly little business is a money-laundering front.


"Money-laundering front"!! If you know this for a fact then you are obligated to report it to the authority. If you are posting your own opinion, you should say so.
Which is it?
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Unread 01-20-2012, 12:41 PM   #5
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rolling7 - do you ever use google?
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Unread 01-20-2012, 12:51 PM   #6
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Originally Posted by Jiro View Post
...Truth? His silly little business is a money-laundering front.
How so? How does that work?
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Unread 01-20-2012, 12:58 PM   #7
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Originally Posted by Reba View Post
How so? How does that work?
You didn't know about Gingrich's resignation in 1997 following a scandal over accusations of money laundering through non-profit orgs? he had to pay over $300,000 for ethics violations and financial improprieties.
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Unread 01-20-2012, 01:02 PM   #8
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Originally Posted by DeafCaroline View Post
You didn't know about Gingrich's resignation in 1997 following a scandal over accusations of money laundering through non-profit orgs? he had to pay over $300,000 for ethics violations and financial improprieties.
Jiro posted "is." That means something going on currently. That's what I'm referring to.
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Unread 01-20-2012, 01:09 PM   #9
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FEC Complaint Filed Over Gingrich Campaign Paying $42K For Candidate’s Mailing List | TPMMuckraker

Citizens for Responsibility and Ethics in Washington said in a complaint that they believe that Gingrich Productions Inc. violated the law “by using corporate funds to pay for a portion of the expenses of dual purpse events promoting the candidacy of Newt Gingrich while also promoting the sale of books by Newt Gingrich and by collecting the email addresses of people attending the dual purpose events for the purpose of soliciting contributions.”
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Unread 01-20-2012, 01:13 PM   #10
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This is an old article (dated 2008) so sorry about that - just doing this to point out the amazing amount of hypocrisy going on.


Obama Accepting Untraceable Donations


Quote:
Sen. Barack Obama's presidential campaign is allowing donors to use largely untraceable prepaid credit cards that could potentially be used to evade limits on how much an individual is legally allowed to give or to mask a contributor's identity, campaign officials confirmed.

Not only that - but he was accepting foreign campaign donations.
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Unread 01-20-2012, 01:18 PM   #11
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Originally Posted by DeafCaroline View Post
rolling7 - do you ever use google?
Sure I do. Are you saying I missed a report that there is proof of money-laundering? I don't think I did and I do think you think I'm right.
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Unread 01-20-2012, 01:20 PM   #12
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Originally Posted by DeafCaroline View Post
FEC Complaint Filed Over Gingrich Campaign Paying $42K For Candidate’s Mailing List | TPMMuckraker

Citizens for Responsibility and Ethics in Washington said in a complaint that they believe that Gingrich Productions Inc. violated the law “by using corporate funds to pay for a portion of the expenses of dual purpse events promoting the candidacy of Newt Gingrich while also promoting the sale of books by Newt Gingrich and by collecting the email addresses of people attending the dual purpose events for the purpose of soliciting contributions.”
According to that link's update: Gingrich spokesman R.C. Hammond responds: “If the FEC considers the complaint, they will find that the rules are being followed and published regulations are being enforced.”

So, apparently nothing's been resolved yet. We'll have to wait and see.
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Unread 01-20-2012, 01:25 PM   #13
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Quote:
Originally Posted by Reba View Post
According to that link's update: Gingrich spokesman R.C. Hammond responds: ďIf the FEC considers the complaint, they will find that the rules are being followed and published regulations are being enforced.Ē

So, apparently nothing's been resolved yet. We'll have to wait and see.
Of course they are going to say that - has Gingrich ever admitted to wrongdoings? Nope. has he been caught, reprimanded and fined for financial wrongdoings? Yep.

Indeed, let's wait and see...in any case, no matter, he will never win. That's really all I care about.
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Unread 01-20-2012, 01:31 PM   #14
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Originally Posted by DeafCaroline View Post
Of course they are going to say that - has Gingrich ever admitted to wrongdoings? Nope. has he been caught, reprimanded and fined for financial wrongdoings? Yep.
Each accusation must be judged on its own merits, not on the past.

Quote:
Indeed, let's wait and see...in any case, no matter, he will never win. That's really all I care about.
Really? I thought you would care about the truth. No?

Personally, I wasn't planning to vote for him tomorrow anyway. However, I do believe in knowing the truth, one way or the other.
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Unread 01-20-2012, 01:32 PM   #15
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This is an old article (dated 2008) so sorry about that - just doing this to point out the amazing amount of hypocrisy going on.


Obama Accepting Untraceable Donations
Not only that - but he was accepting foreign campaign donations.
snopes.com: Obama's Troubling Internet Fund-Raising
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Unread 01-20-2012, 01:37 PM   #16
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Originally Posted by Reba View Post
Each accusation must be judged on its own merits, not on the past.


Really? I thought you would care about the truth. No?

Personally, I wasn't planning to vote for him tomorrow anyway. However, I do believe in knowing the truth, one way or the other.
I do care about the truth - that's why I actively read and research all the time. But I also care about Gingrich not getting elected and that's, quite frankly, a little more important to me at the moment. He's had a long history of being questionable with finances, any reason to believe he's suddenly pure and angelic? he's given us no reason to.

You seemingly have the habit of not actively searching the truth yourself or posting anything that proves others wrong but instead questioning AD members who don't share your political views just for the sake of being contrary when you could have responded with sources proving them wrong instead of saying over and over again "prove it, prove it." Reba, I like you but not your debating style.
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Unread 01-20-2012, 01:42 PM   #17
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Quote:
Originally Posted by Steinhauer View Post
This is an old article (dated 2008) so sorry about that - just doing this to point out the amazing amount of hypocrisy going on.


Obama Accepting Untraceable Donations

Not only that - but he was accepting foreign campaign donations.
Feel free to make a new thread about it but this thread is about Gingrich, not Obama. Please stay on topic.
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Unread 01-20-2012, 01:50 PM   #18
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I do care about the truth - that's why I actively read and research all the time. But I also care about Gingrich not getting elected and that's, quite frankly, a little more important to me at the moment...
Wow! You'd be willing to lie or mislead just to get votes for your candidate.


Quote:
You seemingly have the habit of not actively searching the truth yourself or posting anything that proves others wrong but instead questioning AD members who don't share your political views just for the sake of being contrary when you could have responded with sources proving them wrong instead of saying over and over again "prove it, prove it." Reba, I like you but not your debating style.
Not true. I look up the links that people post, and actually read them, and verify the sources. I do that with all sides.

Perhaps you don't notice but I also do question, elaborate on, and correct statements made by those who do share my political views.

I don't think it hurts to present more than one viewpoint on a topic.
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Unread 01-20-2012, 01:59 PM   #19
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Intentionally misleading ... just like Obama's new ad campaign about all those jobs HE created in Energy (they existed before he ever took office). And how oil dependence on foreign oil has gone down while he was in office. It has gone down because the price has gotten so high and caused the economy to tank.

You can spin it any way you like - Obama accepted foreign campaign donations.

Archived-Articles: Obama's Foreign Donors: The media averts its eyes

Some came from Palestinians in Gaza (which might explain Obama's stance with our nation's ally, Israel).
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Unread 01-20-2012, 02:00 PM   #20
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Quote:
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Wow! You'd be willing to lie or mislead just to get votes for your candidate.



Not true. I look up the links that people post, and actually read them, and verify the sources. I do that with all sides.

Perhaps you don't notice but I also do question, elaborate on, and correct statements made by those who do share my political views.

I don't think it hurts to present more than one viewpoint on a topic.
"You'd be willing to lie or mislead just to get votes for your candidate." Are you effin' serious? Did you just say that I would deliberately lie or mislead to get a candidate elected? Holy shit...

And I thought you were a decent Christian but i am rapidly changing my mind right now, that was a dirty underhanded thing to say to someone who is posting her opinion and commenting on what has already been proven about Gingrich's history with financial dealings. To suggest I must be a liar and misleader instead of proving me wrong on his history is so lame, Reba. Really lame. And quite frankly pathetic.

I'm done with you.
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Unread 01-20-2012, 02:00 PM   #21
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How so? How does that work?
it's in OP
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Unread 01-20-2012, 02:01 PM   #22
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Quote:
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Feel free to make a new thread about it but this thread is about Gingrich, not Obama. Please stay on topic.
More hypocrisy ...
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Unread 01-20-2012, 02:05 PM   #23
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You didn't know about Gingrich's resignation in 1997 following a scandal over accusations of money laundering through non-profit orgs? he had to pay over $300,000 for ethics violations and financial improprieties.
If you care about the truth so much and you active research, why can't you admit this simple truth......"ethics violations and financial improprieties" do NOT EQUAL "money laundering"? The O.P.is trying to make equal but that is totally false.
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Unread 01-20-2012, 02:09 PM   #24
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Sure I do. Are you saying I missed a report that there is proof of money-laundering? I don't think I did and I do think you think I'm right.
You would be wrong, as usual.
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Unread 01-20-2012, 02:11 PM   #25
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Quote:
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"You'd be willing to lie or mislead just to get votes for your candidate." Are you effin' serious? Did you just say that I would deliberately lie or mislead to get a candidate elected? Holy shit...

And I thought you were a decent Christian but i am rapidly changing my mind right now, that was a dirty underhanded thing to say to someone who is posting her opinion and commenting on what has already been proven about Gingrich's history with financial dealings. To suggest I must be a liar and misleader instead of proving me wrong on his history is so lame, Reba. Really lame. And quite frankly pathetic.

I'm done with you.

Reba was not trying to harm you in any way. Have you forgotten her military background?
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Unread 01-20-2012, 02:13 PM   #26
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Didn't Newt Gingrich recently accuse Mitt Romney for being a capitalist?

There will not be a newt in the White House, so no worries.
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Unread 01-20-2012, 02:18 PM   #27
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Didn't Newt Gingrich recently accuse Mitt Romney for being a capitalist?

There will not be a newt in the White House, so no worries.
I always thought Gingrich was delusional for ever thinking he had a snowball's chance in hell of getting into the White House. I knew the moment he talked about how he would address the issues in the Mid-East that he just killed whatever remote chances he had left of being elected.
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Unread 01-20-2012, 02:19 PM   #28
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You would be wrong, as usual.
See #23....
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Unread 01-20-2012, 02:20 PM   #29
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Intentionally misleading ... just like Obama's new ad campaign about all those jobs HE created in Energy (they existed before he ever took office). And how oil dependence on foreign oil has gone down while he was in office. It has gone down because the price has gotten so high and caused the economy to tank.

You can spin it any way you like - Obama accepted foreign campaign donations.

Archived-Articles: Obama's Foreign Donors: The media averts its eyes

Some came from Palestinians in Gaza (which might explain Obama's stance with our nation's ally, Israel).
We're talking about Gingrich, this thread is about Gingrich, the title of this thread is "Gingrich". You want to talk about Obama? Follow Jiro's advice and start up another thread.
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Unread 01-20-2012, 02:20 PM   #30
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I always thought Gingrich was delusional for ever thinking he had a snowball's chance in hell of getting into the White House. I knew the moment he talked about how he would address the issues in the Mid-East that he just killed whatever remote chances he had left of being elected.
... and not to mention that his personal life isn't that pretty either. Neither is his political career. After all, he did get fined $300,000 for unethical conduct. Isn't it also true that he was forced out the the party to avoid any more embarrassment? I remember they started doing an investigation on dozens and dozens of crimes that were alleged, however they never were turned over to the DOJ.
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