Reply to thread

Message

<blockquote data-quote="UPS Lifer" data-source="post: 894679" data-attributes="member: 9789">All of us make mistakes, I guess I look at how people react to and fix the mistakes they make.&nbsp; I think our human nature is to forgive people who have a reasonable explanation of a mistake and OWN up to it.&nbsp; Careers are lost over cover-ups not the actual mistake.&nbsp; If you have investments in many states (I don&#039;t know if Cain does) you have to fill out tax returns for each state and each state has different laws and more importantly filing requirements. As complicated as tax codes are, it would be easy to mix something up. Cain&#039;s answer passed the smell test. His tax was paid and I am sure if a penalty was due he paid that also. He didn&#039;t wait for a Democrat or reporter to uncover a missed tax payment like some others in our government have done. More than likely, he had to file extensions as well. There are many forms such as K-1s that can take awhile to get to the investor and all you can do is estimate your tax.</blockquote>

[QUOTE="UPS Lifer, post: 894679, member: 9789"] All of us make mistakes, I guess I look at how people react to and fix the mistakes they make. I think our human nature is to forgive people who have a reasonable explanation of a mistake and OWN up to it. Careers are lost over cover-ups not the actual mistake. If you have investments in many states (I don't know if Cain does) you have to fill out tax returns for each state and each state has different laws and more importantly filing requirements. As complicated as tax codes are, it would be easy to mix something up. Cain's answer passed the smell test. His tax was paid and I am sure if a penalty was due he paid that also. He didn't wait for a Democrat or reporter to uncover a missed tax payment like some others in our government have done. More than likely, he had to file extensions as well. There are many forms such as K-1s that can take awhile to get to the investor and all you can do is estimate your tax. [/QUOTE]

Verification