Romney's Taxes

[dellinger63]

14.1 % effective rate and an astonishing $4 million on $13.7 million in income given to CHARITY! That's 29% of total income given to charity.

Surely a far cry from the President's 4 tenths of one percent given when he thought no one was looking. Con-man to the bone.

[pmacdaddy]

And then we look at Biden.

Sure is fun to stand tall and dole out other people's money though...

Reminds me, I should dig up some old underwear to donate and write off.

[jms62]

Originally Posted by dellinger63

14.1 % effective rate and an astonishing $4 million on $13.7 million in income given to CHARITY! That's 29% of total income given to charity.

Surely a far cry from the President's 4 tenths of one percent given when he thought no one was looking. Con-man to the bone.

What's the news here? Didn't he release his 11 Return sometime back?

[Danzig]

During an interview with Radio Iowa last night, Ann Romney had a message for the growing ranks of Republicans who have criticized her husband in recent days.


"Stop it. This is hard. You want to try it? Get in the ring," she said. "This is hard and, you know, it’s an important thing that we’re doing right now and it’s an important election and it is time for all Americans to realize how significant this election is and how lucky we are to have someone with Mitt’s qualifications and experience and know-how to be able to have the opportunity to run this country."

[Riot]

From Price-Waterhouse

"In 2011, the Romney's adjusted their charitable giving to be consistent with statements Mr. Romney has made in the past regarding his maximum tax rate".

That's right - the Romney's gave less to charity, so their tax rate wouldn't be outrageously lower than it already is.

Dell - are you aware that the amount of charitable giving by the Romney's (generous, yes) has absolutely zero, nothing, nada to do with why candidates releasing taxes is important, and particularly what is desirable to see in Romney's income tax returns as a candidate for president?

[Riot]

Tweets

‏@LOLGOP
Mitt Romney purposely paid more taxes. There goes the one principle Republicans thought he had.

@LOLGOP
MITT ROMNEY TOTALLY SHOWED HARRY REID BY PICKING AN ARBITRARY TAX RATE AND SPENDING MILLIONS EXTRA TO HIT IT!

[Thepaindispenser]

Only a true liberal sheep like Riot could spin someone giving $4 million to charity as something bad. Riot that is why you have no credibility as you instinctively go to your liberal websites so that you could cut and paste the spin from some liberal nutjob.

[geeker2]

Originally Posted by Danzig

During an interview with Radio Iowa last night, Ann Romney had a message for the growing ranks of Republicans who have criticized her husband in recent days.


"Stop it. This is hard. You want to try it? Get in the ring," she said. "This is hard and, you know, it’s an important thing that we’re doing right now and it’s an important election and it is time for all Americans to realize how significant this election is and how lucky we are to have someone with Mitt’s qualifications and experience and know-how to be able to have the opportunity to run this country."

[Danzig]

Originally Posted by geeker2

yeah, i almost snorted coffee (with chocolate creamer, YUM!) thru my nose when i read that.

lol

probably almost as hard as deciding what nanny to hire to take care of your kid.

[geeker2]

Zig to be fair she was talking about the process of running for President.

Just image yourself running for President and the sh*t in your past the media would dig up and twist.

No thanks,

Vote for geeker2 The Degenerate Gambler.

Not sure that would sweep me into the oval office

[Danzig]

Originally Posted by geeker2

Zig to be fair she was talking about the process of running for President.

Just image yourself running for President and the sh*t in your past the media would dig up and twist.

No thanks,

Vote for geeker2 The Degenerate Gambler.

Not sure that would sweep me into the oval office

yes, i know. which is why i'd never run. but he's not new to the process, and knows what running entails. and i doubt many feel much sympathy. i don't. he chose to run and put himself in the position he's in.

yeah, it's hard being in their shoes. poor things, having to work sooo hard. talking to folks, flying to different cities, explaining things. way harder than having a job and having to do everything on your own, with no hired help.

[geeker2]

Originally Posted by Danzig

yes, i know. which is why i'd never run. but he's not new to the process, and knows what running entails. and i doubt many feel much sympathy. i don't. he chose to run and put himself in the position he's in.

yeah, it's hard being in their shoes. poor things, having to work sooo hard. talking to folks, flying to different cities, explaining things. way harder than having a job and having to do everything on your own, with no hired help.

True - does seem like you get to play a lot of rounds of golf hummmmm maybe I will run.

[Riot]

Originally Posted by Thepaindispenser

Only a true liberal sheep like Riot could spin someone giving $4 million to charity as something bad. .

I didn't say that, fool. I said the opposite. In fact, I used the word "generous" to describe their charitable deductions.

If you can't read, stop trying to comment.

The Romney's charitable deductions are not the issue here.

[dellinger63]

Originally Posted by Thepaindispenser

Only a true liberal sheep like Riot could spin someone giving $4 million to charity as something bad. Riot that is why you have no credibility as you instinctively go to your liberal websites so that you could cut and paste the spin from some liberal nutjob.

She and the President believe government can do a far better job than charity except planned parenthood, which should no longer be needed once Obamacare kicks in and everyone is insured. Another savings from Obamacare. As well as all the community/county hospitals and free clinics that will no longer be needed.

[rpncaine]

So what is Romney's net worth?

If I had his money I'm pretty sure i would donate that much too. What the hell else would I do with it...take it with me?

How rich is rich enough?

[Riot]

Originally Posted by dellinger63

She and the President believe government can do a far better job than charity except planned parenthood, which should no longer be needed once Obamacare kicks in and everyone is insured. .

Planned Parenthood takes people with insurance. Why would a health care provider - one of the top health care providers for women's health in the country - close because more people have insurance and are insured? That's looney.

And why do you repeatedly attack Planned Parenthood? That's like attacking the Mayo Clinic.

[Riot]

Originally Posted by dellinger63

She and the President believe government can do a far better job than charity except planned parenthood,

No. I don't. Neither did I complain about Romney's charitable deductions. That's false. In fact, I praised them.

Black. White. Superficial. Shallow. Opinion unsullied by fact or reality. That's clearly the extent of some folks understanding of the world and politics. Very sad.

[Danzig]

Originally Posted by rpncaine

So what is Romney's net worth?

If I had his money I'm pretty sure i would donate that much too. What the hell else would I do with it...take it with me?

How rich is rich enough?

i saw a figure yesterday of 250 million.

and he tinkered with his deductions so as to make sure he stayed at 13%, when in fact his percentage should have been lower. odd...he's right around the same total tax as someone making about 25k a year. amazing.

and yes, i know that investments are taxed at 15%, in order to 'encourage investment'. (which means he's part of the 47%, who get breaks from the fed )
but, i think they need to re-write the rates. give them 15% on money invested here, in things that help create jobs here. as soon as it goes to a foreign investment, the rate should be higher.

and i agree, donations are a good thing.

[Danzig]

Originally Posted by geeker2

True - does seem like you get to play a lot of rounds of golf hummmmm maybe I will run.

don't forget lots of travel, and a private chef at your mansion-rent free.

but there are plenty of negatives as well....i'm not in the least tempted. and that's the problem-many who could do good don't want the hassle.

[Danzig]

Originally Posted by Danzig

http://hosted2.ap.org/APDEFAULT/3d28...27cf0906225ed7

WASHINGTON (AP) — Mitt Romney has given Democrats plenty of support for their claim he manipulated his deductions to keep his overall 2011 federal income tax rate above a certain threshold for political purposes.

The Republican presidential nominee, whose wealth is estimated as high as $250 million, seems hemmed in by a comment to reporters in August that he had never paid less than 13 percent in taxes in any single year over the past 10. Had he taken the full charitable deduction last year, it would have pushed his tax liability below 13 percent.

The former Massachusetts governor and his wife, Ann, could have claimed more in deductions, the trustee of Romney's blind trust said when the candidate's 2011 tax returns were released.
But, Brad Malt acknowledged, the couple "limited their deductions of charitable contributions to conform to the governor's statement in August, based on the January estimate of income, that he paid at least 13 percent in income taxes in each of the last 10 years."

Romney probably also will be reminded by the Democrats by something else he said in August. Defending his right to pay no more taxes than he owed, he said, "I don't pay more than are legally due, and frankly if I had paid more than are legally due I don't think I'd be qualified to become president."



nothing worse than your own words coming back to haunt you.

thought i'd paste that in this thread, since it's about romney's taxes.