Romney's Taxes released and You won't believe it
Sep 21, 2012 16:39:25 #
http://thecaucus.blogs.nytimes.com/2012/09/21/romney-to-release-2011-tax-returns/?hp
Well Romney finally released his 2011 taxes and it turns out he paid a little more than 14%. Wait, that's not the good part. The good part is that he should have paid 9% based on his deductions so he chose to not claim some of his charitable deductions so his tax rate would be consistent with his statements that he never paid less than 13%. Now you might think the Dems gave this explanation but alas it was Romney's own team that gave that explanation.
I wonder if the Governor knows his team is working for Obama.
Well Romney finally released his 2011 taxes and it turns out he paid a little more than 14%. Wait, that's not the good part. The good part is that he should have paid 9% based on his deductions so he chose to not claim some of his charitable deductions so his tax rate would be consistent with his statements that he never paid less than 13%. Now you might think the Dems gave this explanation but alas it was Romney's own team that gave that explanation.
I wonder if the Governor knows his team is working for Obama.
Sep 21, 2012 17:32:52 #
Kit Lens wrote:
What part of this is bad for Romney? It just shows that he gives a large portion of his income to charity!!!!! Now had he given nothing to charity he would have not earned those deductions... of course dems know nothing of charity so of course they don't understand the deduction and how it works.
If he gave nothing you would be railing that he is a greedy bastard who does not think of his fellow man, when he does give you complain that he does not pay enough in taxes... The rest of the report released but a major accounting firm so you can have faith in the veracity of the report, said that he has paid taxes in each of the last 20 years and the lowest rate in any one year was 13.6% and over the 20 years his averaged rate was about 20%... Still I am sure that you will search for a way to turn that into he is a greedy filthy bastard.. Good Hunting.
Sep 21, 2012 17:52:34 #
This is the problem. He's the one that said anyone who pays more taxes than he owes shouldn't be President and now I agree with him.
But here is the other issue. You see when you pay too much on your taxes you can amend them anytime in the next three years. So he's released his taxes and now he can simply amend them and get the rest of his deduction.
It goes to show that he's once again manipulating the system to come up with the answer he likes.
Yes he gave the money to charity (like the Morman church needs more money) but if he took the deduction he would have paid 9% taxes.
Your payroll taxes are more than that. Even Mitt's 47%'rs who pay no income tax pay more than 9% in payroll taxes.
Guess the problem I have with it is that it speaks to his dishonesty.
But here is the other issue. You see when you pay too much on your taxes you can amend them anytime in the next three years. So he's released his taxes and now he can simply amend them and get the rest of his deduction.
It goes to show that he's once again manipulating the system to come up with the answer he likes.
Yes he gave the money to charity (like the Morman church needs more money) but if he took the deduction he would have paid 9% taxes.
Your payroll taxes are more than that. Even Mitt's 47%'rs who pay no income tax pay more than 9% in payroll taxes.
Guess the problem I have with it is that it speaks to his dishonesty.
Sep 21, 2012 18:10:38 #
Kit Lens wrote:
This is the problem. He's the one that said anyon... (show quote)
I suppose that you didn't claim any exemptions on your income tax?
Sep 21, 2012 18:23:25 #
DougW
Loc: SoCal
Seeing as it was income from investments his money had been taxed before. The government got a second bite of the apple.
Sep 21, 2012 18:56:13 #
Kit Lens wrote:
This is the problem. He's the one that said anyon... (show quote)
As you said in an earlier post you are one of those who would not only not vote for Romney but you are so firmly cemented in your political ideology that will disparage him at any opportunity, even while excusing the president for weakening the programs that you stated that you rely on... The president did take $716 billion out of medicare and shifted it to Obamacare where it will not benefit you at all. When the physician and provider cuts come in you will begin to feel the effect, and if you are a benefactor of Medicare Advantage you can pretty much kiss that goodbye because the president will not fund that after 2013, he has used $8 billion from the ACA to fund the cuts that were supposed to occur this year so that they would occur after the election.
There is nothing that Romney could do that would allow you to have a kind word for him, just as there is little that president Obama could do that would allow me to have even a centila of confidence in him..
Cheers.
Sep 21, 2012 19:34:54 #
Sep 21, 2012 19:49:07 #
Obama donated $172,000
What is interesting about this week is that the Middle East is burning and the president and his administration have spent 9 days lying about what is actually going on and what transpired, yet the national media wants to focus on Romney's taxes and the fact that he paid more than he had to after his comments during the republican debates.... This is the most willful withholding of the news that I have ever in my life seen by the national media... They are trying to protect this president and aid in his not having to acknowledge and deal with his foreign policy failure. What is worse is that he has no policy or plan to correct the situation as he loses control over our relationship with several important countries in very important areas of the world... It is shameful and if there was ever a doubt about media bias this last week has exposed it for any who will simply open their eyes...
What is interesting about this week is that the Middle East is burning and the president and his administration have spent 9 days lying about what is actually going on and what transpired, yet the national media wants to focus on Romney's taxes and the fact that he paid more than he had to after his comments during the republican debates.... This is the most willful withholding of the news that I have ever in my life seen by the national media... They are trying to protect this president and aid in his not having to acknowledge and deal with his foreign policy failure. What is worse is that he has no policy or plan to correct the situation as he loses control over our relationship with several important countries in very important areas of the world... It is shameful and if there was ever a doubt about media bias this last week has exposed it for any who will simply open their eyes...
Sep 21, 2012 19:59:00 #
Love your response...the article in question goes on to say that Romney has donated 30% +/- of his gross incometo charity while Obama gave less than 20%, but there will be those that will argue this as well.
Blurryeyed wrote:
quote=Kit Lens http://thecaucus.blogs.nytimes.com... (show quote)
Sep 21, 2012 20:34:19 #
I bet Romney's also got a better house and a better car than I've got. Some people get all the breaks!
The government would probably operate for about 30 seconds with the taxes I've paid ... for my whole life.
The government would probably operate for about 30 seconds with the taxes I've paid ... for my whole life.
Sep 21, 2012 21:03:04 #
Arrrr those that never EARN will never learn !!!
I wish we could split the country in half and close the boarder after the Dems find out how well there ideas work , look at Greece , EVERY Demohead should understand Greece is as exactly what Obama would like our country to be . Good luck with that .
I wish we could split the country in half and close the boarder after the Dems find out how well there ideas work , look at Greece , EVERY Demohead should understand Greece is as exactly what Obama would like our country to be . Good luck with that .
Sep 21, 2012 21:14:40 #
Kit Lens wrote:
.....Guess the problem I have with it is that it speaks to his dishonesty.
Where is the dishonesty? The man earned the majority of his income from investments, which is taxed at a lower rate than regular income.
Then he donated 30% of his income to charity. $4millionish.
He only claimed $2.5 million for tax purposes.
He did not do anything illegal, did he?
Did you dontate 30% of your income to charity? Did you donate 10% to charity? I doubt it.
Maybe he's the better man and your are just jealous.
Sep 21, 2012 21:15:20 #
Kit Lens wrote:
This is the problem. He's the one that said anyon... (show quote)
all you self rightous tax experts please post your tax returns for us to see. Cmon posT them here. I wont because it is none of your d... business.
Sep 21, 2012 21:25:32 #
If Obama gets elected again he will put 55% of the poulation on the dole. He will try to set up a welfare state like Europe has. He will have so many people on the government tit that it will take 100 years to correct his mess. I can only hope he messes things up so bad that the Socialest(Democratic) party will never get elected in the next 1000 yrs.
Sep 21, 2012 22:15:46 #
Kit Lens wrote:
This is the problem. He's the one that said anyon... (show quote)
You work so hard trying to find something to criticize Romney for that I'm afraid you might hurt yourself. You're the kind of person who needs Obama there to protect you from you.
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