Mitt Voluntarily Pays 5% More In 2011 1040..

[Wedgebuster]

13.7 million dollars income on mainly investment (unearned) income. Puts out 14.1% in Fed Income Tax, 30% to charities, but only claimed a portion of that in order to keep his tax rate up closer to the percentage he estimated publicly, according to his campaign, otherwise his rate would have been closer to 9%

What a guy, what a guy!!!!

of course you can always file an emended tax return and recoup the extra, or take a bigger credit next year, but I won't mention that..

[TheDancinMonarch]

13.7 million dollars income on mainly investment (unearned) income. Puts out 14.1% in Fed Income Tax, 30% to charities, but only claimed a portion of that in order to keep his tax rate up closer to the percentage he estimated publicly, according to his campaign, otherwise his rate would have been closer to 9%

What a guy, what a guy!!!!

of course you can always file an emended tax return and recoup the extra, or take a bigger credit next year, but I won't mention that..

Is his return legal? Does it follow the law? If so then the story is over. I would not expect any American to pay $1 more than called for by the law.

[Wedgebuster]

13.7 million dollars income on mainly investment (unearned) income. Puts out 14.1% in Fed Income Tax, 30% to charities, but only claimed a portion of that in order to keep his tax rate up closer to the percentage he estimated publicly, according to his campaign, otherwise his rate would have been closer to 9%

What a guy, what a guy!!!!

of course you can always file an emended tax return and recoup the extra, or take a bigger credit next year, but I won't mention that..

Is his return legal? Does it follow the law? If so then the story is over. I would not expect any American to pay $1 more than called for by the law.

Me neither

But good ol' Mitt volunteered up an extra 5%, just to prove he's a heck of a guy!!

[dbackjon]

Is his return legal? Does it follow the law? If so then the story is over. I would not expect any American to pay $1 more than called for by the law.

Me neither

But good ol' Mitt volunteered up an extra 5%, just to prove he's a heck of a guy!!

Of course, given Mitt's propensity to amend returns (like amending his return to show his legal address in his son's basement in MA, instead of UT where he actually lived), he can always amend his return after the election and get all that money back.

[dbackjon]

Mitt Romney's trustee said in a campaign press release that Romney artificially inflated his own effective tax rate so it would remain above 13 percent by deferring $1.75 million in charitable deductions. Romney had previously said that none of his last decade of tax returns dipped below that 13 percent threshold.

In an interview with ABC News in July, however, Romney dismissed the idea that he would ever pay more taxes than legally owed, saying if he did so he wouldn't be "qualified" to be president.

"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," Romney said. "I'd think people would want me to follow the law and pay only what the tax code requires."


So he is just DEFERRING the charitable contributions...

And, he has admitted he is unqualified to be President.

[SeattleGriz]

Didn't his deferring have something to do with a Governor pledge to not pay taxes under 13%?

By the way, you see how he doubled up Obama in charity giving?

[dbackjon]

Didn't his deferring have something to do with a Governor pledge to not pay taxes under 13%?

By the way, you see how he doubled up Obama in charity giving?

Yes, he claimed his tax rate was never under 13%.



And how much of that was to the Mormon Church, which isn't really a charity, but a scam masquarading as a church?

[SeattleGriz]

Didn't his deferring have something to do with a Governor pledge to not pay taxes under 13%?

By the way, you see how he doubled up Obama in charity giving?

Yes, he claimed his tax rate was never under 13%.



And how much of that was to the Mormon Church, which isn't really a charity, but a scam masquarading as a church?

Should be 10%. Regardless of whether you agree with the charity, a donation is a donation.

[TheDancinMonarch]

You guys can sputter and bluster with all of the fake outraged indignation you can muster but a legal tax return is a legal tax return. End of story. And let's be realistic here. If there was the slightest hint of irregularity with any Romney tax return from last year back to the antediluvian days, that return would have just somehow been leaked from the IRS. It would be the Chicago or O'Bama way.

And for the record this year my Presidential vote will be for Virgil Goode, representing the Constitution Party.

[Bronco]

-
Time for Harry R to put up his tax returns

Also we need to see BO"s school records

Even Gore had the guts to put his D in Science for all to see

BHO=Political coward

Years ago I knew a Mormon who who worked construction
He was hurt outside work and wasn't able to work
Mormon church came over paid his mortgage brought food for his family.
until he was able to work again.
It was pretty impressive

[SeattleGriz]

-
Time for Harry R to put up his tax returns

Also we need to see BO"s school records

Even Gore had the guts to put his D in Science for all to see

BHO=Political coward

Years ago I knew a Mormon who who worked construction
He was hurt outside work and wasn't able to work
Mormon church came over paid his mortgage brought food for his family.
until he was able to work again.
It was pretty impressive

Agreed. What is the problem? Obama's afraid people will see he gamed the system like Elizabeth Warren?

[dbackjon]

LMAO at "Let's see the school records"


Desperate straw grabbing by losers.

[dbackjon]

You guys can sputter and bluster with all of the fake outraged indignation you can muster but a legal tax return is a legal tax return. End of story. And let's be realistic here. If there was the slightest hint of irregularity with any Romney tax return from last year back to the antediluvian days, that return would have just somehow been leaked from the IRS. It would be the Chicago or O'Bama way.

No, that would be the Nixonian way...


So it is great that Mitt paid only what is legally required, but you look down on those that also pay what is legally required, which may be little or nothing if you are a senior, working poor, etc. Your class warfare is duly noted.

[SeattleGriz]

LMAO at "Let's see the school records"


Desperate straw grabbing by losers.

What's the problem then? Afraid people will see his grades (self admittedly low) and wonder how exactly he got into all the prestigious schools with subpar grades?

I seem to remember how big a deal libs made of Bush's grades until it was determined that his were actually better than Kerry's at Yale.

[Chizzang]

One thing is clear from all this...
The elite wealthy are way over taxed in this country
I don't know how they can stand it - it's so unfair for them - wrangling hard to get it up to 14%


Yeah... it's tough for them

[Grizalltheway]

One thing is clear from all this...
The elite wealthy are way over taxed in this country
I don't know how they can stand it - it's so unfair for them - wrangling hard to get it up to 14%


Yeah... it's tough for them

Hey, it's trickling down, remember? It just happens to take a long, loooong time to do so...

[Chizzang]

One thing is clear from all this...
The elite wealthy are way over taxed in this country
I don't know how they can stand it - it's so unfair for them - wrangling hard to get it up to 14%


Yeah... it's tough for them

Hey, it's trickling down, remember? It just happens to take a long, loooong time to do so...

It's nice that they have a bunch of middle class folks fighting their "over taxed" battle for them

[Baldy]

LMAO at "Let's see the school records"


Desperate straw grabbing by losers.

Well, he has spent millions of dollars to keep those records sealed.

You're all for transparency, jon. Aren't you?

[Baldy]

Mitt Romney's trustee said in a campaign press release that Romney artificially inflated his own effective tax rate so it would remain above 13 percent by deferring $1.75 million in charitable deductions. Romney had previously said that none of his last decade of tax returns dipped below that 13 percent threshold.

In an interview with ABC News in July, however, Romney dismissed the idea that he would ever pay more taxes than legally owed, saying if he did so he wouldn't be "qualified" to be president.

"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," Romney said. "I'd think people would want me to follow the law and pay only what the tax code requires."


So he is just DEFERRING the charitable contributions...

And, he has admitted he is unqualified to be President.

...and on the Univision 'town hall', Obama admitted he was a failure as president. Your point?

[Baldy]

13.7 million dollars income on mainly investment (unearned) income. Puts out 14.1% in Fed Income Tax, 30% to charities, but only claimed a portion of that in order to keep his tax rate up closer to the percentage he estimated publicly, according to his campaign, otherwise his rate would have been closer to 9%

What a guy, what a guy!!!!

of course you can always file an emended tax return and recoup the extra, or take a bigger credit next year, but I won't mention that..

Leave it to a Donk like wedgie to complain about a guy paying more in taxes than he has to.

Oh the irony.

[Seahawks08]

...and on the Univision 'town hall', Obama admitted he was a failure as president. Your point?

Good so both claim they shouldn't be president. Time to vote Ron Paul in!

[TheDancinMonarch]

You guys can sputter and bluster with all of the fake outraged indignation you can muster but a legal tax return is a legal tax return. End of story. And let's be realistic here. If there was the slightest hint of irregularity with any Romney tax return from last year back to the antediluvian days, that return would have just somehow been leaked from the IRS. It would be the Chicago or O'Bama way.

No, that would be the Nixonian way...


So it is great that Mitt paid only what is legally required, but you look down on those that also pay what is legally required, which may be little or nothing if you are a senior, working poor, etc. Your class warfare is duly noted.

It would be really helpful if you would argue with what I actually said as opposed to what you think I meant. And I would concede the Nixon point if you would concede the O'Bama point.

[Baldy]

Good so both claim they shouldn't be president. Time to vote Ron Paul in!

Yeah, let's trade in an incompetent amateur in on a complete nutjob.

[kalm]

You guys can sputter and bluster with all of the fake outraged indignation you can muster but a legal tax return is a legal tax return. End of story. And let's be realistic here. If there was the slightest hint of irregularity with any Romney tax return from last year back to the antediluvian days, that return would have just somehow been leaked from the IRS. It would be the Chicago or O'Bama way.

And for the record this year my Presidential vote will be for Virgil Goode, representing the Constitution Party.

I'm sure they're not like this everywhere, but I have a relative in law enforcement who has had to deal with his local Constitution Party clan on several occasions and in his jurisdiction they tend to be heavily armed, white supremacist, non-tax paying, over-throw the government types.

What do you like about their ideas?

[blueballs]

Much ado about nothing.... Romney earned a bunch of money and paid what he legally owed. We should expect nothing less.

I kind of scratch my head over all of this. Somewhere along the way our culture has been hijacked by those who envy and wish to punish the successful. When I was a kid a couple of generations ago my parents & aunts/uncles/grandparents told me over and over I could be and do anything I wanted and let me know in no uncertain terms that they expected excellence and expected me to do better than them- and I have. I know for a fact that my dad died content in 1/2004 because I showed him my year end paystub in 2003 and he knew he never had to worry about me again or anybody else in the family because I had their back.

Heck, I want somebody who as successful as Romney to lead the country. If you look at Obama's resume and Romney's side by side objectively without any pretense of ideology there's no question who you would hire to fix the economy or set the tone for achievement in our country.

The person I really have a problem with- and every one of you should too- is Harry Reid. Reid took to the floor of the US Senate (yes the same senate where he hasn't managed a budget since 2008) and LIED to the American people repeatedly about a private citizen. In no way is this acceptable and he should be impeached- yet he has been given a pass for political and ideological expediency. He is not fit to serve and is lower than whale shit and is an embarrassment to his state, his party, and our country. He has got to go.