My how the left are so silent after screaming about Romney's taxes for months. In 2011, the Romneys paid $1,935,708 in taxes on $13,696,951 in mostly investment income. The Romneys’ effective tax rate for 2011 was 14.1%. The Romneys donated $4,020,772 to charity in 2011, amounting to nearly 30% of their income. The Romneys claimed a deduction for $2.25 million of those charitable contributions. The Romneys’ generous charitable donations in 2011 would have significantly reduced their tax obligation for the year. The Romneys thus limited their deduction of charitable contributions to conform to the Governor's statement in August, based upon the January estimate of income, that he paid at least 13% in income taxes in each of the last 10 years. In addition, as I said he should do they released tax data in the form of a report certified by public accounts and notarized as to his last twenty years. In each year during the entire 20-year period, the Romneys owed both state and federal income taxes. Over the entire 20-year period, the average annual effective federal tax rate was 20.20%. Over the entire 20-year period, the lowest annual effective federal personal tax rate was 13.66%. Over the entire 20-year period, the Romneys gave to charity an average of 13.45% of their adjusted gross income. Over the entire 20-year period, the total federal and state taxes owed plus the total charitable donations deducted represented 38.49% of total AGI. http://www.weeklystandard.com/blogs/romneys-release-taxes_652850.html So what was all the fuss about? He pays and has paid a HUGE amount of taxes and combined with his charitable giving almost 40% of his income goes to taxes and charities. So what exactly was Senator Reid talking about when he claimed Romney had not paid taxes for the last ten years? Either he engaged in an ethics violation by declaring so on the Senate floor in a bold face lie. Or someone released unauthorized data to him about Romney's private tax information, you know that right to privacy. Time Senator Reid was put under oath and made to state publicly exactly what information was given to him and by whom. The the DOJ can prosecute whomever violated the law in the matter.
Unfortunately, most media organizations intentionally do not explain capital gains rates. They wan't people to believe he is paying a very low percentage and cheating the system. Only a few articles mentioned his chartible contributions. I am not a fan of either candidate, I just wish the media would report fairly and thoroughly. The problem has become too massive at this point.
Now isn't this rich. All that clamoring from the Obamaniacs for his tax information and he releases it and dead silence.
I heard Romney had to lie on his taxes to keep it above 13% http://politicalticker.blogs.cnn.co...xtra-taxes-to-keep-his-word-and-break-it-too/ Opps, Romney says he doesn't think he is qualified to become 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 told ABC News in July. ..
What's the lie? He didn't take all the deductions LEGALLY ALLOWED for his huge charitable deductions. Which of course meant less went to those worthy charities who actually get results from their work and instead went to the federal government. Why would someone prefer that?
He released the last two years and a certified public accounting firm, one of the top in the country, affirmed and certified what was posted as far as what taxes he paid for the last TWENTY YEARS and proved Harry Reid a liar. He was under no obligation to do that and your assertions are without basis. What is the probable cause you have that there is something illegal in his tax returns? Else why doesn't he have the same right to privacy as anyone else as far as his personal and private information? Does one give up that right to privacy when they run for President? Where is your outrage that Harry Reid using his official position would smear a candidate for President with his lies?
your moving the line, he has not released the taxes in question, why would he not just release them like other Presidential candidates have? .
He released the tax data, certified and notorized, as to how much he paid. EXACTLY the line I have drawn several times in the forum. And he had NO obligation to do that. Reid lied. End of story. You seem to forget you already had 20 years of financial disclosure detailing all his holdings. What is your probable cause to force him to turn over his private information to you? What are you looking for and what is your probable cause it is in his tax returns which apparently the IRS has found no problems within. Do people give up that privacy when they run for President yes or no? Where is your outrage Reid would tell such a lie in an attempt to impugn Romney and use his official government position to do so.
we have yet to see his tax returns in question I did criticize Reid for his actions, on this very site even .
What question? What is your probable cause there is something illegal or questionable in them? We know how much he made, and how much he paid in taxes and it was A LOT, A WHOLE LOT. So where are the calls for Reid to withdraw his accusation and face ethics charges?
"Do Bain SEC documents suggest Mitt Romney is a criminal? " http://www.washingtonpost.com/blogs...is-a-criminal/2012/07/12/gJQAlyPpgW_blog.html
Republicans want to get Obama off the ballot, say he isn't an American citizen. Democrats want to get Romney off the ballot, say he is a felon. Politics as usual.
Already debunked and nothing to do with is tax returns. So again what is the probable cause he did something illegal with his taxes? You know what he earned, you know how much tax he paid, you know where his money is invested and held. What is the need to see his full tax returns? What is it you are so desperately fishing for? So what do you think about the fact that he is FAR more generous in his giving than Obama?
None of his records are 'in question'. He has released way-way more than required. The whiners that support Obama are going to whine no matter what he releases.. If he released 10 years, they'd want 12. If he released 12, they'd want 20. If he overpays his taxes, they whine, if he only payed the minimum, they'd whine.
It's amazing that the liberals want to see Mitts' tax returns to see if he paid his fair share while hlaf of the country (90% democrats) pay no taxes. What a joke!
