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Romney's 2011 tax return

Discussion in 'BBS Hangout: Debate & Discussion' started by basso, Sep 21, 2012.

  1. basso

    basso Member
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    donated +$4m to charity, 30% of their over all income.

    full details ~3pm ET.
     
  2. basso

    basso Member
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    ~$2m in taxes on ~$13.5m in income, primarily investments.
     
  3. SamFisher

    SamFisher Member

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    14%.

    This is the guy who thinks his taxes are too high, not yours, since you've already gotten enough help.
     
  4. Carl Herrera

    Carl Herrera Member

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    He also apparently deducted less than he could have in order to overpay tax so the effective tax rate would look higher.
     
  5. basso

    basso Member
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    averaged ~20% in FEDERAL taxes over past 10 years. does not include state taxes. primary means of lowering taxes? charitable giving.
     
  6. basso

    basso Member
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    from their mouth to your post:

    <blockquote class="twitter-tweet"><p>Romney deliberately overpaid his 2011 taxes so that his tax rate wouldn't contradict his public statements on the matter.</p>&mdash; ThinkProgress (@thinkprogress) <a href="https://twitter.com/thinkprogress/status/249204277229256704" data-datetime="2012-09-21T17:51:44+00:00">September 21, 2012</a></blockquote>
    <script src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
  7. Carl Herrera

    Carl Herrera Member

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    A little arithmetic.
     
  8. basso

    basso Member
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    federal + state + charity= ~40% of Romney's income last 20 years.
     
  9. CrazyDave

    CrazyDave Member

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    Was this the long form? How do we know it's not a fake?
     
  10. basso

    basso Member
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    you're pissed off he paid too much?
     
  11. basso

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    <blockquote class="twitter-tweet"><p>Romney: $4,000,000.00 to charity. Biden: $369.00. Damn greedy capitalists...</p>&mdash; D.M. Hawkins (@HawkinsUSA) <a href="https://twitter.com/HawkinsUSA/status/249206034785259520" data-datetime="2012-09-21T17:58:43+00:00">September 21, 2012</a></blockquote>
    <script src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
    1 person likes this.
  12. SamFisher

    SamFisher Member

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    I think it's hilarious that Robo-mitt the Plutocrat thinks 14% is going to resonate with the masses and make him look like a regular Average Tax-Paying Joe, while 9% is a no go area and Ann wants to be First Lady REAL bad so that Rafalca can prance on the Lawn. .

    Hahahahhaa. I love this guy so much.
     
  13. basso

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    <blockquote class="twitter-tweet"><p>Romneys paid an average federal tax rate of 20.20%. Today, the average federal tax rate for Americans is 7.2%. Narrative: destroyed.</p>&mdash; Ellen Carmichael (@ellencarmichael) <a href="https://twitter.com/ellencarmichael/status/249205862525194241" data-datetime="2012-09-21T17:58:02+00:00">September 21, 2012</a></blockquote>
    <script src="//platform.twitter.com/widgets.js" charset="utf-8"></script>
     
  14. Rashmon

    Rashmon Member

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    The smoking gun is the 2008 return...
     
  15. Carl Herrera

    Carl Herrera Member

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    So... Is THIS little math wizardry what took them so long to do the return?

    About charitable contributions: Nobody ever doubted that Mitt gave a lot to charity, particularly given his Mormon tithing duties and the fact that he has been running for president for at least 6 years (for Pete's sake). In fact he may be a perfectly charitable guy all his life, doesn't mean he isn't and out of touch plutocrat who pretends to be someone else but will likely serve plutocratic interests above all.

    Whatever he donated doesnt make the 47% comment go away.
     
    #15 Carl Herrera, Sep 21, 2012
    Last edited: Sep 21, 2012
  16. SamFisher

    SamFisher Member

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    Aahhahahaha, yes I pay 7%. Like the average american. So do you, right?
     
  17. basso

    basso Member
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    x5...
     
  18. Rashmon

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    In 2008, Romney earned $23,425,316 and paid $412.18 in federal income taxes.

    This calculates to a federal tax rate of 0.0018%.
     
  19. SamFisher

    SamFisher Member

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    The smoking guns are the 2010 and 11 ones. The 2008, 09, whatever ones are the atomic bomb crater in the New Mexico Desert
     
  20. DonnyMost

    DonnyMost Member
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    I'm guessing most of that is to the Mormon church, some of it mandated via tithing. So, pardon me if I take umbrage with this liberal use of the word "charity".
     

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