Romney releases 2011 tax record
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Grumpier Than Uncle Joe
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« on: September 21, 2012, 01:09:27 PM »
If anyone really cares....

WASHINGTON (AP) — Mitt Romney is releasing his 2011 tax returns.

Romney aides on Friday said the Republican presidential nominee would give the public a look at his finished tax forms. Ahead of their release, expected at 3 p.m., aides said Romney earned almost $13.7 million last year and paid more than $1.9 million in taxes — an effective tax rate of 14.1 percent.

Romney's campaign earlier estimated that Romney would pay about $3.2 million in taxes.

Romney paid about $3 million in federal income taxes in 2010 — or 13.9 percent.
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afleitch
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« Reply #1 on: September 21, 2012, 01:14:02 PM »
He pays a lower percentage of tax than me Tongue
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Phony Moderate
Obamaisdabest
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« Reply #2 on: September 21, 2012, 01:17:01 PM »
Which puts this issue back in the news cycle for at least a few days.
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Craigo
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« Reply #3 on: September 21, 2012, 01:22:13 PM »
Somewhere in DC Harry Reid is calling a press conference.
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Likely Voter
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Junior Chimp
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« Reply #4 on: September 21, 2012, 01:24:54 PM »
I'm sure that Romney doesn't feel 'entitled' to get the carried interest tax break allowing him to pay such a low rate, unlike those moocher households that pay 15% on payroll taxes but dont pay income tax.
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Grumpier Than Uncle Joe
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« Reply #5 on: September 21, 2012, 01:25:38 PM »
Quote from: afleitch on September 21, 2012, 01:14:02 PM
He pays a lower percentage of tax than me Tongue

Me too.
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Grumpier Than Uncle Joe
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« Reply #6 on: September 21, 2012, 01:26:47 PM »
Quote from: Mitt Montgomery Burns on September 21, 2012, 01:17:01 PM
Which puts this issue back in the news cycle for at least a few days.

Typical Friday news dump.....then no one gives a f[inks] over the weekend.
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Yank2133
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« Reply #7 on: September 21, 2012, 01:28:10 PM »
Quote from: Grumps on September 21, 2012, 01:26:47 PM
Quote from: Mitt Montgomery Burns on September 21, 2012, 01:17:01 PM
Which puts this issue back in the news cycle for at least a few days.

Typical Friday news dump.....then no one gives a f[inks] over the weekend.

This.

Smart move by Team Romney.
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Joe Biden is your president. Deal with it.
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« Reply #8 on: September 21, 2012, 01:32:49 PM »
He is done. He pays lower income than me. I pay 27%
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5280
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« Reply #9 on: September 21, 2012, 01:33:12 PM »
The weekends are a break from politics.
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Craigo
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« Reply #10 on: September 21, 2012, 01:35:07 PM »
Quote from: 5280 on September 21, 2012, 01:33:12 PM
The weekends are a break from politics.

In the 20th century, maybe. The internet doesn't shut down at close of business on Friday.
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5280
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« Reply #11 on: September 21, 2012, 01:36:49 PM »
Quote from: Bane on September 21, 2012, 01:32:49 PM
He is done. He pays lower income than me. I pay 27%
He has a lower percent, but still pays more taxes than you even w/ a higher income.
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Craigo
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« Reply #12 on: September 21, 2012, 01:41:00 PM »
« Edited: September 21, 2012, 01:52:43 PM by Craigo »
Quote from: 5280 on September 21, 2012, 01:36:49 PM
Quote from: Bane on September 21, 2012, 01:32:49 PM
He is done. He pays lower income than me. I pay 27%
He has a lower percent, but still pays more taxes than you even w/ a higher income.

Congratulations, you've discovered arithmetic. Maybe you can teach it to Mitt Romney and Paul Ryan.
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opebo
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« Reply #13 on: September 21, 2012, 01:43:12 PM »
Quote from: 5280 on September 21, 2012, 01:36:49 PM
Quote from: Bane on September 21, 2012, 01:32:49 PM
He is done. He pays lower income than me. I pay 27%
He has a lower percent, but still pays more taxes than you even w/ a higher income.

So, his argument to the voters will be - 'I pay more taxes than you, even with a higher income'?

Well I suppose they are pretty dumb, but I doubt they're that dumb.
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Bacon King
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« Reply #14 on: September 21, 2012, 01:45:55 PM »
hey romney how bout those 2009 returns now
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HagridOfTheDeep
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« Reply #15 on: September 21, 2012, 01:58:22 PM »
How controversial!
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Simfan34
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« Reply #16 on: September 21, 2012, 01:58:50 PM »
Quote from: Craigo on September 21, 2012, 01:35:07 PM
Quote from: 5280 on September 21, 2012, 01:33:12 PM
The weekends are a break from politics.

In the 20th century, maybe. The internet doesn't shut down at close of business on Friday.

Yeah, but people's attention spans do.
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auburntiger
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« Reply #17 on: September 21, 2012, 02:01:43 PM »
« Edited: September 21, 2012, 02:05:24 PM by auburntiger »
To be fair, the report did state that he paid $4mil (30%) in charitable giving, which partially explains why his tax rate is so low. So that's 44% total giving away. I don't think this is really an issue.
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Grumpier Than Uncle Joe
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« Reply #18 on: September 21, 2012, 02:02:16 PM »
Quote from: Craigo on September 21, 2012, 01:35:07 PM
Quote from: 5280 on September 21, 2012, 01:33:12 PM
The weekends are a break from politics.

In the 20th century, maybe. The internet doesn't shut down at close of business on Friday.

No, but at the close of business Friday most people just care about drinking and getting laid......that's why the Friday News Dump is so popular.
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Miles
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« Reply #19 on: September 21, 2012, 02:05:45 PM »
Chris Cillizza of The Fix did a pretty logical analysis of why Romney released his returns today.
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BigSkyBob
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« Reply #20 on: September 21, 2012, 02:29:04 PM »
The Kerrys and the Gores are wealthier than the Romneys. The Kennedy clan isn't exactly poor, either.

Reid said put up or shut up to Romney. Romney put up. Will Reid now admit he lied?
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Craigo
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« Reply #21 on: September 21, 2012, 02:33:46 PM »
Quote from: Grumps on September 21, 2012, 02:02:16 PM
Quote from: Craigo on September 21, 2012, 01:35:07 PM
Quote from: 5280 on September 21, 2012, 01:33:12 PM
The weekends are a break from politics.

In the 20th century, maybe. The internet doesn't shut down at close of business on Friday.

No, but at the close of business Friday most people just care about drinking and getting laid......that's why the Friday News Dump is so popular.

When I started out, nobody watched the news or read the paper on Saturday. By 2008 when I left, most Americans got their news from the internet - and there are even more internet-ready phones than there were four years ago. People just aren't as likely to disconnect on weekends, especially not during a presidential campaign. There's no where to dump the trash anymore where people won't see it.
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Grumpier Than Uncle Joe
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« Reply #22 on: September 21, 2012, 02:34:38 PM »
Ok Craigo....I still contend this is the best dump day, but ok.
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memphis
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« Reply #23 on: September 21, 2012, 02:37:33 PM »
Quote from: auburntiger on September 21, 2012, 02:01:43 PM
To be fair, the report did state that he paid $4mil (30%) in charitable giving, which partially explains why his tax rate is so low. So that's 44% total giving away. I don't think this is really an issue.

IRS tax code notwithstanding, organized religion is not charity. It's a social club with a political agenda.
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Northeast Rep Snowball
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« Reply #24 on: September 21, 2012, 02:37:50 PM »
Quote from: auburntiger on September 21, 2012, 02:01:43 PM
To be fair, the report did state that he paid $4mil (30%) in charitable giving, which partially explains why his tax rate is so low. So that's 44% total giving away. I don't think this is really an issue.

Yes, but that was when he was running or looking into elections, the refusal of earlier years means that they are worse, as if they weren't it would of come in 1 big flop earlier. The problem is the income rate, but the charities do help him look better, and he does look better with the tax returns out in my opinion
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